It has been reported that Exxon Mobil Corporation (NYSE:XOM) is in talks with the state energy company in Turkey.

Exxon Mobil Corporation To Make Turkey Deal?

The US based oil giant Exxon Mobil Corporation (NYSE:XOM) is holding talks with state energy company TPAO on searching for shale gas in Turkey.

TPAO Chief Executive Mehmet Uysal said, “We have carried out our studies. We have big shale gas potential. This attracts a lot of foreign firms, Exxon Mobil Corporation (NYSE:XOM) in particular. They are currently considering the potential in Trakya (western Turkey) and they’re going to make up their mind whether or not to become partners with us.”

Exxon Mobil Corp. (NYSE:XOM) shares are currently standing at 85.55.

Price History
Last Price: 85.55
52 Week Low / High: 67.03 / 88.13
50 Day Moving Average: 85.74
6 Month Price Change %: 19.1%
12 Month Price Change %: 4.2%

Exxon Mobil Corporation (NYSE:XOM) has plans to expand investment in the Kurdistan region.

Exxon Mobil Corporation Planning Major Kurdistan Investment

The oil major Exxon Mobil Corporation (NYSE:XOM) plans to invest in Kurdistan to explore oil in the region.

The company has signed an agreement with KRG and it will explore six oil fields in the area. The agreement extends to 25 years.

Exxon Mobil Corporation (NYSE:XOM)’s annual report states, “Exploration and production activities in the Kurdistan Region of Iraq are governed by production sharing contracts negotiated with the Kurdistan Regional Government in 2011. The exploration term is for five years with the possibility of a two-year extension. The production period is 20 years with the right to extend for five years”.

Exxon Mobil Corp. (NYSE:XOM) shares are currently standing at 87.01.

Price History
Last Price: 87.01
52 Week Low / High: 67.03 / 88.13
50 Day Moving Average: 85.56
6 Month Price Change %: 19.7%
12 Month Price Change %: 0.6%

Exxon Mobil Corporation (NYSE:XOM) has announced a grant for Global Health Corps for young African professionals.

Exxon Mobil Corporation Offering Health Grant

The US based oil giant Exxon Mobil Corporation (NYSE:XOM) has announced a $250,000 grant to the Global Health Corps, allowing the program to expand opportunities for young African professionals.

The grant will support eight fellows from Africa committed to making a difference in global health.

Suzanne McCarron, president, ExxonMobil Corporation (NYSE:XOM) Foundation said, “Programs like this are invaluable in building health care capacity in countries struggling to deal with numerous challenges, including the plight of malaria. We are committed to doing our part to fight malaria and empower young professionals to make a difference in global health today and in the years to come.”

Exxon Mobil Corp. (NYSE:XOM) shares were at 87.02 at the end of the last day’s trading. There’s been a 16.6% movement in the stock price over the past 3 months.

Exxon Mobil Corp. (NYSE:XOM) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: 2.25
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 2.13
Zack’s Rank: 4 out of 18 in the industry

Exxon Mobil Corporation (NYSE:XOM) has donated $1 million to continue efforts to fight malaria in Africa.

Exxon Mobil Corporation (NYSE:XOM) Makes Big Malaria Commitment

The philanthropic arm of the US based oil giant Exxon Mobil Corporation (NYSE:XOM) has awarded $1 million to ‘Malaria No More’ organization to expand its successful malaria education and advocacy programs in Chad and Cameroon.

Suzanne McCarron, president, ExxonMobil Corporation (NYSE:XOM) Foundation said, “ExxonMobil Foundation is proud to partner with Malaria No More on its lifesaving work in Africa. This is a powerful example of an innovative program engaging national heroes to make a real difference in the fight against malaria.”

Exxon Mobil Corp. (NYSE:XOM) company shares are currently standing at 86.34.

Price History
Last Price: 86.34
52 Week Low / High: 67.03 / 88.23
50 Day Moving Average: 83.12
6 Month Price Change %: 22.2%
12 Month Price Change %: 3.0%

Exxon Mobil Corporation (NYSE:XOM) has awarded MazeFlo sand control screen license for Weatherford.

Exxon Mobil Corporation (NYSE:XOM) Gives Screen License

The Upstream Research unit of the oil giant Exxon Mobil Corporation (NYSE:XOM) has awarded Weatherford International Ltd. the first global license for the company’s MazeFlo sand control screens for oil wells.

Sara N. Ortwein, president of Exxon Mobil Corporation (NYSE:XOM)’s Upstream Research Company said, “MazeFlo is one of several openhole sand control completion technologies developed by ExxonMobil during the past few years to address reliability issues in high-cost production wells. Reliability is very important in deepwater and remote fields where the resource has been developed with high volume wells.”

Exxon Mobil Corp. (NYSE:XOM) shares were at 85.75 at the end of the last day’s trading. There’s been a 8.2% movement in the stock price over the past 3 months.

Exxon Mobil Corp. (NYSE:XOM) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: 2.25
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 2.2
Zack’s Rank: 4 out of 19 in the industry

Exxon Mobil Corporation (NYSE:XOM) has named Hunter Farris as the chairman of its Malaysian unit.

Exxon Mobil Corporation (NYSE:XOM) Names New Unit Head

The oil and gas company Exxon Mobil Corporation (NYSE:XOM) has announced the appointment of J. Hunter Farris as the chairman of its Malaysian subsidiaries.

Farris has been working in the company for more than 10 years and he has held various roles. He was previously the deputy production manager for its Exploration and Production unit.

Farris is replacing Hugh W.A. Thompson who has been appointed as the vice president at Exxon Mobile Production Co. for Asia-Pacific region.

Exxon Mobil Corporation (NYSE:XOM) announced that Thompson will continue in his current roles till the executive changes come into effect by April.

Exxon Mobil Corp. (NYSE:XOM) stocks are currently standing at 84.92.

Price History
Last Price: 84.92
52 Week Low / High: 67.03 / 88.23
50 Day Moving Average: 82.93
6 Month Price Change %: 13.5%
12 Month Price Change %: 1.8%

Exxon Mobil Corporation (NYSE:XOM) has decided to increase oil production at the Cepu block on Java Island.

Exxon Mobil Corporation (NYSE:XOM) Boosting Oil Production

After more than a year of tough discussions, the US based oil giant Exxon Mobil Corporation (NYSE:XOM) has agreed to ramp up oil production at the Cepu block, bordering Central Java and East Java, from the current rate of 22,000 barrels per day (bpd) to 27,000 bpd.

According to Exxon Mobil Corporation (NYSE:XOM), “the company had accepted the government’s request to increase output to help the country achieve a national production target of 950,000 bpd in 2012.”

Exxon Mobil Corp. (NYSE:XOM) company shares are currently standing at 83.53.

Price History
Last Price: 83.53
52 Week Low / High: 67.03 / 88.23
50 Day Moving Average: 82.65
6 Month Price Change %: 8.0%
12 Month Price Change %: 0.1%

Exxon Mobil Corporation (NYSE:XOM) has awarded a license for a steam injection system and production method.

Exxon Mobil Corporation (NYSE:XOM) Awards Injection System License

The US based oil giant Exxon Mobil Corporation (NYSE:XOM) has awarded the first license for its patented steam injection system and production method to Baker Hughes to improve the efficiency of in-situ oil sands projects.

Sara Ortwein, ExxonMobil Corporation (NYSE:XOM)’s Upstream Research Company president said, “We have demonstrated that our technology can improve the economics and the environmental performance of oil sands projects. This is one of several significant technologies we have developed over the past five decades for improving oil sands production.”

Exxon Mobil Corp. (NYSE:XOM) shares were at 83.97 at the end of the last day’s trading. There’s been a 10.3% change in the stock price over the past 3 months.

Exxon Mobil Corp. (NYSE:XOM) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: 2.13
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 2.2
Zack’s Rank: 3 out of 19 in the industry