All publications by tag «EXXON»
2018, July, 30, 13:30:00
EXXONMOBIL EARNINGS $4 BLN
EXXONMOBIL - Exxon Mobil Corporation announced estimated second quarter 2018 earnings of $4 billion, or $0.92 per share assuming dilution, compared with $3.4 billion a year earlier. Cash flow from operations and asset sales was $8.1 billion, including proceeds associated with asset sales of $307 million. During the quarter, the corporation distributed $3.5 billion in dividends to shareholders. Capital and exploration expenditures were $6.6 billion, up 69 percent from the prior year, reflecting key investments in Brazil, the U.S. Permian Basin and Indonesia.
2018, July, 12, 10:20:00
U.S. - EXXON - RUSSIA SANCTIONS
BLOOMBERG - Treasury Secretary Steven Mnuchin told a Texas judge that Exxon Mobil Corp. doesn’t have a right to see privileged documents related to a $2 million fine assessed against the energy company for violating sanctions related to Russia’s 2014 invasion of Ukraine.
2018, June, 20, 12:15:00
EXXON - AUSTRALIA LNG
PLATTS - ExxonMobil's planned LNG import project in Victoria will compete with AGL's planned LNG import terminal in the same state -- at Crib Point near Melbourne -- projected to come online by financial year 2020-2021, and AIE's project next door in the state of New South Wales, potentially at Port Kembla, Newcastle or Port Botany, expected by as early as 2020.
2018, June, 1, 09:15:00
EXXON'S INVESTMENT $200 BLN
BLOOMBERG - Exxon is planning to invest more than $200 billion in major oil and gas projects around the world over seven years, a signal that growth carries a bit more weight in company plans.
2018, April, 30, 10:00:00
EXXONMOBIL EARNINGS $4.7 BLN
EXXONMOBIL - Exxon Mobil Corporation announced estimated first quarter 2018 earnings of $4.7 billion, or $1.09 per share assuming dilution, compared with $4 billion a year earlier. Cash flow from operations and asset sales was $10 billion, including proceeds associated with asset sales of $1.4 billion. During the quarter, the corporation distributed $3.3 billion in dividends to shareholders. Capital and exploration expenditures were $4.9 billion, up 17 percent from the prior year.
2018, March, 30, 11:05:00
EXXON PARTNERSHIP IN BRAZIL
REUTERS - Exxon along with Petrobras and Qatar Petroleum Intl shelled out 2.8 billion reais ($844 million) for a block in Brazil’s offshore Campos basin as the American oil major seeks to aggressively replace dwindling reserves.
2018, March, 9, 13:30:00
EXXON STRATEGY - 2025: TWICE
EXXONMOBIL - Aggressive Growth Plans to More than Double Earnings
- Earnings and cash flow from operations projected to approximately double by 2025
- Strongest investment opportunities in two decades to drive results, improve returns
- Profitable production growth with low-cost-of-supply tight oil, liquefied natural gas and deepwater
2018, March, 4, 11:20:00
EXXON LEAVES RUSSIA
ROSNEFT - The decisions of ExxonMobil to abandon certain projects that fall under the legislative limitations once again imposed by the US government despite their successful development fully comply with the position of the American regulator that changed the way we collaborate on these projects.
2018, February, 9, 10:30:00
EXXON'S RESERVES 21.2 BLN
EXXONMOBIL said it added 2.7 billion oil-equivalent barrels of proved oil and gas reserves in 2017, replacing 183 percent of production. ExxonMobil's proved reserves totaled 21.2 billion oil-equivalent barrels at year-end 2017. Liquids represented 57 percent of the reserves, up from 53 percent in 2016. ExxonMobil’s reserves life at current production rates is 14 years.
2018, February, 5, 07:45:00
EXXON ENERGY OUTLOOK - 2040
EXXONMOBIL - Despite efficiency gains, global energy demand will likely increase nearly 25 percent. Nearly all growth will be in non-OECD countries (e.g. China, India), where demand will likely increase about 40 percent, or about the same amount of energy used in the Americas today.