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Although market dynamics is difficult to predict, it is likely that natural gas prices in the U.S. may remain at depressed level for years if not decades to come. No companies will rush to bring shale gas to the market because a flood of natural gas from shale formations will price shale...
ExxonMobil Corporation is a large multinational oil and gas corporation headquartered in Irving, TX. As of 2016 ExxonMobil is the largest of the world's Big Oil companies. In 2016 the company had revenues exceeding $200 Billion (USD). ...
But with the outlook for oil and gas prices uncertain because of the coronavirus pandemic and a shift to cleaner energy, finding buyers and striking deals might prove tricky. “This is not a very good time to sell assets,” Total CEO Patrick Pouyanne said while presenting the French giant’...
progress we've made toward our 15% cash opex savings target. Moving to Slide 5. Upstream earnings, excluding identified items, decreased by approximately $3 billion, largely driven by lower prices, with liquids realizations down 50% and natural gas realizations down 25% versus the first quarter...
Margins in North America tightened during the quarter, as product prices continued to lag the steep increases in ethane feedstock costs, consistent with higher gas prices. Before recapping our financial results, let me touch on the market environment underpins them. As I mentioned in my pre-record...
Ken Cohen, vice-president for public affairs and Sherri Stuewer, vice-president for safety, health and environment explain Exxon's position on climate change and lay down basic principles for a future US policy to reduce greenhouse gas emissions.
close in the future. Improvements in Upstream natural gas and LNG prices as well as increased liquids production in Guyana also benefited earnings. Continued strong demand for high value Chemical performance products coupled with the strong reliability supported Chemical earnings improvement of $200 ...
If you look at all of the ways a company, particularly in the oil and gas industry, all of the options they have to allocate capital through dividends, through share buybacks, through acquisitions, through their own investment of operations. I don't know. I think you're right. Again, ...