A new study of ExxonMobil's (NYSE: XOM) own climate change projections offers fresh evidence that the oil giant’s models accurately forecast global warming even as it publicly sowed doubt about the crisis.
Big Oil v the World, BBC's new three-part documentary series on the fossil fuel industry and its impact on the environment, aired its first episode.
Exxon Mobil Corp. plans to prohibit the LGBTQ-rights flag from being flown on the corporate flagpole outside its offices during Pride month in June, prompting a furious backlash from Houston-based employees.
Oil and natural gas explorers in the US Gulf of Mexico and Louisiana refineries have shut production as Hurricane Ida crashed ashore.
ExxonMobil has announced a “significant” oil discovery at the Whiptail field off Guyana.
ExxonMobil’s chief executive Darren Woods says the company is “deeply apologetic” over comments caught on camera in a secret filming by Greenpeace that show one of the oil giant’s lobbyists saying a carbon tax the company has promoted for years is unlikely to happen.
A wealth management firm has said it is “sceptical” that Engine No.1 can take “all of the credit” for the share price performance of ExxonMobil.
An unprecedented fight over who should sit on the board of ExxonMobil is turning into a referendum on chief executive Darren Woods as a decades-long struggle by climate campaigners comes to a head.
Communities close to the petro chemical plants at Mossmorran have been warned to expect flaring as a £140million upgrade of the processing plant gets set to begin in earnest.
The delayed Total-led liquefied natural gas (LNG) export development in Papua New Guinea (PNG) has signed a key fiscal stability agreement with the government. This marks a significant step in de-risking the proposed 5.33 million tonne per year Papua LNG scheme.
The Indian government is trying to persuade ExxonMobil to take stakes in offshore acreage controlled by state-backed Oil & Natural Gas Corporation (ONGC).
Japanese companies are increasingly focused on upstream portfolio rationalisation, with divestment of non-operated stakes in smaller oil, as well as other non-core assets, expected to accelerate, research from Wood Mackenzie shows.
Exxon Mobil Corp. kept the S&P 500 Index’s third-largest dividend after this year’s rally in commodity prices eased analysts’ fears that the payout was becoming unaffordable.
Petrobras is pledging a 25% cut in carbon emissions by 2030, but that hasn’t stopped Chief Executive Officer Roberto Castello Branco from dismissing pledges by peers to completely neutralize their carbon footprints two decades later.
Just five of the 39 largest oil and gas companies have announced carbon-reduction targets that match levels needed to avoid a 2-degree Celsius temperature increase. And only 20 have taken initial steps to disclose how they plan to lower emissions produced by both their operations and electricity use, known respectively as Scope 1 and Scope 2.
Despite a recently announced planned capital raising, Australian-listed Oil Search, which has major stakes in Papua New Guinea’s emerging LNG sector, is a prime takeover target, as mergers become more likely in a low oil price world.
Somalia has reached an “initial roadmap” with a Shell and ExxonMobil joint venture on offshore exploration.
Aberdeen offshore engineering and equipment firm Sparrows Group has announced an eight-figure deal through a Chevron and ExxonMobil join venture based in Kazakhstan.
An Exxon Mobil Corp. natural gas well in Ohio released more methane into the atmosphere during a blowout in 2018 than some countries do in a year, according to a team of American and Dutch scientists.
Even the seller of natural gas from Europe’s largest field was taken aback by the Dutch government’s decision last year to close it forever.
Big Oil probably won’t be buying up the Permian Basin’s struggling independent drillers any time soon.
North-west Europe is experiencing a renaissance in high-impact exploration, a new report said.
The nation's two largest oil companies said Tuesday they plan to significantly hike their activity in West Texas' Permian Basin and dominate the region, spending even more money while others cut back.
Royal Dutch Shell is in negotiations to buy Endeavor Energy Resources LP for about $8 billion, according to people familiar with the matter, or roughly half as much as the Texas oil producer was expected to fetch when it put itself on the block this year.
US oil companies Exxon Mobil Corp., Chevron Corp. and Occidental Petroleum Corp. will join an oil industry climate-change group led by their European rivals, after refusing to do so for years.