Exxon Mobil

KEY POINTS In a move that could transform the North African country’s energy landscape and increase its export power, Algeria is nearing agreements with Exxon Mobil Corp. and Chevron Corp. …

U.S. oil giants Exxon, Chevron, and ConocoPhillips disclosed they paid over $42 billion to foreign governments in 2023, significantly more than what they paid in the U.S., according to new …

US oil and gas mergers hit $30 billion in Q2 2024, with major deals like ConocoPhillips’ bid for Marathon Oil driving significant industry activity and consolidation.

The U.S. Department of Energy finalizes a contract to purchase 4.65 million barrels of crude oil for the Strategic Petroleum Reserve, reinforcing national energy security.

Exxon Mobil Corp. (XOM) lowered profit expectations for the second quarter of 2024, citing lower refining margins and natural gas prices. The company expects earnings per share to be between …

The US Senate Budget Committee is investigating domestic oil producers for potential illegal coordination of oil prices with OPEC, raising concerns about market manipulation.

A Texas judge dismissed a lawsuit by Exxon Mobil against activist investor Arjuna Capital after the group agreed to withdraw a proposal on greenhouse gas emissions. The dismissal raises concerns …

The United States’ oil refining capacity edged up for the second consecutive year, reaching 18.38 million barrels per day (bpd) in 2024. This increase is primarily driven by expansions at …

In a move that could signal a significant shift for Big Oil, Exxon Mobil faces mounting pressure from investors unhappy with the company’s handling of climate change activism. This investor …

Nigeria is on the brink of finalizing a significant deal that could see the sale of Exxon Mobil’s oil assets to indigenous oil firm Seplat Petroleum Development Company Plc. The …