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ExxonMobil

ExxonMobil is an American multinational oil and gas corporation and one of the world's largest publicly traded energy companies. The company is headquartered in Irving, Texas, and operates across all segments of the energy industry, including exploration, production, refining, transportation and marketing of crude oil, natural gas and petroleum products. ExxonMobil maintains operations in more than 50 countries and explores for oil and gas on six continents. The corporation's core business activities include upstream exploration and production, downstream refining and chemicals manufacturing, and the development of liquefied natural gas projects. ExxonMobil holds significant market positions in global energy markets and ranks consistently among the largest companies worldwide by revenue, generating hundreds of billions of dollars annually. The company employs tens of thousands of people globally and operates major subsidiaries including Esso, Mobil and ExxonMobil Chemical. In Africa, ExxonMobil has notable interests in offshore gas developments, particularly in Mozambique's Rovuma Basin, where it operates liquefied natural gas projects. The company was formed in 1999 through the merger of Exxon and Mobil, themselves descendants of John D. Rockefeller's Standard Oil, which was broken up in 1911.

ExxonMobil Updates


Image of LNG terminal
ZET liquefied natural gas import terminal project, South Africa – update
26th June 2026 By: Sheila Barradas

Zululand Energy Terminal and ExxonMobil South Africa LNG, an affiliate of ExxonMobil, signed a heads of agreement to advance the project on June 17, 2026. 


ZET director Oliver Naidu and ExxonMobil LNG Market Development Inc chairperson Andrew Barry
ZET says ExxonMobil agreement further strengthens LNG terminal’s commercial foundation
17th June 2026 By: Terence Creamer

The Zululand Energy Terminal (ZET), which is aiming to build South Africa’s first liquefied natural gas (LNG) import terminal at the Port of Richards Bay in KwaZulu-Natal, has signed heads of... 


ASX offices
Australian mining shares boosted by US, Iran preliminary peace deal
15th June 2026 By: Reuters

Australian shares extended gains on Monday as the US and Iran agreed to a preliminary peace deal, while oil prices tumbled, sending energy stocks lower, with Woodside Energy falling after denying... 


Woodside Energy's North Rankin project
Australia's Woodside Energy unaware of any proposal involving Exxon Mobil
15th June 2026 By: Reuters

Australia's Woodside Energy said on Monday it was not aware of any proposal involving US major Exxon Mobil and was not engaged in discussions regarding a potential transaction, responding to recent... 


Standard Bank Mozambique CEO Bernardo Aparício
Standard Bank outlines macroeconomic spinoffs from $30bn Rovuma LNG project
8th June 2026 By: Terence Creamer

Standard Bank has published a bullish macroeconomic assessment of the giant Rovuma liquefied natural gas (LNG) project in northern Mozambique, which has been described as the largest commercial... 


Image of LNG storage tanks
Golden Pass LNG project, US – update
3rd April 2026 By: Sheila Barradas

Train 1 of the project has reached substantial completion of construction and commissioning.   


US President Donald Trump
Trump Alaska lease sale draws record $163m from oil majors
19th March 2026 By: Reuters

The US government on Wednesday held its most successful sale ever of oil and gas drilling rights in Alaska's National Petroleum Reserve, attracting $163-million in winning bids from industry... 


Lizz Westcott has been appointed CEO and MD of Woodside Energy
Woodside appoints interim chief Liz Westcott as permanent CEO
18th March 2026 By: Reuters

Australia's Woodside Energy on Wednesday appointed interim chief Liz Westcott as CEO and MD, succeeding Meg O'Neill who departed Australia's largest oil and gas producer in December to take the... 


Image of LNG pipelines
Richards Bay liquid natural gas bulk terminal, South Africa – update
13th March 2026 By: Sheila Barradas

Vopak has postponed the final investment decision. 


Vopak's logo
Vopak delays investment on South African LNG project to 2028
4th March 2026 By: Reuters

Dutch tank storage and terminal operator Vopak has pushed back a final investment decision (FID) on South Africa's first liquefied natural gas terminal to 2028, a senior executive said on... 


Image of FPSO
Stabroek block development – Hammerhead project, Guyana
23rd January 2026 By: Sheila Barradas

Construction is under way on the fifth and sixth approved projects at the Stabroek block development. 


Meg O'Neill
How BP’s new boss became the most powerful woman in fossil fuels
18th December 2025 By: Bloomberg

Meg O’Neill’s rapid rise to the top of one of the world’s biggest fossil-fuel companies has been unencumbered by doubt. At a moment when oil executives are still being pressed to move away from... 


Standard Lithium JV gets $1.1bn in funding interest for Arkansas project
10th December 2025 By: Reuters

Smackover Lithium, a joint venture between Standard Lithium and Equinor, said on Tuesday it had attracted more than $1-billion in financing interest for its Arkansas lithium project. Three export... 


Image of LNG storage tanks
Golden Pass export terminal project, US – update
28th November 2025 By: Sheila Barradas

Chiyoda International Corporation and McDermott have reached an agreement with Golden Pass LNG Terminal pertaining to an amendment to the engineering, procurement and construction contract to... 


Mozambique grants 30-year concession to State firms for LNG facilities, pipeline
24th November 2025 By: Reuters

Mozambique has granted its top state-owned companies, including national oil firm ENH, a 30-year concession to build and operate natural gas facilities at the Port of Beira and the smaller... 


Legislative Reform and Community Engagement: Keys to the Lock on South African Oil and Gas Exploration
Legislative Reform and Community Engagement: Keys to the Lock on South African Oil and Gas Exploration
3rd November 2025

The waters off South Africa’s west coast represent a veritable treasure trove of economic opportunity for the country, considering that its majority share of the Orange Basin — the geological... 


Arkansas Governor Sarah Huckabee Sanders believes DLE can be successful.
Arkansas aims to become US lithium hub, overcoming Chinese competition, tech challenges
31st October 2025 By: Reuters

Arkansas faces stiff Chinese competition, sagging market prices and technological challenges as it vies to become the hub for US lithium production, obstacles that state officials and industry... 


A rendering of the Mozambique LNG plant
Mozambique may dispute TotalEnergies proposals on LNG project
31st October 2025 By: Reuters

Mozambique's government may have counter-arguments to the updated budget and schedule proposed by TotalEnergies for the liquefied natural gas (LNG) project it is leading in the Southern African... 


TotalEnergies CEO Patrick Pouyanne
TotalEnergies tells Mozambique LNG project costs have risen by $4.5bn
27th October 2025 By: Reuters

TotalEnergies has told Mozambique that the costs of its liquefied natural gas project in the country have risen by $4.5-billion in the four years it was on hold, and it wants its production... 


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