Exxon Mobil Corp., the world’s leading oil refiner, boosted its capacity to transport crude from Canada’s oil sands to refineries in Texas and Louisiana. For full story, click here
Continue reading "Exxon Boosted Pipeline to Oil Sands By 50%"
Tuesday, July 21, 2009
Exxon’s ability to replace its oil reserves is almost as legendary as its profitability. While many of its supermajor rivals struggle to make it to 100 per cent, Exxon declared a 103 per cent replacement in 2008. For full story, click here
Continue reading "Counting Oil Sands in Reserve Replacement"
Wednesday, July 15, 2009
Rex Tillerson, has headed the world’s leading international oil company, has dismissed biofuel from food plants as “moonshine” and told shareholders he would avoid the business, as he was not an expert in agriculture. For full story, click here
Continue reading "Exxon has invested $600 mln in fuel from algae scheme"
Friday, June 19, 2009
Exxon Mobil Corp., the world’s leading oil refiner, boosted its capacity to transport crude from Canada’s oil sands to refineries in Texas and Louisiana. For full story, click here
Continue reading "Exxon Mobil has boosted pipeline to Oil Sands by 50%"
Friday, June 12, 2009
Petroleo Brasillerio, Brazil’s state-controlled oil company, declared that it wants to rival the trading operations of BP Plc and Exxon Mobil Corp. as surging crude output prompts the company to seek new markets for its products. For full story, click here
Continue reading "Petrobras will rival BP, Exxon Trading as output climbs"
Monday, February 16, 2009
As harsh oil outposts go, Canada would not appear to rank high on the list. For full story, click here
Continue reading "Exxon Mobil looks to Canada for heavy-duty project"
Wednesday, July 30, 2008
SOME CHEER ON THE OIL FRONT By Duncan Sutherland – Exclusive to Heavy Oil Investing News A good quarter for heavy oil companies Heavy oil and oil sands companies, by and large, posted positive results in the just-ended quarter. This was to be expected, what with oil prices hitting an all-time high. It is worth noting, however, that energy costs took a [...]
Continue reading "Upgrader: July 30"
Tuesday, July 15, 2008
Venezuelan President Chavez threatened to cut oil supply to US, if US oil gian Exxon makes another successful attempt to freeze overseas financial accounts of Petroleos de Venezuela SA. Chavez was quoted as saying: If they freeze us, there’s no more oil for the United States, and the price of crude will go to $300 a [...]
Continue reading "Venezuela threatened to cut oil supplies to US"
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Wednesday, August 19, 2009