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ExxonMobil

  • 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 …

  • In the NewsOil & Gas

    Chevron’s Long Stay Puts it at Centre of Venezuela Oil Stakes

    by Oluwatosin Racheal Alabi December 23, 2025
    by Oluwatosin Racheal Alabi December 23, 2025

    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 …

  • In the NewsOil & Gas

    ExxonMobil Extends Angola FPSO Contracts with SBM Offshore to 2032

    by Oluwatosin Racheal Alabi December 19, 2025
    by Oluwatosin Racheal Alabi December 19, 2025

    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 …

  • In the NewsOil & Gas

    DNO lines up Shell and ExxonMobil for North Sea Oil Sales

    by Oluwatosin Racheal Alabi December 18, 2025
    by Oluwatosin Racheal Alabi December 18, 2025

    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 …

  • In the NewsOil & Gas

    Exxon Mobil Names Neil Hansen as New CFO as Kathryn Mikells Retires for Health Reasons

    by Oluwatosin Racheal Alabi December 11, 2025
    by Oluwatosin Racheal Alabi December 11, 2025

    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 …

  • In the NewsOil & Gas

    ExxonMobil Begins Phased Shutdown of Ageing Jurong Cracker as Petrochemical Glut Deepens

    by Oluwatosin Racheal Alabi December 4, 2025
    by Oluwatosin Racheal Alabi December 4, 2025

    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 …

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