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.
The executive who led Engine No. 1’s campaign to overhaul the board of Exxon Mobil is leaving the firm.
The first ever US congressional dressing down of oil bosses for alleged climate-change subterfuge devolved into a fractious spat over environmental racism, electric-car subsidies and fat pay packages.
The Western world’s biggest oil companies likely just generated more cash than at any time since the Great Recession, and investors are about to find out what they’ll do with it.
Exxon Mobil has lost out in a High Court battle against Apache with “far reaching implications” for North Sea decommissioning.
Exxon Mobil snapped a record streak of losses as rising oil and natural gas prices bolstered one of the biggest dividends in the S&P 500 Index.
New York City sued three major oil companies for allegedly running deceptive ads claiming their products are “cleaner” and “emissions-reducing” while failing to disclose their harmful effects on the climate.
Exxon Mobil Corp. proposed a giant, $100 billion hub to capture carbon dioxide emissions along the U.S. Gulf Coast in Texas but warned that government funding would be required to pay for and develop it.
Exxon Mobil said proposals put forth by an activist investor pushing for changes at the oil giant threaten future cash flows and the sustainability of its dividend.
Exxon Mobil Corp. expects to cut about 300 jobs in the Asian oil-trading hub of Singapore by the end of 2021, part of a global retrenchment that was announced last year.
Exxon Mobil appointed activist investor Jeff Ubben and former Comcast Corp. executive Michael Angelakis to its board following investor criticism of the oil giant for its environmental record and poor financial performance.