NorthAmOil - North America Oil & Gas
ExxonMobil on track for $14bn further earnings, cash flow growth by 2027
ExxonMobil expects to deliver $14bn annual earnings and cash flow growth from the end of 2023-2027, according to a new corporate plan.
Federal Trade Commission probes ExxonMobil’s $60bn deal to buy Pioneer
Federal regulators are investigating ExxonMobil’s $60bn all-stock deal to buy Pioneer Natural Resources of Texas.
US LNG exports in November near record high
US LNG exports climbed to a near record high in November as the country shipped 7.99mn tonnes abroad, according to tanker tracking data from the London Stock Exchange Group.
COP28: ExxonMobil CEO rails against fossil fuel phase-out, tells summit to focus on emissions
ExxonMobil’s CEO, Darren Woods, has told the COP28 meet in Dubai that the world should focus on reducing emissions rather than phasing out fossil fuel.
COP28 leader defends controversial remarks
Sultan al-Jaber, the oil executive who is leading the COP28 climate summit in Dubai, has rocked the conference with highly controversial remarks that there is “no science” that phasing out fossil fuels is necessary.
COP28: Major oil companies pledge to cut methane emissions
About half of the world's oil firms, totalling almost 50 companies, have committed to achieving "near zero" methane emissions and discontinuing routine flaring in their operations by 2030, and achieving net zero by 2050.
OPEC+ extends voluntary cuts as Brazil prepares to join
The group failed to agree on an additional cut that would apply to all members, so leading producers have once again decided to cut over and above the OPEC+ quotas
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