10:28 AM EDT, 10/30/2025 (MT Newswires) -- Exxon Mobil ( XOM ) is in talks with senior officials in Kazakhstan on the potential expansion of the Central Asian nation's Kashagan oil field, Bloomberg said Thursday, citing people familiar the matter.

The discussions are tied to other negotiations, including talks on the extension of the license for the Tengiz field, in which Exxon has a minority stake, the report said.

There is no certainty that the discussions will result in a deal, the report said.

Exxon is a major partner in Kashagan, alongside Eni (E), Shell (SHEL), Total Energies (TTE) and KazMunayGas, the report said.

Exxon Mobil ( XOM ) did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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