ExxonMobil is pursuing a preliminary LNG supply agreement, potentially involving Microsoft, while noting high production from Guyana and the Permian Basin.
1 report, 1 independent
Updated Jul 1
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What happened
ExxonMobil is pursuing a preliminary LNG supply agreement, potentially involving Microsoft, while noting high production from Guyana and the Permian Basin.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- ExxonMobil leverages its assets in Guyana's Stabroek Block while simultaneously announcing that an acquisition provides contiguous acreage in the Permian Basin.Sub-event
ExxonMobil is pursuing a preliminary LNG supply agreement, involving Microsoft, across its Guyana and Permian Basin operations.1 source
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The entities involved
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ExxonMobil
American multinational oil and gas corporation
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Microsoft
American multinational technology corporation
- Nvidia is expanding its platform deployment across major cloud providers, including Google Cloud and Microsoft Azure.
- Cloud giants, including Microsoft, Amazon, Anthropic, OpenAI, and Google, are benefiting from overall AI market growth while navigating corporate cost containment and future market competition.
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Guyana
country in South America
Related events
- Projects are underway in the Leviathan field near Israel, while Permian operations aim to supply gas for Microsoft's plant amidst geopolitical tensions driven by the Iran conflict.
- ExxonMobil is seeking to unlock Trinidad’s offshore potential, using Guyana’s successful oil drilling operations as a blueprint.
- ExxonMobil and Brookfield Renewable are expanding globally, increasing production in Guyana and Africa, while monitoring Brent crude prices and Middle East volatility.
- ExxonMobil and Santos share an oil project, while Santos reported a gas spill off the Western Australian coast. Separately, Shell was implicated in oil spills in the Niger Delta.
- ExxonMobil and Shell are pursuing an LNG project in Tanzania's Lindi Region, with agreements submitted to the Tanzanian Parliament.