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Corporate week in brief: ExxonMobil looks at crude to petrochems in China
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Report summary
ExxonMobil has signed a framework agreement for a new petrochemical facility in China that is expected to include facilities to directly convert crude oil to olefins. The plant could capitalise on our expectation of growing petrochemicals demand through next decade and also leverage expanding supply from ExxonMobil’s Permian tight oil portfolio. Read more on this, and the following stories: • OMV enters Southeast Asia in US$0.8 billion deal • Chesapeake amends credit facility • Total ups exposure to Guyana exploration • Q2 hedging roundup
Table of contents
- Macro: oil prices, oil and gas shares
- Companies: ExxonMobil, OMV, Chesapeake
- Exploration: Total
- Recent research: Pioneer, Marathon
Tables and charts
This report includes 2 images and tables including:
- Equatorial margin - net offshore acreage by company (top 25)
- Data dashboard
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