Exxon Mobil Corporation XOM is reinforcing its dominance in the Guyana offshore oil sector, with an objective to reach 2.3 million barrels per day (bpd) of production by 2030. The U.S. energy major ...

However, total revenue for the quarter was $83.4 billion, falling short of the anticipated $86.33 billion. Free cash flow of ...

That investment will grow output from its highest-margin assets, which will increase its earnings and free cash flow. Exxon also plans to deliver a cumulative $18 billion in cost savings by the end of ...

In December, ExxonMobil updated its corporate plan, including new cost savings targets, earnings and cash-flow expectations, ...

Exxon Mobil is building a natural gas power plant and implementing carbon capture technology to power AI data centers.

Chevron (CVX), and Shell (SHEL) are betting that part of their future lies in supplying the energy needed for America’s ...

A man arrested in London in April and charged with hacking claimed that the scheme happened under the orders of Exxon and its ...

"Despite the 'energy emergency' claims, the US is producing energy in record quantities," JPMorgan Asset Management wrote.

Big Oil executives this week saw little prospect of a near-term improvement in refinery profits after Chevron , Exxon Mobil ...

ExxonMobil, in partnership with Qatar Energy, has commenced exploratory drilling for natural gas off the coast of Cyprus, ...

The multi-year contract includes topsides, subsea, water injection and utility chemicals for the Errea Wittu and Jaguar FPSOs ...

Long regarded as a tool to boost the efficiency of oil production, carbon capture primarily entails capturing carbon dioxide ...