ExxonMobil

KEY POINTS ExxonMobil expects higher refining margins to significantly increase its downstream earnings in the third quarter of 2026, with the oil major signalling a potential $4.5 billion improvement compared …

ExxonMobil signaled that higher refining margins could boost its third-quarter downstream profit by $4.5 billion, even as lower oil prices cut upstream earnings by $1.3 billion.

KEY POINTS ExxonMobil is seeking to unlock more value from Nigeria’s deepwater oil and gas resources through advanced technology, integrated workflows and stronger collaboration across the industry. The American energy …

KEY POINTS Angola has announced a new oil discovery in the country’s mature offshore Block 15, raising hopes of additional production from an area that has already delivered billions of …

KEY POINTS ExxonMobil is set to take over operatorship of the Papua LNG project in Papua New Guinea from TotalEnergies as part of a broader restructuring aimed at streamlining the …

Trump’s deal for US access to a fifth of Venezuela’s oil reserves is raising red flags for some producers wary of a businessman’s role, sources say.

ExxonMobil has commenced a major investment in science, technology, engineering and mathematics (STEM) education in Guyana, with the launch of a programme designed to strengthen the country’s future workforce. The …

Shell has drawn potential bidders, including ExxonMobil and LyondellBasell, for its US chemical assets, which could fetch up to $8 billion, the FT says.

KEY POINTS A new fleet of diesel-electric offshore support tugs is being developed to strengthen marine support for ExxonMobil’s expanding oil production and export operations in Guyana’s prolific Stabroek Block. …

KEY POINTS ExxonMobil’s Nigerian affiliate, Esso Exploration and Production Nigeria (Offshore East) Limited, has commenced a major new phase of development at the Usan oil field with the arrival of …