HOUSTON, Jan 31 (Reuters) - Exxon Mobil (XOM.N), opens new tab on Friday posted mixed fourth-quarter results that showed weakness in its refining and chemicals business, though it beat Wall Street ...
The annual profits of Exxon Mobil and Chevron fell in 2024, as anemic natural-gas prices and narrowed refining margins took a toll. Despite the weaker results, the companies reported Friday that ...
ExxonMobil surpassed earnings expectations, but revenue fell short, highlighting the fourth quarter's achievements and challenges. ExxonMobil is a major integrated energy company, principally ...
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and which has led ExxonMobil to become one of the largest recyclers of plastics in the United States. The company has invested billions in a second recycling unit at its Baytown Refinery in Texas ...
Spring-based Exxon has a major presence in both Baytown and Beaumont. The energy giant started up production from the expansion at its refinery in Beaumont in 2023, following a $2 billion project ...
Exxon Mobil Corporation XOM has projected a sharp ... Weak demand for gasoline and diesel, combined with new refinery operations in Asia and Africa, has created excess supply, exacerbating margin ...
Fewer than 6% of plastics are recycled in the United States. The California lawsuit says 92% of the plastics “recycled” by ExxonMobil at its Baytown, Texas, refinery become fuel. And plastics produced ...
ExxonMobil has signed an MoU with the Indonesian government to explore investment in a petrochemical complex in Indonesia with potential nearby CO2 storage opportunities. ExxonMobil has signed a ...