XOM is ramping up oil production in Guyana. It aims to reach 2.3 million barrels per day by 2030 as it taps into 40 ...
The energy transition brought on by climate change has not been clearly associated with ExxonMobil XOM until the last couple of years. BP has invested heavily in renewable energies, and Occidental ...
ExxonMobil, in partnership with Qatar Energy, has commenced exploratory drilling for natural gas off the coast of Cyprus, indicating Europe's diversification efforts, reported Reuters, citing ...
and Diamondback Energy have far higher financial debt-to-equity leverage ratios than ExxonMobil and Chevron -- showcasing how the capital structure of these E&Ps is more dependent on debt.
and less on less profitable “green” ventures that provide opportunities for virtue signaling related to the energy transition. Since that time, BP peer companies like ExxonMobil, Chevron ...