ExxonMobil’s new well, dubbed Pegasus, will be drilled near the existing Glaucus deposit which is estimated to contain 5 to 8 trillion cubic feet of gas inside an area for which the company and ...

ExxonMobil's planned drilling of a new exploratory well, called Pegasus, is seen as a key step in advancing the joint development of the gas fields. If Pegasus hits a good amount of hydrocarbon ...

According to S&P Global, estimates suggest that the Electra-1 exploration well is targeting a structure that could hold between 15 Tcf and 30 Tcf of gas. In a post on X, President Nikos ...

We have another example of what the Keystone XL might bring now that ExxonMobil is dealing with a pipeline rupture in Mayflower, AR in its Pegasus pipeline. The oil company is cleaning up ...

XOM begins exploratory drilling offshore Cyprus at the Electra prospect. The region has shown promising results, as ...

Global energy giant ExxonMobil (NYSE:XOM) reported mixed fourth-quarter 2024 results on Friday, Jan. 31. Stronger-than-anticipated earnings resulted in adjusted EPS of $1.67, surpassing market ...

Once completed, the wells will bring the water to the surface where ExxonMobil will deploy a direct lithium extraction (DLE) technology to remove the metal from the brine. The DLE process will be ...

ExxonMobil and Qatar Energy on Friday began exploratory drilling for natural gas in a prospect west of Cyprus, Cyprus President Nikos Christodoulides said on X.

This post follows a previous post which pointed to significant influence that ExxonMobil+Pioneer created in the oil and gas sphere. Now we explore the company’s influence in climate and the ...

ExxonMobil had previously announced that its drilling operations would include the Electra and Pegasus prospects. The president of Cyprus mentioned that drilling had commenced at the Electra ...