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, compared to ExxonMobil’s 8.3% annual free cash flow decrease, Chevron performed better at a 7.3% drop. Nonetheless, ...

ExxonMobil (NYSE: XOM) is a powerhouse in the oil patch. The oil giant delivered an industry-leading financial performance ...

Stocks on Wall Street surrendered early gains and closed broadly lower after the White House said President Donald Trump ...

Drilling activity surged in the last week of January, led in large part by activity in the Permian Basin. Oilfield services firm Baker Hughes said Friday its weekly U.S. rig count rose six rigs to 582 ...

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

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Since 2019, the operator achieved $12.1 billion of cumulative Structural Cost Savings, including $2.4 billion of savings ...

Exxon Mobil on Friday beat Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset lower oil ...