Exxon Mobil Corp. told a judge that New York’s attorney general should either sue the company for misleading investors about the financial impact of climate change, or close its probe and move on.
ExxonMobil is planning a $1.9 billion expansion at its Baytown petrochemical complex.
Exxon Mobil Corp. must face a lawsuit by investors who blamed a drop in the company’s shares on the disclosure that regulators were scrutinizing its reserve accounting related to climate change.
Exxon Mobil is signing on as a major customer on Kinder Morgan's planned, $2 billion Permian Highway Pipeline to carry natural gas from West Texas to the Houston region.
The Trump administration dropped a two-year-old accounting probe into Exxon Mobil Corp.’s valuation of its reserves and public disclosures about climate change, while inquiries by two Democratic-led states continue.
Crude prices rose to three-year highs, operating costs were down and profit was growing by double or triple digits, but investors still found plenty to complain about in Big Oil’s second-quarter earnings.
Darren Woods, Ben van Beurden and Mike Wirth, three of the world’s most powerful oil executives, forged their reputations by efficiently managing razor-thin margins at their companies’ refineries.
A boost to the oil price saw US majors Chevron and ExxonMobil post positive results for the first half of the year.
ExxonMobil fell short of profit and production expectations, underscoring the need for the world’s largest oil major to ramp up projects that won’t deliver until the early 2020s.
ExxonMobil has commenced operations at its multibillion-dollar petrochemical expansion at its massive Baytown complex.
Italian oil firm Saipem has announced more than £600 million in worldwide engineering and construction (E&C) contracts.
European oil major’s BP, Eni and Shell are outperforming their peers amid a wave of new project approvals in the recent downturn, analysts have said.
ExxonMobil increased its estimate for a giant offshore oil discovery in Guyana by 25 percent yesterday, but it may just be the beginning.
The dark storm clouds that have been hanging over the oil industry during the crude-price slump have suddenly started raining cash.
US oil major ExxonMobil has lifted its estimate for the Stabroek Block offshore Guyana to more than 4 billion barrels of oil equivalent (boe).
Investors will probably like most of what they see when energy, mining and farm-products companies report earnings for the most recent quarter. It’s the rest of the year they’re worried about.
ExxonMobil quit the American Legislative Exchange Council, a lobbying group bankrolled by fossil fuel companies, following a disagreement over climate-change policy.
A joint venture owned by ExxonMobil, Eni and CNPC has submitted a development plan for the first phase of the Rovuma LNG project off Mozambique.
Oil investors may regret urging companies to cough up cash now instead of investing in growth for later as the dearth of exploration is setting the stage for an unprecedented crude price spike, according to Sanford C. Bernstein & Co.
ExxonMobil has awarded SBM Offshore contracts to carry out front end engineering work on a second floating production vessel for the Liza development off Guyana.
Algeria’s energy industry is open for business.
Oil companies have for now managed to avoid the legal liability of paying potentially billions of dollars for protection against the impact of climate change. But the fight could only just be beginning.
The CEOs of the two largest U.S. oil companies said Tuesday that tariffs enacted by the Trump administration would slow growth in the U.S. oil and gas sector.
Big Oil’s fortunes are becoming tied more closely to natural gas than ever before.
ExxonMobil said today that development drilling had kicked off on the Liza Phase 1 development offshore Guyana.