Archives for January 2017
Exxon strikes oil off coast of Guyana, again
Exxon Mobil Corp. has made a second oil discovery off the coast of Guyana, in a another reservoir 10 miles northwest of the large Liza field it discovered in 2015. The Irving-based oil giant said...
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Report: Plug-in vehicles to grow to 37 million by 2025
The anticipated rapid growth of plug-in electric vehicles worldwide is expected to surge from about 2 million now on roads to 37 million in 2025, according to a new research report. The report from the...
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Tillerson: ‘Forceful’ Russia response needed, attempts to undermine U.S. democracy not new
Rex Tillerson, the former chief executive of Exxon Mobil, told the Senate Foreign Relations Committee that attempts to undermine U.S. democracy, such as the Russian hacking efforts to influence the election, are not new, but...
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Drillers could double project investment decisions in 2017, Wood Mac says
Major oil companies could venture back into the ocean depths this year. Energy research firm Wood Mackenzie believes drillers will double the number of final investment decisions this year compared to last year, meaning the...
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Can Mexican reform boost the price of natural gas?
Sidley Austin partner Ken Irvin has been spending so much time in a downtown Houston conference room with the Mexican electric utility, Comisión Federal de Electricidad, that he’s calling the room his office these days....
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