Exxon Mobil Corp on Monday decided to invest $10 billion in a fourth oil production project off the coast of Guyana, the largest in the South American country.
A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. REUTERS/Sergio Moraeson Monday decided to invest $10 billion in a fourth oil production project off the coast of Guyana, the largest in the South American country.
Exxon's fourth project at Yellowtail will "provide the world with another reliable source of energy to meet future demand and ensure a secure energy transition,” said Liam Mallon, president of Exxon's upstream company. Exxon named the offshore production unit for Yellowtail "One Guyana," it said. The project will include six drill centers and up to 26 production and 25 injection wells, the company said.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Biggest Movers: CAKE Hits $10, as DOGE Rises for a Second Consecutive Session – Market Updates Bitcoin NewsDOGE was higher on Monday, days after a video about the meme-coin was shared by Elon Musk. CAKE also rose today.
Weiterlesen »
Exxon expects a profit boom thanks to high oil prices. But exiting Russia will come at a costIt’s a tale of two oil trends for ExxonMobil: The company will post a massive profit increase for the first quarter thanks to the oil price spike, but it’s bracing to lose money on its planned exit from Russia.
Weiterlesen »
States Legislators Can Usher In an Antiracist, Equitable Recovery. Here's How.Billions in unspent federal pandemic aid can be used to uplift and invest in struggling communities.
Weiterlesen »
Iraq oil exports $11.07 bn in March, highest for 50 yearsIraq exported $11.07 billion of oil last month, the highest level for half a century, as crude prices soared amid shortfall fears following Russia's invasion of Ukraine, the oil ministry said.
Weiterlesen »
Billions, and more, for lawmakers' projects in spending billHome-district projects for members of Congress are back, sprinkled across the government-wide $1.5 trillion bill that President Joe Biden signed recently
Weiterlesen »
Studio Theatre Renovation Makes Its DebutThe decades-old theater on 14th Street underwent a massive renovation as part of a $20 million capital project.
Weiterlesen »