New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 13, 2013
10:41 EDTXOMExxon Mobil, Rosneft expand strategic cooperation
Rosneft and ExxonMobil have agreed to expand their cooperation under their 2011 Strategic Cooperation Agreement to include an additional approximately 600,000 square kilometers of exploration acreage in the Russian Arctic and potential participation by Rosneft in the Point Thomson project in Alaska. They have also agreed to conduct a joint study on a potential LNG project in the Russian Far East. The agreements include plans to explore seven new blocks in the Chukchi Sea, Laptev Sea and Kara Sea. A separate Heads of Agreement was signed providing Rosneft an opportunity to acquire a 25% interest in the Point Thomson Unit, which covers development of a remote natural gas and condensate field on Alaska’s North Slope. It is estimated that Point Thomson contains approximately 25% of the known gas resource base in Alaska’s North Slope. Rosneft and ExxonMobil also executed a Memorandum of Understanding to jointly study the economic viability of an LNG development in the Russian Far East, including the possible construction of an LNG facility. The companies will form a joint working group, which is expected to commence work in the coming weeks to study the viability of an LNG project using available natural gas resources.
News For XOM From The Last 14 Days
Check below for free stories on XOM the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
August 12, 2014
07:46 EDTXOMJacobs receives contract from Exxon Mobil
Jacobs Engineering (JEC) announced that it was awarded a contract from ExxonMobil (XOM)Chemical to provide engineering, procurement and construction services as part of a multi-billion dollar ethane cracker project in ExxonMobil’s Baytown, Texas complex and associated premium product facilities in Mont Belvieu, Texas. Company officials did not disclose the contract value. Under the terms of the contract, Jacobs is providing site enabling works and interconnections services for the two sites. Jacobs’ scope of work includes site preparation of 350 acres for the ethane cracker in Baytown and 100 acres for the product facilities in Mont Belvieu.
August 11, 2014
17:37 EDTXOMExxon Mobil awarded $373.92M government contract
Exxon Mobile Fuels Lubricants & Specialties Marketing Co. has been awarded a maximum $373.92M fixed-price with economic-price-adjustment, indefinite-delivery/indefinite-quantity contract for aviation turbine fuel and naval fuel. This contract was a competitive acquisition with 16 offers received. This is a one-year base contract with a 30-day carry-over period and no option periods. Locations of performance are Virginia and California, with an Oct. 30, 2015 performance completion date. Using service is Defense Logistics Agency Energy.
09:31 EDTXOMExxon Mobil management to meet with Oppenheimer
Meeting to be held in the Midwest on August 13 hosted by Oppenheimer.
August 8, 2014
10:35 EDTXOMSeadrill announces commitment for West Saturn unit
Subscribe for More Information
August 7, 2014
11:57 EDTXOMExxon Mobil evacuating staff from Kurdistan, Reuters says
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use