Exxon Mobil Corp

Exxon Mobil, Chevron reap over $31 billion profit from energy crunch

Exxon's stock rose 2.6 per cent at 9:33 am in New York. Chevron advanced 2.7 per cent

Fracking giant Liberty Energy says fossil fuels to rule for decades

"We're investing a lot of money in some new energy technologies; some of this is great, but it's not an energy transition," Wright, chief executive officer at Denver-based Liberty Energy said

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

Exxon made more money than god, says Biden, criticises high gasoline prices

President Joe Biden accused Exxon Mobil Corp. and other oil companies of exploiting high gasoline prices after a report showed inflation soaring to a new 40-year record

Exxon's exit from Russia amid Ukraine war puts ONGC Videsh in a fix

Exxon Mobil Corp's decision to exit Russia has put India's flagship overseas firm ONGC Videsh in a fix as it is a partner in the global energy giant-operated Sakhalin-1 oil fields in Far East Russia

Exxon Mobil returns to Q4 profit as oil demand continues to improve

Our effective pandemic response, focused investments during the down-cycle, and structural cost savings positioned us to realise the full benefits of the market recovery in 2021, CEO Darren Woods said

ExxonMobil to move headquarters to Houston from Dallas suburb

The move is scheduled to be completed by mid-2023, the company said in a statement, becoming the largest Fortune 500 company in the metro area of Houston

With a net worth of $288.6 bn, Elon Musk now worth more than Exxon Mobil

Musk's net worth now makes him more valuable than Exxon Mobil Corp

OPEC wins, the West loses

Judges, investors force oil firms towards low-carbon future

Exxon and Macquarie in $11.7 million US lawsuit over gas contract

Exxon is asking the Texas court to rule that the massive storm, caused when an arctic air mass swept the central United States, was a natural disaster

Exxon Mobil pitches investors on dividend growth, better financial returns

It has not set an overall emissions target however, and reducing intensity means that emissions still could rise if oil and gas output grows

Exxon Mobil posts third straight loss as pandemic hits demand, prices

Exxon Mobil Corp posted its third straight quarterly loss on Friday and detailed deeper spending cuts to come, as the oil major reels from the COVID-19 impact on energy demand and prices.

Exxon to cut 14,000 jobs, including 1,900 in US, as Covid-19 hurts demand

The cuts would include everything from layoffs to retirements or performance-based exits

Chevron's deal with Noble Energy helps top Exxon Mobil m-cap for first time

Chevron's market value leapfrogged that of Exxon Mobil for the first time during a week in which it closed a $4.1 billion, all-stock deal for Noble Energy, a smaller oil and gas producer

As Exxon Mobil is removed from the Dow, is this the end for Big Oil?

It's not the first time that there's only been one oil and gas company in the Dow

Salesforce to replace Exxon Mobil Corp in major Dow Jones shake-up

Prompted by Apple's stock split, Exxon will exit the index after 92 years

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

Energy to retail: Reliance is India's reply to Exxon, AT&T, Amazon combined

Billionaire Mukesh Ambani's Reliance Industries is India's answer to US giants Exxon, AT&T and Amazon - all rolled into one, Bernstein Research said on Tuesday. "Reliance has disrupted the energy and telecoms industry in India and is on the cusp of doing the same to retail, fintech, and media," it said in a report adding the company has an enviable track record of innovation and execution. For the oil-to-telecom conglomerate, energy remains core business and is expected to further expand as India is forecast to be the fastest-growing market for fuel and chemical products over the next decade, it said adding the company's partnership with BP of the UK and Saudi Aramco will support this. Reliance owns the world's largest single-site oil refining complex and has multiple petrochemical plants. Three years back it forayed into telecom business and has reached 34 per cent share of market revenue. "Based on the current net add run-rates it will likely reach 44 per cent share by the end ..

New York judge sides with Exxon Mobil in environmental fraud case

The decision came after a trial that included testimony from former Exxon Mobil CEO Rex Tillerson

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.