ExxonMobil's Elektra exploration well off the coast of Cyprus has been deemed uncommercial in a blow to the country's bid to develop offshore gas resources, the Cyprus Energy Ministry said on Monday.

Exploration drilling at the Elektra-1 well in Block 5 of Cyprus’s Exclusive Economic Zone (EEZ) has concluded without the discovery of commercially viable quantities of natural gas, Cyprus’s Ministry ...

Exxon Mobil's (NYSE:XOM) exploration well off the coast of Cyprus has been deemed non-commercial in a blow to the country's effort to develop offshore gas resources, the Cyprus Energy Ministry said ...

NICOSIA, April 14 (Reuters) - An exploration drill by ExxonMobil (XOM.N), opens new tab offshore Cyprus has failed to find commercial quantities of natural gas, the island's energy ministry said on ...

Exxon Mobil Corporation (NYSE:XOM) is one of the largest integrated fuels, lubricants, and chemical companies in the world. Exxon Mobil Corporation (NYSE:XOM) announced on January 26 that it has ...

ExxonMobil drilled a non-commercial well in Block 5 offshore Cyprus. The drillship will now move to the adjacent Block 10 to drill the Pegasus-1 exploration well. ExxonMobil Exploration and Production ...

Exxon Mobil (XOM) said Monday it has started commercial operation of a carbon capture and storage project with ammonia producer CF Industries (CF) in Louisiana, with plans to transport and store up to ...

Jan 26 (Reuters) - Exxon Mobil (XOM.N), opens new tab said on Monday it has begun its commercial operation of carbon capture and storage, or CCS, with ammonia producer CF Industries (CF.N), opens new ...