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, total revenue for the quarter was $83.4 billion, falling short of the anticipated $86.33 billion. Free cash flow of ...

Passive investors looking to take on a more contrarian position in the new year may wish to consider some of the sectors that ...

That investment will grow output from its highest-margin assets, which will increase its earnings and free cash flow. Exxon also plans to deliver a cumulative $18 billion in cost savings by the end of ...

In December, ExxonMobil updated its corporate plan, including new cost savings targets, earnings and cash-flow expectations, ...

Exxon Mobil is building a natural gas power plant and implementing carbon capture technology to power AI data centers.

Chevron (CVX), and Shell (SHEL) are betting that part of their future lies in supplying the energy needed for America’s ...

A man arrested in London in April and charged with hacking claimed that the scheme happened under the orders of Exxon and its ...

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

ExxonMobil, in partnership with Qatar Energy, has commenced exploratory drilling for natural gas off the coast of Cyprus, ...

Shares of energy companies fell after mixed earnings and amid fears of universal tariffs. The annual profits of Exxon Mobil and Chevron fell in 2024, as anemic natural-gas prices and narrowed refining ...

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