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

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 ...

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

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

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 ...

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

The Permian Basin, Guyana, Kazakhstan, and large LNG projects are driving future cash flow growth for the oil majors.

ExxonMobil had previously announced that its ... focused on working in collaboration to develop joint infrastructure projects, per Reuters. These efforts may lead to the formation of an energy ...

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.

Exxon Mobil Corp. beat earnings estimates as strong production growth cushioned the drop in oil prices and refining margins, ...

Trammo Inc. and ExxonMobil Corp. have signed a heads of agreement (HOA) to advance discussions for Trammo’s long-term offtake of 300,000 metric tpy–500,000 metric tpy of low-carbon ammonia from ...