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(CHARTPOPPERS.COM, December 08, 2009 ) Point Roberts, WA - Chartpoppers.com announces an investment report featuring company Exxon Mobile Corp. (NYSE:XOM)
The Consolidated Investment Analysis on Exxon Mobile Corp. (NYSE: XOM) will be in particular interest to other companys in the Oil and Gas sector, such as Chevron Corp. (NYSE: CVX), Royal Ductch Shell plc.(NYSE: RDS.A) and BP plc (NYSE: BP)
Exxon Mobil Corporation engages in the exploration, production, transportation, and sale of crude oil and natural gas. The company also engages in the manufacture of petroleum products, and transportation and sale of crude oil, natural gas, and petroleum products. It manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and other specialty products
Recent News on Exxon Mobile Corp. (NYSE:XOM)
U.S. energy firm ExxonMobil Corp (XOM.N) has finalised a gas sales contract with Japan's Tokyo Electric Power (9501.T) for its project in Papua New Guinea, putting the $15 billion development on track for approval on Tuesday.
TEPCO, Japan's largest utility, has entered a binding agreement with project partners for the purchase of 1.8 million tonnes per year (mtpy) of liquefied natural gas (LNG) for a period of 20 years, Exxon said in a statement.
The contracted volume includes the plant's recently expanded output of 0.3 mtpy, which means all of the project's 6.6 mtpy capacity has now been contracted, project partner Oil Search (OSH.AX) said in a separate statement.
Exxon and partners have not yet finalised two other gas sale agreements with Taiwan's CPC Corp and Japan's Osaka Gas Ltd 9532. ahead of a self-imposed deadline of Dec. 8 for the project's final investment decision.
However, a government official told Reuters that the project will still be approved by project partners on Tuesday.
"The government and partners will be sanctioning the project in an official signing ceremony on Tuesday morning," said a Papua New Guinea government official who requested annoymity because he was not authorised to disclose the information ahead of the official release.
He said the government is set to sign off on the project's 10 development licenses and to reach a revenue sharing agreement with landowners for the Hides gas field by Monday evening.
Exxon could not immediately be reached for comment.
To view the Consolidated Investment Analysis on Exxon Mobile Corp. (NYSE: XOM) Please visit the stock pulse page at www.chartpoppers.com/stock%20pulse/
In the report chartpoppers.com covers a recent Financial Summary, Analyst Consensus, Technical Analysis, Comparative Analysis and Insider Trading Activity.
The full report is available at www.chartpoppers.com
Chartpoppers.com is a market research and investment commentary provider. Chartpoppers.com aims to bring undervalued, up and coming companies into the sight of both experienced and non-experienced investors. We try to help investors, at whatever stage in their careers, to get a grasp on the necessary financial data that they need in order to make a educated investment decision. From our daily trading ideas to a in depth coverage of whatÂ’s going on in the markets, we are sure that chartpoppers.com is exactly what you need in order succeed.
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Chartpoppers.com Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. ChartPoppers.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
CHARTPOPPERS.COM
Paul Marek
6047245332
info@chartpoppers.com
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