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ExxonMobil Updates
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.
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...
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...
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 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...
Train 1 of the project has reached substantial completion of construction and commissioning.
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...
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...
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...
Construction is under way on the fifth and sixth approved projects at the Stabroek block development.
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...
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...
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 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...
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 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...
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 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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