Cyprus and Egypt have signed agreements to process natural gas from Cypriot waters in Egypt, enhancing regional energy ...

The president of Cyprus says a pair of agreements outlining how sizeable natural gas deposits inside Cypriot waters will get to market via processing facilities in Egypt are a milestone for energy ...

US energy company ExxonMobil will start drilling two exploratory natural gas wells at the Cairo and Misri concessions in Egypt’s Mediterranean Sea during the first quarter (Q1) of 2026, an unnamed ...

The development also signals the departure of Kogas from Cyprus’ EEZ. The Korean firm held 20 per cent ... where the concession holders are ExxonMobil and QatarEnergy. The drilling got underway in ...

The main issue is the downstream business. In 2024, ExxonMobil earned just $4.03 billion in worldwide earnings in its energy products segment compared to $12.14 billion in 2023. Worldwide upstream ...

US major ExxonMobil and Qatar Energy have launched a new drilling operation off Cyprus as they seek to tap the Mediterranean island's offshore gas, officials said on Friday.

Exxon Mobil missed Q4 2024 estimates with EPS of $1.67 vs $1.77 forecast and revenue of $83.43B vs $85.35B expected Stock price dropped 2.5% post-earnings, closing at $106.96 in aftermarket ...

Commissions do not affect our editors' opinions or evaluations. Though the Exxon Mobil Smart Card+™* earns a decent 12¢/gal in instant savings on every gallon of Synergy Supreme+™ premium ...

Exxon Mobil posted strong fourth quarter profits as the oil and gas company increased production in the Permian basin at home, and in Guyana. The Texas company earned $7.61 billion, or $1.72 per share ...

NEW YORK (AP) — Exxon Mobil’s fourth-quarter profit tops expectations as production jumps in the Permian basin and Guyana.

Exxon Mobil Corporation XOM, the U.S. oil and gas giant, has begun exploratory drilling offshore Cyprus in partnership with QatarEnergy to tap into the potential natural gas reserves in the region.