Tag: Exxon Mobil Corp.

Shell to sell stake in MacKenzie Gas Project

Royal Dutch Shell Plc (RDSA) plans to sell its 11.4% stake in a long-stalled, CAD 16.2 billion natural-gas production and pipeline project in Canada's far north, in addition to its other assets in the region.

World’s largest LNG carrier

Exxon Mobil Corp.’s technology expertise in LNG has resulted in an industry breakthrough in carrier design and size, enabling the more efficient transport of natural gas to markets throughout the world.

Sakhalin-1 project production goal achieved

Exxon Mobil Corp. has announced that phase one of the Sakhalin-1 project offshore Eastern Russia, led by its subsidiary Exxon Neftegas Ltd, and including affiliates of Rosneft, RN-Astra and Sakhalinmorneftegas-Shelf, Sakhalin Oil and Gas Development Co. Ltd and ONGC Videsh Ltd, has reached its targeted peak production rate of 250,000 barrels of oil per day.

Sakhalin-1 investment

Sakhalin-1 project shareholders, which include Exxon Mobil Corp., have budgeted USD 23.7 billion in expenses related to the offshore oil and natural gas venture to 2046.

Arctic gas pipeline

Proponents of a CAD 4 billion pipeline to tap Arctic Canada's vast natural gas reserves may announce they will proceed with the project, Canada's Indian Affairs Minister has said.

Petro-Canada to develop North Sea field

Britain has approved Petro-Canada's plans to develop the Clapham oilfield in the central North Sea.

Qatar-UK gas supply deal

Exxon Mobil Corp. and Qatar Petroleum have signed an agreement to supply liquefied natural gas from Qatar to Britain.