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 …
ExxonMobil
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In the NewsMarketsOil & Gas
ExxonMobil Posts $6.5bn Q4 Earnings as Full-Year Profit Falls to $28.8bn
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 …
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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 …
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In the NewsOil & Gas
ExxonMobil, Turkey’s State Oil Firm Strike Exploration Deal for Black Sea and Mediterranean
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 …
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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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KEY POINTS The decision by Chevron to remain in Venezuela through years of political turmoil, sanctions and economic collapse is now placing the US oil major at the centre of …
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KEY POINTS ExxonMobil has agreed to extend the lease and operating contracts for two floating production storage and offloading vessels operated by SBM Offshore off the coast of Angola, securing …
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KEY POINTS Norwegian oil and gas producer DNO has struck new oil offtake agreements with subsidiaries of Shell and ExxonMobil, securing long-term buyers for its North Sea output and unlocking …
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In the NewsOil & Gas
Exxon Mobil Names Neil Hansen as New CFO as Kathryn Mikells Retires for Health Reasons
KEY POINTS Exxon Mobil has announced a leadership change at the very top of its financial operations, confirming that Kathryn Mikells, the company’s senior vice-president and chief financial officer, will …
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In the NewsOil & Gas
ExxonMobil Begins Phased Shutdown of Ageing Jurong Cracker as Petrochemical Glut Deepens
KEY POINTS ExxonMobil has begun winding down its oldest steam cracker on Singapore’s Jurong Island, marking a significant shift in the company’s Asian petrochemicals strategy at a time of persistent …