ExxonMobil Tag

ExxonMobil has joined the Oil and Gas Climate Initiative (OGCI), in a sign that the oil major is beginning to scrutinise the role it is playing in global warming. The US-incorporated company declined to join the oil and gas industry’s flagship climate change project when it...

ExxonMobil has found further oil reserves in the Payara reservoir off the coast of Guyana, increasing the total Payara discovery to around 500 million barrels of oil-equivalent. The well was found in the Stabroek Block, about 210km offshore Guyana, with the successful drill results increasing the...