Exxon

Big oil stages a grand comeback as Exxon's valuation passes Tesla

For its part, Exxon's equity value has been steadily climbing since hitting a two-decade low in early 2020, when the outset of the Covid-19 pandemic sent crude prices into a tailspin

US oil giants Exxon, Chevron post blowout earnings, ramp up buybacks

High prices, margins lift majors to best quarters in history; Exxon earnings surpass previous record set in 2012

Biden chides Exxon, oil firms for profits as US faces record inflation

US President Joe Biden has pointed out oil firms who are making stellar profits amid severe inflation which has gripped the entire world

ExxonMobil flags biggest profit in 13 years due to surging oil prices

Exxon said Monday that first-quarter results may have been as much as $2 billion higher than earnings during the final three months of 2021

Ukraine crisis: Boeing, Apple and Exxon make a retreat from Russia

US tech giant Apple said it had stopped sales of iPhones and other products in Russia

Exxon faces new pressure over dealings with Russia's Rosneft

Russia's attack on Ukraine has unleashed broad economic and political rebukes and corporate withdrawals by banks, technology and other firms unprecedented in their extent.

Iraq's $27 bn deal with France's Total stuck over contract wrangling

Total agreed last year to invest in four oil, gas and renewables projects in the southern Basra region over 25 years

Exxon posts highest profit in more than a year as demand recovers

Rebounding demand for oil, gas and chemicals helped

Exxon posts $2.7 billion quarterly profit after unprecedented year

This comes after a tumultuous year led to major spending reductions.

Exxon scales back shale ambitions to focus on low costs, saving dividend

The top U.S. oil producer incurred a historic loss of US$22.4 billion last year and is trying to convince a skeptical Wall Street that it can rebound

Hit by Covid-19 pandemic, oil giants Exxon, BP post huge 2020 losses

Exxon Mobil Corp. reported the largest losses in its history nearly $20.1 billion for the fourth quarter, including more than $19 billion to write down the value of company assets

Exxon posts first annual loss as a public company on Covid-19 impact

The company reported a net annual loss of $22.4 billion for 2020, on the write down and losses in oil production and refining, compared with a full-year profit of $14.34 billion in 2019

Exxon signals up to $20 billion writedown; will overwhelm 4th-qtr gains

The largest US oil producer has posted losses in the first three quarters of 2020

Exxon to cut 14,000 jobs as coronavirus pandemic dents oil demand

(Reuters) - Exxon Mobil Corp said on Thursday it could cut its global workforce by about 15%, including deep white-collar staff reductions in the United States, as the COVID-19 pandemic batters energy demand and prices.

Exxon downsizes global empire as Wall Street worries about dividend

Wall Street investors are even starting to worry about the once-sacrosanct dividend at Exxon

A $91 billion asset manager dumps Exxon Mobile, Chevron over climate policy

The move by the Oslo-listed company, which has about $91 billion under management, is another illustration of how investors are adjusting to the risks of climate change

Exxon posts second straight quarterly loss on demand, price plunge

Exxon's oil and gas production business fell to a loss and its refining unit was hit by lower demand and weaker prices

BPCL makes faster, cheaper tech to test crude; in talks with MNCs for sale

BPCL has been developing the technology since FY16 and reached commercial production stage two years ago

Exxon aims to sell $25 billion of assets to focus on mega-projects: Report

The sell-off would be a marked acceleration of the US oil major's previous divestment plans.

Exxon shareholders launch proxy fight against the oil giant's directors

The shareholders said they have engaged with Exxon on climate change and its greenhouse gas emissions since 2005 and the company has "failed to respond adequately" in contrast to peers