Engine No. 1, the hedge fund that bested ExxonMobil in a fight over its approach to climate change, is teaming up with the supermajor’s rival Chevron to build fossil fuel plants to meet soaring ...
Activist investor Engine No.1 is now teaming up with Chevron to build natural gas-fired power plants to meet soaring ...
Baker Hughes Company announced transactions and partnerships at its 2025 Annual Meeting, including a contract with ExxonMobil and a partnership with Hanwha.
The venture comes four years after Engine No. 1 launched one of Wall Street’s most audacious proxy wars against Exxon, arguing that the oil major faced an “existential business risk” by ...
ExxonMobil is a major integrated energy company, principally engaged in the exploration and production of crude oil and natural gas, as well as the transportation and marketing of petroleum products.
The oil company plans to build natural gas power plants that will be directly connected to data centers used by technology ...
Exxon’s full-year refining earnings dropped to $4 billion from $12.1 billion in 2023, according to a statement Friday. As for Chevron, its global fleet of plants earned just $1.7 billion last ...
HOUSTON (Reuters) -Exxon Mobil on Friday posted mixed fourth-quarter results that showed weakness in its refining and chemicals business, though it beat Wall Street's profit estimate with higher oil ...