#energy

Someone posted on LinkedIn they were looking for an engineer to prepare for the mgmt of Hibernia and Hebron. Those assets are operated by ExxonMobil currently.

No info, just came here to write a prayer!
Wars in our neighbourhood, high inflation, high energy costs, $hittiest tech job market in the history of tech, mortgages refusing to cool down, and everything else we have been watching on the news lately that doesnt need a mention here. This memo was the only missing piece to complete the jigsaw of doom CA you b4stard.

https://finance.yahoo.com/energy/articles/oil-refiner-beating-nvidia-analyst-012056671.html

https://www.reuters.com/business/energy/exxonmobil-signals-lower-third-quarter-earnings-2026-10-16/

"Here are 35 AI energy companies that are actively hiring right now, ranked by percentage headcount growth in the past 90 days.
Joulent - custom power for large loads (Houston)
Dexter Energy - power market forecasting and trading (Amsterdam)
Modo Energy - AI intelligence for battery, solar, and wind (London)
ThinkLabs AI - AI digital twins for grid operators (New York)
Fuse Energy - tech-led energy supplier (London)
Emerald AI - data centers that flex power use for the grid (US)
tem - AI-native energy trading (London)
Zanskar - AI-driven geothermal exploration (Salt Lake City)
Halcyon - AI search for energy market info (San Francisco)
Gigaton - self-learning AI for heavy industry (London)
Applied Computing - foundation AI for energy operations (London)
WeaveGrid - grid orchestration for utilities and EVs (San Francisco)
EARTH AI - AI critical metals exploration (San Francisco)
Arcadia - energy data platform for utility bills (Washington, DC)
VoltaGrid - hybrid power for AI data centers (Houston)
KoBold Metals - AI discovery of battery metals (Berkeley)
1KOMMA5° - home clean energy with an AI manager (Hamburg)
Terabase Energy - solar plant construction automation (Berkeley)
Morgan Solar - AI monitoring for solar fleets (Toronto)
GRIDSIGHT - AI digital twins for distribution grids (Sydney)
NZero - automated utility data analytics (Reno)
NobleAI - science-based AI for energy R&D (San Francisco)
The Nuclear Company - software-led nuclear build-out (Lexington)
Jua - weather and energy forecasting model (Zurich)
Immensa - AI parts inventory for energy (Dammam)
Detect Technologies - industrial AI for oil, gas, and industry (Chennai)
Smart Wires Inc. - power flow control for grids (Durham)
Planted - autonomous solar deployment (Oakland)
SolarX - solar energy monitoring (Port Louis)
enspired - AI trading for battery storage (Vienna)
Lunar Energy - home solar, battery, and virtual power plants (Mountain View)
GeologicAI - AI core scanning for mining (Calgary)
Infinium - captured carbon into e-fuels (Sacramento)
Novi Labs - AI forecasting for oil and gas (Austin)
Vortexa - real-time global energy flow intelligence (London)"

The largest public companies in the Houston region are energy giants. Exxon Mobil had revenue of $324 billion in 2025, followed by Chevron, which had $185 billion, and Phillips 66, with about $132 billion.

https://www.houstonchronicle.com/projects/2026/hc-top-companies-quiz/

ConocoPhillips Chairman Ryan Lance said on ​Monday he expects the oil price floor ‌to rise to around $70 per barrel and sees a mid-cycle price of $65 to $70 per barrel ​for the US West Texas Intermediate ​crude benchmark.

https://www.reuters.com/business/energy/conocophillips-sees-oil-price-floor-rising-70-barrel-chairman-says-2026-10-05/

Since we did a full RTO the energy amongst team members had become truly incredible

I've never seen such eagerness to get to work as there is at the moment, people just dripping cars outside the door and leaving them running so they can get to their desks to start working

Meeting rooms are booked out for the next 2 years

The markets love us and our stock is strong

So the gossip is high but what do people here feel likely.

Neo Next Plus is 100% for ETAP but do they want more.

Shell want FPSO Glen Lyon.

So who wants Clair area?

Guyana is starting to exit the peak flush phase and enter a more run and maintain with daily production declines…the quicker the declines and the more aggressive the choke openings and ramp ups the higher chances the 5th FPSO doesn’t pass the 1,000,000 bopd hurdle…
Good Times…

https://www.ft.com/content/ad6d56fa-6a6e-43bd-8f12-205a3f94ac0e?syn-25a6b1a6=1

https://finance.yahoo.com/energy/articles/shale-tycoon-claims-exxon-ceo-124336695.html

It’s so nice to pay over $100 to fill up. Maybe we (as an organization) can lead the fight against the current energy crisis and reinstate WFH?

https://oilprice.com/Latest-Energy-News/World-News/India-Pushes-Back-on-US-Tariff-Threat-Over-Russian-Oil.amp.html

Oil Executives Say the Great Fuel Crisis Is Here

• Trump officials say the oil-market disruption is temporary, but Chevron’s Mike Wirth and others warn global supplies are running low, with no respite in sight.

https://www.wsj.com/business/energy-oil/oil-executives-say-the-great-fuel-crisis-is-here-b6b32030

By Benoît Morenne and Collin Eaton
September 14, 2026 at 5:06 p.m. ET

American oil executives warned for months that the prolonged closure of the Strait of Hormuz was bound to cause a fuel crisis. Now, they say it is here.

Commercial fuel stocks around the world have been depleting for more than six months, and strategic crude reserves cannot be tapped much further. Attacks last week shut down a crucial crude pipeline in Saudi Arabia that bypassed the Strait, stranding at least 2.5 million barrels a day from an already tight global oil market, analysts estimate.

“All these mechanisms helped to mitigate the price and supply risk,” Chevron Chief Executive Mike Wirth said Friday at an energy conference in Austin, Texas. “Those have largely now played out, and we don’t have nearly the buffers in the system that we did when it began.”

It is hard to predict where oil prices will go, he added, but at the moment, it is difficult to envision prices coming back down quickly.

“I wish I could tell you that I saw some reason why things would ease, but it’s difficult right now to see that happen,” he said.

Veteran energy advisers say that with no resolution to the Iran war in sight, the situation risks spinning out of control. Diesel prices have soared to a record $6.23 a gallon, while gasoline prices, which slipped below $4 a gallon this summer, have rebounded to $4.32. Some energy analysts say they have been fielding investor questions about when consumers pinched by high prices will start pulling back on new purchases.

The Trump administration has repeatedly promised Americans that prices at the pump would decline and that energy flows out of the Middle East would keep increasing.

Interior Secretary Doug Burgum said at a Houston G-20 event on Monday that “the prices in the prior administration were this high anyway” and that Americans would have paid those prices permanently because former President Joe Biden was “pursuing a policy of energy subtraction and shutting down refineries.”

“If you want to write about the prices, make sure you include the word ‘temporary’ because this is a temporary disruption,” Burgum told reporters.

The White House sees two major measures it can take to help ease prices: boosting production in Venezuela and increasing U.S. fuel-making capacity.

In recent months, U.S. officials have focused on striking deals expected to bolster Venezuela’s oil production. In early September, they met with U.S. refining executives to discuss expanding the nation’s fuel-making capacity. A senior U.S. official said the administration is pleased with the progress made on both fronts.

Energy executives and White House officials say they have maintained a continuing dialogue about the energy situation since the conflict began. CEOs including Wirth speak frequently with Energy Secretary Chris Wright.

Wirth said Friday that he had not spoken with President Trump since August 3, when the president said in a Truth Social post that the CEO had not credited his administration for the oil industry’s good fortunes. Trump called on Chevron and other oil companies to bring “consumer (retail!) Oil Prices DOWN, NOW!”

Some CEOs and energy advisers say they have grown alarmed in recent weeks as the conflict has intensified, with ships and energy infrastructure being targeted by both sides.

“The advantage in most negotiations usually goes to the side that has time on their side, and is willing to be patient,” said Wil VanLoh, founder and CEO of Quantum Capital Group, during the Austin conference.

Iran, he said, “is willing to suffer. Their people have already suffered a lot for many decades.”

China is partly contributing to the global supply squeeze. For months, the world’s largest oil importer relied on its own crude stockpiles for nearly half of its daily consumption, providing some relief to oil markets. In recent weeks, however, it has resumed larger purchases from international suppliers, analysts said.

U.S. crude prices have jumped 19% during the past three weeks to trade near $101 a barrel as attacks in the Middle East multiply.

Iran has targeted oil tankers traveling through the Strait, even after Trump and his officials said several vessels had been escorted undetected through the waterway.

Houthi militants have recently launched attacks from Yemen against Saudi Arabian infrastructure and military sites. They also damaged the East-West pipeline, which extends from the Abqaiq oil field to Yanbu al-Bahr, a major Saudi port city on the Red Sea.

Trump has vowed to impose economic pressure on Iran and has ruled out sending ground troops. He has said he expects the war to last until the November midterm elections, but investors say they believe it will continue well beyond that point.

“That was the signal this is going to stretch on,” said Dan Pickering, founder of Pickering Energy Partners.

Diesel supplies are also tight because of refinery outages following conflicts in the Middle East and Russia. Demand for the fuel is expected to rise as farmers who use diesel-powered heavy equipment enter harvest season.

“Diesel has no easy solution,” Pickering said.

Trump has said Ukraine must halt strikes on Russia that endanger global diesel supplies.

In March, the CEOs of the three largest U.S. oil companies, ExxonMobil, Chevron and ConocoPhillips, warned Trump administration officials, including Burgum and Wright, that a prolonged closure of the Strait could lead to a shortage of refined products such as diesel.

Some executives have privately criticized Trump’s handling of the conflict.

At the conference Monday, Burgum rejected persistent speculation that the White House is seriously considering a temporary ban on U.S. exports of refined products such as diesel. He said the administration does not believe such a move would lower prices.

“We will do anything that helps the price at home,” Burgum said. “But we’re also going to be smart about it, and not just have some idea that if we stop exporting, that somehow magically is going to help the prices.”

I wonder how much more the company has had to pay compared with the price last year at this time just to keep adding fuel to the cell site and MTSO/CO generators from the numerous power outages. With them 'cutting' expenses, how many markets have they changed the weekly generator tests to monthly to 'save' on fuel from the weekly tests?

Didn't they years ago proudly 'boast' on the internal sites how much more energy efficient the buildings were becoming?

"I enjoyed speaking with Saurabh Kumar at ETGCCWorld about India’s growing relevance for ExxonMobil and the role Indian talent plays in our global strategy.

Over the last decade, India has become one of our most strategic locations worldwide.

Today, our capability hub in Bangalore delivers value across our global operations. The range of solutions we’re delivering from India is simply incredible!

From supporting the development of advanced catalysts for polymer manufacturing and modeling CO₂ storage, to creating AI tools for real-time spill detection and scaling the buildout of our energy equipment from India, our teams are driving impact at a truly global scale.

The depth of talent in India has enabled us to grow rapidly, but when combined with the country’s expanding capabilities and ambition, it creates a unique advantage.

Seeing our teams create meaningful impact around the world every day is deeply rewarding, and the alignment between our capabilities and India’s priorities has never been stronger.

Now is the most exciting time to be at ExxonMobil in India with lots more exciting times to come. Stay tuned!😊"
https://www.youtube.com/watch?v=LbycxF7zoO4

A group of energy companies is meeting at the White House tomorrow in and effort to develop a plan to lower gasoline prices.
I’m sure Go Go will be there because they’ll need someone to bring coffee and donuts to other executives.

Do we still need exploration? How much value has exploration created last 5yrs?

Oil major Shell has drawn interest from potential bidders, including ExxonMobil and LyondellBasell ​for its U.S. chemical assets that could fetch up ‌to $8 billion, the Financial Times reported on Monday.

https://energynow.com/2026/08/the-suitors-exxon-lyondell-among-suitors-for-shells-us-chemical-assets-could-fetch-8-billion/

Expand Energy, formerly Chesapeake Energy, announced its headquarters will move from Oklahoma City to Houston by mid-2026. This relocation primarily affects executive positions, with other employees remaining in Oklahoma City. The company's interim CEO stated the move will leverage Houston's global natural gas market access. This follows a trend of energy companies relocating their main offices out of Oklahoma. Expand Energy is the second major energy firm to announce a move to Texas this month.

Oklahoma City, Oklahoma

https://www.kosu.org/energy-environment/2026-02-10/expand-energy-formerly-chesapeake-to-move-its-headquarters-out-of-okc

Hypothetically if we started posting elsewhere, what would be the top 3 other companies you would want to work for? Asking for a friend.

lack of standalone refiners

Energy technology firm Baker Hughes is shutting down a Houston location. This closure will result in 174 employees losing their jobs. The layoffs are scheduled to commence this month and extend into 2027. Affected roles span manufacturing, engineering, materials, purchasing, and support functions. The company has not provided a specific reason for the facility's closure.

Houston, Texas

https://www.click2houston.com/news/local/2026/07/09/baker-hughes-to-close-houston-facility-lay-off-174-employees/

An analyst somewhere says that Phillips 66 is in the wrong peer group. The analyst says that because of Midstream and Chemicals our peers should be Exxon, Chevron and other similarly integrated energy companies. If we did that we’d be outperforming almost everyone.
If we do that why not just say that VLO and MPC are not our peers anymore. Just the smaller refiners.

First Marcellus, now, EF and Powder. That’s 12 billion in divestitures. Take that to the bank.

Still won’t help the share price.

Chinese doing it

https://africa.businessinsider.com/local/markets/ghana-bets-on-its-first-privately-owned-dollar198-billion-refinery-in-push-to-produce/q20pcky

ExxonMobil has publicly stated that domestic manufacturing is a central pillar of India’s Viksit Bharat 2047 vision, and the company has launched its own “Make in India” initiative to help realize that goal ExxonMobil+1.

Strategic Alignment with India’s Goals
India’s Viksit Bharat 2047 aims to transform the country into a self-reliant, globally competitive manufacturing hub. ExxonMobil sees strong synergies between its global energy infrastructure operations and India’s industrial ambitions, particularly in heavy engineering, shipbuilding, and specialized manufacturing ExxonMobil.

Current and Future Sourcing
Current scale: In the last two years, ExxonMobil affiliates have sourced USD 100 million worth of equipment from India ExxonMobil+1.

Future target: The company plans to scale sourcing to billions of dollars by the end of the decade ExxonMobil+1.

Focus areas:

Mega modules — large, pre-assembled units used in petrochemical plants and refineries.

Energy infrastructure equipment for LNG, refining, and chemical projects.

Shipbuilding synergies — both industries require heavy engineering, specialized suppliers, and complex logistics networks ExxonMobil+1.

Why India?
India offers:

A skilled workforce in engineering and fabrication.

Expanding connectivity (roads, ports, railways) to support large-scale manufacturing.

Resilient supply chains that can support complex, high-value projects ExxonMobil.

Impact
By leveraging India’s growing engineering and fabrication capabilities, ExxonMobil aims to:

Reduce reliance on foreign manufacturing for its global projects.

Support India’s industrial growth and energy security.

Create high-value jobs and technology transfer opportunities in the country ExxonMobil+1.

In short, ExxonMobil’s “Make in India” initiative is not just a corporate sourcing strategy — it’s a strategic investment in India’s manufacturing future, aligned with its national vision for 2047.

This new energy tailgate podcast has to be the most comical thing I have seen come out of this leadership team. It’s so bad and embarrassing as an employee.

Do we still need Exploration? Is EM still winning post Guyana?

Lessons learned from Hormuz conflict is that XOM needs secure LNG and Venture Global is the perfect fit. XOM was slow in January of 2026 where it could have bought it cheap…and most likely paid it off in short term

Lessons learned from Hormuz conflict is that XOM needs secure LNG and Venture Global is the perfect fit. XOM was slow in January of 2026 where it could have bought it cheap…and most likely paid it off in short term

Lessons learned from Hormuz conflict is that XOM needs secure LNG and Venture Global is the perfect fit. XOM was slow in January of 2026 where it could have bought it cheap…and most likely paid it off in short term

Who is on to explain the North Sea SALE includes 30% India resources?

On February 15, ExxonMobil announced that the company's Huizhou Daya Bay R&D Center officially started construction in the Huizhou Daya Bay Petrochemical Park.

The Daya Bay R&D Center is ExxonMobil's second R&D center in China after the Shanghai R&D Center. The new Daya Bay R&D Center will focus on R&D activities in the fields of novel chemistry, process development and process scale-up. The center is ExxonMobil's first comprehensive R&D center equipped with pilot equipment outside the North American headquarters. It integrates product R&D and process development. It is planned to be constructed in two phases, and the first phase is scheduled to be opened in 2025.

"The construction of the Daya Bay R&D Center will further meet the growing market and technology needs in the Asia-Pacific region," said Wan Lifan, chairman of ExxonMobil (China) Investment Co., Ltd., and the R&D center will bring dozens of high-level R&D jobs , to introduce high-level chemical talents for the local area, and further strengthen international technical exchanges and cooperation. ExxonMobil has established a good strategic partnership with Guangdong Province, which will provide strong support for Guangdong to build a world-class green petrochemical industrial cluster.

ExxonMobil stated that the company has safely completed the hoisting of large heavy equipment for the Huizhou ethylene project. At present, the construction of the main factory area of the first phase project is progressing smoothly, and the supporting projects and the main factory area are advancing as planned. The start of the Daya Bay R&D Center is another important milestone since the start of construction in 2020.

The ExxonMobil Huizhou Ethylene Project is the first major petrochemical project wholly-owned by an American company in China, with a total investment of over US$10 billion, and will be constructed in two phases. The first phase of the project will build a 1.6 million tons/year ethylene cracking unit, as well as mid-downstream high-end polyethylene, polypropylene and other production equipment and supporting facilities. The production of various high-end chemical products will help reduce the import of high-performance polymers in the Chinese market rely.

ExxonMobil said the Huizhou project will produce chemicals used in packaging, automotive, industrial and consumer goods, and hygiene and personal care products. The project adopts industry-leading technology to improve energy efficiency, which is in line with the development direction of China's national petrochemical industry and will help reduce the Chinese market's dependence on imports of high-performance polymers.

https://www.echemi.com/cms/1231239.html

Shell can’t drill it’s self to prosperity so it’s levers are buy Shell stock, offload marginal production, and try to buy a company with existing production. Shell needs a big move within the next 6 months.

How’s a Woodside and Shell marriage? Certainly satisfy the Asia market while reduced investment in the ME.

How’s Kosmos? Cheap and get instant gas to Europe

Any old timers know why EM is so reluctant to be a player in deepwater GOM?

Studies indicate that workers utilizing artificial intelligence are less likely to face layoffs. This trend contradicts widespread fears about AI displacing jobs. Only a small percentage of laid-off workers attribute their job loss directly to AI. West Virginia's workforce is considered less exposed to generative AI applications than the national average. The increased demand for energy from AI data centers presents economic opportunities for energy-producing states like West Virginia.

Clarksburg, West Virginia

https://www.wvnews.com/news/wvnews/studies-ai-skills-shield-workers-from-layoffs-west-virginia-itself-less-susceptible/article_0144aff5-075b-4955-b7ec-7d79fbd5ff30.html