News

ExxonMobil is reportedly in negotiations with Iraq to make a comeback to the nation's oilfields, according to a report by ...
Exxon Mobil has relaunched the sale of its stake in Azerbaijan's largest oilfield, the company said on Tuesday, as banking and industry sources said the move was drawing interest from large Asian ...
Exxon and Chevron were among five U.S. oil companies that helped create Azerbaijan's current oil industry soon after the collapse of the Soviet Union, and acquiring a stake in ACG in 1994.
Exxon already holds stakes in Azerbaijan’s largest oil development project, Azeri-Chirag-Gunashli, and the Baku-Tbilisi-Ceyhan pipeline, which transports Caspian crude to Turkey and onward to ...
If Exxon comes into Azerbaijan and BP goes, this would be the biggest shake up in Eurasian energy relations over the past twenty years. BP literally is (or at least was), Azerbaijan.
ExxonMobil has forecast a reduction of $1.5bn in its second-quarter (Q2) earnings 2025 due to lower oil and gas prices, as reported by Bloomberg. The energy giant indicated that oil prices have ...
The State Oil Company of Azerbaijan Republic (SOCAR) has reportedly signed new agreements with Exxon Mobil and bp for oil and gas exploration in the country. This collaboration aims to sustain ...
ExxonMobil is to abandon its Nakhchivan-1 exploratory oil well in Azerbaijan's sector of the Caspian Sea after failing to find commercial reserves, a company spokeswoman here said on Monday.
Exxon Mobil Corp. will pay a $50 million claim after refusing to continue drilling at two offshore fields in the Azeri sector of the Caspian Sea. Exxon Mobil will pay $32 million to exit ...
Exxon Mobil Corp. may need to pay as much as $25 million to Azerbaijan's state oil company after the U.S. company dropped plans to explore a Caspian Sea oil field. State oil company Socar is ...
Exxon Mobil has relaunched the sale of its stake in Azerbaijan's largest oilfield, the company said on Tuesday, as banking and industry sources said the move was drawing interest from large Asian ...
LONDON (Reuters) - Exxon Mobil <XOM.N> has relaunched the sale of its stake in Azerbaijan's largest oilfield, the company said on Tuesday, as banking ...