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ExxonMobil may need to suspend production at its Gravenchon refinery in northern France if striking workers continue to block access to the site, the oil major said on Tuesday. The refinery accounts for about 20% of France's refining capacity, the company's website showed. Blockades since Friday have prevented deliveries of goods and materials needed to maintain refinery operations, it said in an emailed statement.
(Bloomberg) -- Exxon Mobil Corp. took the first step toward its seventh oil project in Guyana, a clear signal the supermajor intends to expand crude output from the South American nation into the next decade.Most Read from BloombergYouTuber Dr Disrespect Was Allegedly Kicked Off Twitch for Messaging MinorNvidia Rout Takes Breather as Traders Scour Charts for SupportTrump Could Actually Lose Florida. Here’s Why.BuzzFeed Struggles to Sell Owner of Hit YouTube Show ‘Hot Ones’Paul Singer Is Pitching
Exxon in November announced plans to produce lithium from pumped out brine in Arkansas, from regions considered to hold significant deposits of the metal. SK On, a unit of SK Innovation, intends to use the lithium for making EV batteries in the U.S.