Exxon Mobil Corp. (NYSE: XOM) Exxon Mobil Corp. and Chevron Corp. posted disappointing profits amid weak performances by their oil-refining and chemical businesses.
Europe’s unloved oil majors seem to finally be winning back investors by refocusing on their core business, yet the valuation gap with their dealmaking US peers remains stubbornly wide.
Exxon Mobil boss Darren Woods is poised to emulate his two predecessors with a career-defining mega deal that — for better or worse — would likely transform the oil giant.
Exxon Mobil Corp., which operates one of the world’s biggest oil-refining networks, is trying to be more responsive to changing consumer demands as the energy transition gathers pace.
Oil giant Exxon Mobil (NYSE: XOM) has held preliminary talks with Pioneer Natural Resources over a possible acquisition of the fracking company, the Wall Street Journal reported, citing people with knowledge of the matter.
Values – according to the rather twee maxim - are like lighthouses; they give direction, meaning and purpose.
Exxon Mobil failed to initially report a release of the super-potent greenhouse gas methane in the Permian Basin that occurred in early February, violating state rules.
Exxon Mobil Corp. reaped a record $59 billion annual profit but disappointed some investors by holding the line on share buybacks.
Which integrated gas companies produce the most emissions?
Plans to stop burning gas high in the sky above Mossmorran are little more than a public relations exercise, according to a community councillor living nearby.
Big Oil’s run of record profit will suffer only a minor dent for the third quarter, even as the global economy shows signs of cracking under the pressure of rising inflation and interest rates.
Exxon Mobil took the first step toward filing a lawsuit against Russia after Vladimir Putin blocked the oil major from exiting its only remaining operation in the country.
Nigerian President Muhammadu Buhari approved Seplat Energy's $1.28 billion purchase of Exxon Mobil’s shallow water business in the West African country, seemingly putting an end to efforts by the national oil company to block the deal.
Exxon Mobil and Chevron posted their highest-ever profits, reaping the rewards from surging commodity prices amid supply disruptions and rising demand.
Texas residents and businesses, including the biggest names in oil, autos and technology, are being asked to conserve electricity Monday afternoon during a heat wave that’s expected to push the state’s grid near its breaking point.
Activists from Greenpeace Nordic blocked a tanker moored in Norway, with the intention of preventing it from offloading Russian oil products at an Esso-owned terminal.
Several oil and gas firms have secured civil injunctions for their sites in a bid to curb a wave of protests aimed at terminals in England.
The North Sea Transition Authority (NSTA) has advised licensees of their “obligation to collaborate effectively” following an investigation into the sale of Esso’s stake in the Elgin-Franklin platform to NEO Energy.
Exxon Mobil signaled its highest profit since 2008 as Russia’s war in Ukraine upended global commodity markets.
A fire broke out at an Exxon Mobil refinery in Montana and was extinguished early Sunday, the company said, and the units involved have been shut while crews stabilize operations.
Oil giants should spend their billions of windfall profits on transition, not shareholder returns, according to the former CEO of Wood Group.
Exxon Mobil plans to cede its stake in a Russian oil development to Kremlin-controlled Rosneft PJSC and other partners as sanctions make it harder to operate in the country.
The world’s oil supermajors are pumping out cash as if crude was already trading at $100 a barrel.
Exxon Mobil Corp. will boost spending on new oil wells and other projects by as much as 45% after posting the biggest profit in almost eight years amid a broad rally in energy prices.
Exxon Mobil pledged to cut greenhouse-gas emissions 20% by 2030, marking its most ambitious emissions target to date but falling far short of the sweeping climate commitments from some of its biggest rivals.