ExxonMobil Corp. has let a three-year hydraulic fracturing services agreement to ProPetro Holding Corp. to provide electric hydraulic fracturing services to in the Permian ...
Saudi Arabia’s top chemicals company reported a 62% drop in year-on-year profit as weak demand puts the industry under stress ...
The refinery project in Sri Lanka is a move by the top Chinese and global refiner to secure more markets overseas.
The global plastic additives market is anticipated to reach a value of US$ 66.6 Billion by 2032, expanding at a 4.6% CAGR ...
Higher energy prices in Europe have played a role in ExxonMobil Corp. and Sabic closing units making the plastic feedstock ...
US supermajor ExxonMobil has sanctioned yet another development in the prolific Stabroek block offshore Guyana that should add 250,000 barrels per day of oil capacity by the end of 2027.
Saudi Basic Industries Corp. (SABIC), BASF and Linde inaugurated today, April 17, the demonstration plant for the world’s first large-scale electrically heated steam cracking furnaces, following three ...
The Federal Government has intensified efforts toward concluding the sale of $1.3 billion ExxonMobil oil assets to Seplat Energy Plc as strategy to increasing investment and Nigeria’s ...
On the one hand, ExxonMobil's total dividend outlay in 2023 was roughly flat with 2022's level. However, the payout increased on a per-share basis. Exxon raised its dividend per share by 3.4% in ...
SBM Offshore NV has secured contracts for the Whiptail development project in Guyana's Stabroek Block from ExxonMobil Guyana Limited (EMGL). Under the contracts, SBM Offshore will construct and ...
The downturn in petrochemicals continues to hit Europe hard, as two of the continent’s largest petrochemical makers—ExxonMobil and Sabic—disclosed their intention to shutter ethylene plants.