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News Breaks | | | | March 6, 2013 | | 09:03 EDT |  | XOM | Exxon Mobil sees delivering 1M oil-equivalent barrels by 2017
Exxon Mobil Corporation anticipates major project start-ups will deliver 1M oil-equivalent barrels over the next five years, the company announced. Production of crude oil and other liquids is expected to increase by an average of four percent per year between 2013 and 2017 as the company starts production at 28 major oil and gas projects, 24 of which are liquids or liquids-linked projects. Twenty two major projects will start production over the next three years, including an expansion of the Kearl oil sands project in Alberta, Canada, and a liquefied natural gas export project in Papua New Guinea, Exxon stated in a presentation to investment analysts. To continue to explore for and develop new resource opportunities, ExxonMobil plans to invest about $190B over the next five years to meet growing energy demand, the company said. | |
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News For XOM From The Last 14 Days Check below for free stories on XOM the last two weeks. |
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| May 20, 2013 | | 08:08 EDT |  | XOM | EU to review fracking concerns, Reuters reports
Environmental concerns over the practice of hydraulic fracturing to get at shale gas will be on the EU's agenda this year, EU Energy Commissioner Guenther Oettinger told the German newspaper Die Welt, reports Reuters. Reference Link | | | 05:40 EDT | | XOM | U.S. oil futures rally as many commodities decline, WSJ reports
 Subscribe for More Information | | | May 16, 2013 | | 08:01 EDT | | XOM | FMC Technologies receives subsea equpiment order from ExxonMobil
Subscribe for More Information | | | May 15, 2013 | | 08:38 EDT | | XOM | WTI crude falls for a fith consecutive day, Bloomberg reports
Subscribe for More Information | | | 07:20 EDT | | XOM | InterOil in final talks on ‘multi-billion dollar’ LNG deal, Bloomberg reports
InterOil Corp. (IOC), which has plans to develop an LNG project in Papua New Guinea, is in the final stage of talks with major oil producers and a national oil company for a “multi-billion dollar” partnership, reports Bloomberg. Royal Dutch Shell (RDS.A) has said it had discussions with InterOil and was interested in the proposed Papua New Guinea LNG plant. Reference Link | | | May 14, 2013 | | 07:10 EDT | | XOM | IEA says North American oil will dominate world supply growth, WSJ reports
Subscribe for More Information | | | May 9, 2013 | | 15:16 EDT | | XOM | Exxon Mobil to build $10B LNG facility in Texas, Bloomberg reports
Subscribe for More Information | | | 11:33 EDT |  | XOM | Exxon Mobil to host conference call
Vice President Rosenthal will host a conference call regarding the company's executive compensation on May 10 at 2 pm. Webcast Link | | | May 8, 2013 | | 16:00 EDT |  | XOM | Options Update; May 8, 2013
CBOE Volatility Index VIX down 17c to 12.66. Option volume leaders: BAC GOOG C AAPL DIS X XOM according to Track Data. | |
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