Q4 2024 Management View Darren Woods, Chairman and CEO, highlighted that Exxon Mobil achieved earnings of $34 billion in 2024 ...

XOM begins exploratory drilling offshore Cyprus at the Electra prospect. The region has shown promising results, as ...

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 ...

Contract includes topsides, subsea, water injection and utility chemicals for the Errea Wittu and Jaguar FPSOs, which are ...

Key projects include Yellowtail in Guyana, Proxxima resin production, and advanced recycling facilities. Exxon Mobil plans to increase production in Guyana and further optimize Permian Basin ...

Production in both the US Permian shale basin and Guyana reached a record high, with Guyana volumes recovering after ...

As the development of Cyprus gasfields gets closer, so the claims about their importance in supplying Europe’s gas needs get ...

ExxonMobil expects the project to be the world’s biggest low-carbon hydrogen production plant with a capacity of one billion cubic feet a day of hydrogen, as well as over one million metric tons ...

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

ExxonMobil's report didn't offer specific forward guidance. Elsewhere management has said its outlook includes extending the company's focus on lower-emission projects and technological innovations.