Big Oil probably won’t be buying up the Permian Basin’s struggling independent drillers any time soon.
North-west Europe is experiencing a renaissance in high-impact exploration, a new report said.
The nation's two largest oil companies said Tuesday they plan to significantly hike their activity in West Texas' Permian Basin and dominate the region, spending even more money while others cut back.
Royal Dutch Shell is in negotiations to buy Endeavor Energy Resources LP for about $8 billion, according to people familiar with the matter, or roughly half as much as the Texas oil producer was expected to fetch when it put itself on the block this year.
US oil companies Exxon Mobil Corp., Chevron Corp. and Occidental Petroleum Corp. will join an oil industry climate-change group led by their European rivals, after refusing to do so for years.
Operations have commenced this week at ExxonMobil’s new 1.5 million ton-per-year ethane cracker at the company’s integrated Baytown chemical and refining complex.
Exxon Mobil, Royal Dutch Shell, BP and more of the world's largest energy companies are pledging to reduce their methane emissions, acknowledging publicly that global warming is a major problem worldwide.
Exxon Mobil Corp. says the existential threat to oil producers from electric cars is overblown.
Exxon Mobil Corp. spent the last 40 years undermining public concern over climate change, even as its own scientists determined man-made global warming was real and a serious threat, according to Harvard University researchers writing in a peer-reviewed journal.
A leading university and a oil supermajor have renewed efforts to try to work out how to turn biomass into motor fuel.
ExxonMobil (NYSE:XOM) employees donated more than $50 million to hundreds of higher education institutions across the US last year.
BP Plc’s shares surged the most this year after a London newspaper reported on rumors that Exxon Mobil Corp. sounded out major shareholders over a potential takeover.
Exxon Mobil Corp. announced a $20 billion building spree in the heart of the U.S. chemical and refining industry, a program it said would create 45,000 jobs. President Donald Trump quickly tweeted his support, calling the oil producer a "special company."
ExxonMobil (NYSE:XOM) is positioned to succeed in "any price environment", according to its chief executive.
Exxon Mobil Corp. is pinning its fortunes closer to home as new CEO Darren Woods veers from the oil titan’s longtime focus on Asian and African riches.
A UK pension giant is shifting around 10% of its total investments into a new fund to shield investors from the impact of climate change.
American multinational ExxonMobil has received consent to extend the asset lifetime of the Sigyn field.
Exxon Mobil Corp. disclosed the deepest reserves cut in its modern history as prolonged routs in oil and natural gas markets erased the value of a $16 billion oil-sands investment and other North American assets.
ExxonMobil harnessed a record amount of computing power while running its latest complex oil and gas reservoir simulation models.
Crude prices may have stabilized, but it’s still not a great time to be Big Oil.
Two American oil giants have announced changes at the top.
The Canadian government says it won’t grant extensions to exploration licenses for Exxon Mobil Corp., BP Plc and other oil firms as it prepares for consultations over the impact of an Arctic drilling moratorium.
Rex Tillerson, former Exxon Mobil Corp. chief executive and President-elect Donald Trump’s pick for U.S. secretary of state, will relinquish control of about $240 million in company shares if confirmed as he severs ties to comply with conflict-of-interest requirements.
Exxon Mobil Corp. plans to formally approve investing in the 1.4-billion barrel Liza oil discovery off the coast of Guyana by the end of 2017.