financetom
Business
financetom
/
Business
/
Exxon could invest as much as $21.7 billion if it finds oil, gas in Trinidad, energy minister says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Exxon could invest as much as $21.7 billion if it finds oil, gas in Trinidad, energy minister says
Aug 12, 2025 12:32 PM

(Reuters) -Exxon Mobil could invest as much as $21.7 billion in Trinidad and Tobago if the energy major finds reserves in a large deepwater area it plans to explore for oil and gas in the Caribbean country, energy minister Roodal Moonilal said.

The official spoke on Tuesday at an event in Port of Spain to sign a production sharing contract with the company that will mark its return to the country.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
LG Energy Solution Q1 profit soars 138% as weak currency offsets EV slowdown
LG Energy Solution Q1 profit soars 138% as weak currency offsets EV slowdown
May 25, 2025
SEOUL, April 30 (Reuters) - South Korean battery maker LG Energy Solution (LGES) on Wednesday posted a 138% rise in first-quarter profit, as favourable foreign exchange rates helped cushion the impact of slowing electric vehicle sales growth in major overseas markets. LGES, whose customers include Tesla, General Motors ( GM ) and Hyundai Motor ( HYMTF ), reported operating profit...
Malaysia's Petronas and Commonwealth LNG in talks for term supply, say sources
Malaysia's Petronas and Commonwealth LNG in talks for term supply, say sources
May 25, 2025
(Reuters) -Malaysian state-owned oil and gas firm Petroliam Nasional, or Petronas, is in talks with Commonwealth LNG to buy liquefied natural gas from the U.S. company's facility in Cameron, Louisiana, according to four trading and industry sources with knowledge of the matter. Petronas is in talks to buy at least one million metric tons per annum (mtpa) of LNG from...
Star Entertainment swings to third-quarter loss as storms, weak demand hit casinos
Star Entertainment swings to third-quarter loss as storms, weak demand hit casinos
May 25, 2025
(Reuters) -Star Entertainment said on Wednesday it swung to an operating loss in the third quarter, as seasonal weakness, dwindling casino visitors and Queensland property closures from March storms battered the troubled Australian gambling operator. For the quarter ended March 31, the company reported a loss in earnings before interest, taxes, depreciation, and amortization of A$21 million ($13.41 million), before...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved