$1.1 billion in pre-investment contracts awarded for Mozambique’s LNG project
ExxonMobil and its joint venture partners have committed $1.1 billion toward front-end engineering and preliminary procurement for the Rovuma LNG development in Mozambique. This milestone signals rene
ExxonMobil Awards $1.1B Contracts for Mozambique LNG Project
ExxonMobil and its joint venture partners in Mozambique's Area 4 have committed approximately $1.1 billion toward front-end engineering, procurement, and equipm
Big Oil's Windfall Earnings Threaten to Reignite Trump's Price-Gouging Push
The projected surge in Q1 earnings for US supermajors ExxonMobil and Chevron, driven by geopolitical risk premiums, is poised to create a political headache for
Big Oil Heads for Record Profits as Trump Turns Up the Heat on Gas Prices
A dramatic surge in crude oil prices, driven by geopolitical friction and the temporary closure of the critical Strait of Hormuz shipping chokepoint, has positi