
ExxonMobil planning CAPEX of US$30 – US$35 billion annually through 2025
Darren W. Woods, the company's chairman and CEO, made the announcement at the company’s annual investor day at the New York Stock Exchange.
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Darren W. Woods, the company's chairman and CEO, made the announcement at the company’s annual investor day at the New York Stock Exchange.

The company recorded an increased profit after tax of US$164 million, compared to US$133 million in 2018.

Empire Energy Group Ltd. has received Northern Territory Government approvals for the drilling of Carpentaria-1.

Rystad Energy now expects more than half of global oil demand growth to be lost in 2020.

The two companies have entered a long-term maintenance contract for seawater lift pumps.

Drilling of confirmation well 31/5-7 Eos south of the Troll field in the North Sea took place to determine the suitability of the reservoir in the Johansen formation for CO2 storage.

WFS has appointed Peter Sharpe as interim CEO, taking over from Brendan Hyland who is stepping down after founding the firm more than 17 years ago in 2003.

The companies will help oil and gas customers embrace digital transformation technologies.

Santos’ option to acquire an 80% interest in the permit, offshore Western Australia, has expired.

The project proposes to capture the 1.7 million t of carbon dioxide currently separated from natural gas at the Moomba gas processing plant each year and reinject it.

Processing of the northern half of TGS's ocean-bottom node (OBN) multi-client survey in the Norwegian North Sea has been completed.

Tendeka will deliver sand screens and FloSure autonomous inflow control devices to Aker BP’s fields on the Norwegian continental shelf.