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Energy Secretary Chris Wright authorized the exchange "to help maintain stable regional supply of transportation fuels across Louisiana and the broader Gulf Coast," the department said. It added that ...
Exxon Mobil stock is rallying as oil prices post their strongest weekly gain since 2022. Escalating Middle East tensions threaten global supply, boosting prospects for major energy producers.
XOM signs new deal with SOCAR to explore Azerbaijan's untapped onshore oil, eyeing unconventional reserves for growth.
XOM aims to cut its oil breakeven to $35 by 2027 and $30 by 2030, boosting resilience even in low-price markets.
Business Profits at American oil giants Exxon Mobil and Chevron fall in tandem with waning energy demand This is the sign on a Exxon gas station in Pittsburgh on Wednesday, Oct. 9, 2024.
'This agreement strengthens our long-standing partnership with Indian Oil and is a testament to the dynamic and robust energy ties between the UAE and India', ADNOC Gas CEO Fatema Al Nuaimi said.
Exxon Mobil Corp.’s stock fell 1.4% Wednesday, after the oil giant said lower oil prices and pressure on refining margins would weigh on fourth-quarter earnings.
Mobil 1 motor oil is celebrating its 50th year. The oil has been created at ExxonMobil's Beaumont Lubricants Plant since 1974, and the facility still is the largest producer of Mobil 1 in the world.
Exxon Mobil's venture in Guyana reportedly resulted in a $6.33 billion profit and 56% net margin for the partners, exceeding NVIDIA's. More production vessels expected.
Exxon Mobil's breakeven oil price is well below the current price, and every dollar adds about $0.21 to its bottom line. Here's why XOM stock is rated a buy.
The Pegasus Guidelines give financiers a methodology to report the sustainability credentials of their aviation investments.
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