The evacuation of some Exxon Mobil Corp. workers is “unacceptable and unwarranted” because it has nothing to do with the security situation in southern Iraq, according the country’s energy minister.
Exxon Mobil will pour $2 billion into expanding its Baytown chemical complex, creating 2,000 construction jobs and further cementing the region's role as a petrochemical hub.
Some of the world's biggest oil firms have claimed they are taking "prudent action" on climate goals, despite a new report suggesting production from new fields will breach the Paris Agreement.
ExxonMobil said Thursday it made its 13th oil discovery offshore of Guyana, increasing its rapidly rising tally of finds near the tiny South American nation.
Total has reached an agreement with the government of Papau New Guinea allowing work to begin on a $13bn (£9.9bn) project to roughly double the country’s energy exports.
Some of the top oil and gas companies received perfect scores in the new LGBT workplace equality rankings, but the energy sector still ranks at the bottom for inclusion standards out of all industries nationwide.
As neighboring Venezuela collapses, Colombia is hoping to lure oil majors with an unprecedented bidding system: Producers can propose drilling anywhere, at any time, and the country will look into it.
ExxonMobil has agreed to start reporting plastic pellet spills from its polymer production plants under shareholder pressure to prevent ocean pollution, the shareholder group As You Sow said Wednesday.
It is in South America yet they speak English. Culturally and in cricket terms they are West Indian. Guyana was the setting for Sir Walter Raleigh's mystical city of gold: El Dorado.
For many years Exxon Mobil Corp. had a frosty relationship with Wall Street, giving terse presentations and shutting down impertinent questions. Chief executives from Lee Raymond to Rex Tillerson didn’t participate in quarterly earnings calls, leaving many analysts frustrated.
Exxon Mobil is seeking to maintain its top spot in the world of Big Oil by hiking spending and aiming to churn out increasingly higher volumes of oil and gas with a strong emphasis in West Texas and South America.
Exxon Mobil said it will deploy technology from Microsoft to make its massive Permian Basin development the largest oil and gas acreage in the world to use cloud computing technology.
Soaring production in North America’s most prolific oil field helped propel Exxon Mobil Corp. and Chevron Corp. to bigger-than-expected fourth-quarter profits. Shares for both explorers jumped.
Norway’s oil lobby raised its forecast for investments in the country’s petroleum industry as cost cuts during a three-year downturn made projects more profitable and able to withstand even the recent slump in crude prices.