Cyprus and Egypt have signed agreements to process natural gas from Cypriot waters in Egypt, enhancing regional energy ...
The president of Cyprus says a pair of agreements outlining how sizeable natural gas deposits inside Cypriot waters will get ...
Two agreements were signed by Cypriot President Nikos Christodoulides and his Egyptian counterpart Abdel Fattah El-Sisi on Monday, concerning the exploitation of natural gas resources under the seabed ...
ExxonMobil is receptive to growing its business in the US Gulf of Mexico but other deepwater plays around the world are currently more attractive, according to chief executive Darren Woods. Woods ...
US energy company ExxonMobil will start drilling two exploratory natural gas wells at the Cairo and Misri concessions in Egypt’s Mediterranean Sea during the first quarter (Q1) of 2026, an unnamed ...
The development also signals the departure of Kogas from Cyprus’ EEZ. The Korean firm held 20 per cent ... where the concession holders are ExxonMobil and QatarEnergy. The drilling got underway in ...
U.S. investment bank Goldman Sachs (GS) has lowered its price target on energy major Exxon Mobil’s (XOM) stock while maintaining a neutral rating on the shares. Leverage the power of TipRanks ...
The main issue is the downstream business. In 2024, ExxonMobil earned just $4.03 billion in worldwide earnings in its energy products segment compared to $12.14 billion in 2023. Worldwide upstream ...
US major ExxonMobil and Qatar Energy have launched a new drilling operation off Cyprus as they seek to tap the Mediterranean island's offshore gas, officials said on Friday.
The annual profits of Exxon Mobil and Chevron fell in 2024, as anemic natural-gas prices and narrowed refining margins took a toll. Despite the weaker results, the companies reported Friday that ...
Exxon Mobil chairman and CEO Darren Woods used the company's fourth-quarter earnings call on Friday to remind investors that nuclear-powered data centers are a long way away from the current reality.