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ExxonMobil

  • In the NewsOil & Gas

    Mozambique Emerges as LNG Powerhouse With $50 Billion Megaproject Revival

    by Oluwatosin Racheal Alabi February 26, 2026
    by Oluwatosin Racheal Alabi February 26, 2026

    KEY POINTS Mozambique is rapidly strengthening its position as one of Africa’s most important natural gas producers following the revival of massive liquefied natural gas, LNG, projects on the Afungi …

  • In the NewsOil & Gas

    ExxonMobil’s Canje Block Licence Nears Expiry as Guyana Opens Door for New Exploration

    by Oluwatosin Racheal Alabi February 25, 2026
    by Oluwatosin Racheal Alabi February 25, 2026

    The exploration licence held by ExxonMobil for the Canje offshore block is set to expire on March 4, 2026, according to officials from the Ministry of Natural Resources in Guyana, …

  • In the NewsOil & Gas

    ExxonMobil Ties Guyana Gas Investments to Faster Approvals, Stronger Regulatory System

    by Oluwatosin Racheal Alabi February 19, 2026
    by Oluwatosin Racheal Alabi February 19, 2026

    KEY POINTS A senior executive of ExxonMobil says the pace of future investment in Guyana’s natural gas sector will depend largely on how efficiently government bureaucracy functions and whether a …

  • In the NewsOil & Gas

    ExxonMobil Launches Third Plastic Recycling Unit at Baytown Refinery to Boost Global Sustainability Push

    by Oluwatosin Racheal Alabi February 16, 2026
    by Oluwatosin Racheal Alabi February 16, 2026

    KEY POINTS ExxonMobil has commissioned a third advanced plastics-recycling unit at its Baytown refinery complex, marking a major expansion of its waste-processing capabilities. The new unit increases the site’s ability …

  • In the NewsMarketsOil & Gas

    ExxonMobil Acquires FPSO ONE GUYANA from SBM Offshore for $2.32 Billion

    by Oluwatosin Racheal Alabi February 10, 2026
    by Oluwatosin Racheal Alabi February 10, 2026

    KEY POINTS SBM Offshore, a Netherlands-based deepwater ocean-infrastructure company, has sold its largest Guyana-operated floating production storage and offloading vessel (FPSO), FPSO ONE GUYANA, to ExxonMobil Guyana Ltd for US$2.32 …

  • In the NewsOil & Gas

    ExxonMobil Launches Appraisal Drilling in Guyana to Expand Oil and Gas Discoveries

    by Oluwatosin Racheal Alabi February 4, 2026
    by Oluwatosin Racheal Alabi February 4, 2026

    KEY POINTS US energy giant ExxonMobil has begun drilling an appraisal well offshore Guyana, aiming to evaluate the potential of a recent major oil and gas find in the Stabroek …

  • In the NewsMarketsOil & Gas

    ExxonMobil Posts $6.5bn Q4 Earnings as Full-Year Profit Falls to $28.8bn

    by Oluwatosin Racheal Alabi February 2, 2026
    by Oluwatosin Racheal Alabi February 2, 2026

    KEY POINTS ExxonMobil has reported earnings of $6.5 billion for the fourth quarter of 2025, bringing its full-year profit to $28.8 billion, according to the company’s latest financial statement. The …

  • In the NewsMarketsOil & Gas

    ExxonMobil Q4 Profit Falls 15% as Lower Oil Prices Weigh on Earnings

    by Ikeoluwa Juliana Ogungbangbe January 31, 2026
    by Ikeoluwa Juliana Ogungbangbe January 31, 2026

    KEY POINTS ExxonMobil has reported a decline in its fourth-quarter earnings, blaming weaker crude oil prices for offsetting gains recorded from higher production volumes. The US energy giant posted profits …

  • In the NewsOil & Gas

    ExxonMobil, Turkey’s State Oil Firm Strike Exploration Deal for Black Sea and Mediterranean

    by Oluwatosin Racheal Alabi January 9, 2026
    by Oluwatosin Racheal Alabi January 9, 2026

    KEY POINTS ExxonMobil and Turkey’s state-owned oil company, Turkish Petroleum, have signed a memorandum of understanding to work together to look into new oil and gas exploration and development opportunities …

  • In the NewsMarketsOil & Gas

    ExxonMobil Stock Hits 52-Week High as Energy Giant’s Strategy Pays Off

    by Oluwatosin Racheal Alabi December 30, 2025
    by Oluwatosin Racheal Alabi December 30, 2025

    KEY POINTS ExxonMobil Corp.’s stock closed at a new 52-week high on Monday, reaching $120.82 per share. The milestone caps a year in which the energy giant’s shares have climbed …

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