About: ExxonMobil

Erdogan says drilling off Cyprus to continue despite warning

Turkish President Recep Tayyip Erdoğan on Sunday (16 June) said Turkey would not back down from gas exploration in Cyprus after southern European leaders urged Ankara to stop.

Exxon lobbyists allowed to keep EU access badges

The heads of political groups in the European Parliament have failed to reach a decision on whether to strip ExxonMobil lobbyists from their EU access badges, leaving some activists bitterly disappointed and others reflecting about future engagement with the oil and gas industry.

ExxonMobil faces EU Parliament ban after no show at climate hearing

ExxonMobil faces losing its lobby privileges at the European parliament after the company failed to show up for the first hearing into climate change denial. EURACTIV's media partner The Guardian, reports.

Pompeo begins tour in long-overlooked central Europe

When Secretary of State Mike Pompeo visits Hungary, Slovakia and Poland this week he wants to make up for a lack of US engagement that opened the door to more Chinese and Russian influence in central Europe, administration officials say.

European oil majors better prepared for energy transition than US, Chinese counterparts

Oil majors are “lagging” when it comes to preparing for the low-carbon energy transition, according to a new report from financial watchdog CDP, which nonetheless praised BP, Eni, Equinor, Total, Repsol and Shell for taking the industry’s lead.

Europe grapples with policy patchwork to tackle air pollution

The patchwork of measures to fight air pollution currently in place across European cities is not only inefficient but sometimes counter-productive, said participants at a EURACTIV event on Tuesday (26 June).

Cyprus energy – averting a US-Turkey crisis

A storm is brewing as a conflict between the US and Turkey is emerging. Exxon Mobil's plans for natural gas in Cypriot water is strongly opposed by Turkey, which could send warships to block drilling, as it has done in the past. A solution to the crisis would be to start talks on energy issues among the parties of the Cyprus conflict, writes Matthew Bryza.

Turkey voices energy ambitions at World Petroleum Congress

Turkey, a country poor in energy resources, has voiced its ambitions to leverage its geographic position by becoming an even more important crossroads of supply routes and a giant energy hub, saying this would “improve” the EU’s energy security.

Energy giants bank on Qatar in LNG price war, despite political crisis

The West's three biggest energy corporations are lobbying Qatar to take part in a huge expansion of its gas production, handing Doha an unintended but timely boost in its bitter dispute with Gulf Arab neighbors.

Sefcovic: Looking forward to working with US mayors, governors, progressive corporations

EXCLUSIVE: Speaking to EURACTIV just before he left for a visit to China from 5 to 9 June, Commission Vice President for the Energy Union Maroš Šefčovič voiced the EU determination to work for reaching the Paris agreement goals despite the withdrawal of the Federal government.

TTIP talks: EU alleged to have given ExxonMobil access to confidential strategies

The EU appears to have given the US oil company ExxonMobil access to confidential negotiating strategies considered too sensitive to be released to the European public during its negotiations with the US on the trade agreement TTIP, documents reveal.

ExxonMobil under investigation over claims it lied about climate change risks

The New York attorney general is investigating whether ExxonMobil misled the public and investors about the dangers and potential business risks of climate change, sources familiar with the investigation said yesterday (5 November).

Europe’s energy big six say gas must help in the fight against climate change

The bosses of Europe’s six largest energy companies, including BP and Shell, have said gas should play a vital role in plans to tackle global warming, in a rare public intervention aimed at influencing UN talks.

Croatia to explore for oil, gas in Adriatic

Croatia has received six bids in an international tender for oil and gas exploration areas in the Adriatic, and will choose the best ones by the end of the year, Economy Minister Ivan Vrdoljak said yesterday (3 November).

France hosts Armenia-Azerbaijan summit over Nagorno-Karabakh

Armenian and Azeri leaders have agreed to pursue talks over the disputed Nagorno-Karabakh region after resuming direct contacts at a meeting in Paris Monday (27 October), the French government said.

Big shale gas deal may not spark EU energy revolution

A major UK energy firm has struck a deal hailed by Prime Minister David Cameron as a step towards energy security but as the European Commission launches discussions on 2030 climate and energy policies opinions are divided as to which direction the EU should take the unconventional fossil fuel.

BP turns to government in Russian venture

BP is ending a stormy relationship with Russian tycoons from a company known as AAR and is instead targeting a partnership with government-owned Rosneft. The deal, worth over $25 billion (€19.18 billion) could give the British oil company a stake of between 16% and 20% in the Russian oil giant. 

Ukraine picks Western firms for offshore gas project

Ukraine has selected ExxonMobil and Royal Dutch Shell to develop its Skifska hydrocarbon field in the Black Sea, choosing the American and Dutch companies over Russia's Lukoil for the €8.15-billion project. 

Exxon boss speaks out against climate change ‘fear factor’

Fears about climate change are overblown and shifting weather patterns and rising sea levels should be considered an engineering problem, said the head of the world's largest oil refiner, ExxonMobil.

US, Russia ink biggest oil and gas deal of Obama era

ExxonMobil and Rosneft signed an agreement yesterday (30 August) to extract oil and gas from the Russian Arctic, in the most significant US-Russia corporate deal since President Barack Obama began a push to improve bilateral ties.

Russia, ExxonMobil seal $1bn Black Sea oil deal

US-based ExxonMobil, the biggest privately-controlled oil company in the world, will make a new investment in Russia for the first time in over a decade as Moscow seeks to thaw its frosty investor climate and keep its oil flowing.