Exxon laid out a five-year plan in December to increase project spending to boost oil and gas output by 18% by 2030. "We're not going to go ahead with them until we're convinced that the value is ...
Global oil demand lagged expectations in 2024, pushing down crude and fuel prices and impacting the industry. Exxon competitors Chevron (CVX.N) and Shell’s (SHEL.L), earnings this week were ...
--Brent crude oil is down 0.4% to $75.57 a barrel. --European benchmark gas is up 0.8% to EUR53.65 a megawatt-hour. --Gold futures are flat on $2,844.50 a troy ounce. --LME three-month copper ...
Profits for Exxon Mobil Corp. and Chevron Corp were slammed by slumping fuel margins as the prospect of U.S. tariffs on two major oil suppliers threatens to make the refining business even worse.
Shares of the No. 1 U.S. oil producer declined 1.7% to $107.72 in afternoon trading, which was in line with a drop in the broader S&P 500 Energy Sector index. Exxon's adjusted profit for the ...
The Prince of Wales has held a private meeting ... As a senior member of the Royal Family, William, who is the future head of the Armed Forces, is affiliated to a number of military regiments ...
ExxonMobil is currently producing about 650,000 barrels per day of oil from Stabroek via the Liza Destiny, Liza Unity and Prosperity floating production, storage and offloading vessels in the Liza ...
Exxon Mobil Corp. beat earnings estimates as strong production growth cushioned the drop in oil prices and refining margins, easing investor concerns about an increase in capital spending.
Exxon Mobil's (XOM) earnings report exceeded fourth quarter expectations, driven by higher oil (CL=F, BZ=F) and gas (RB=F) production. Chevron (CVX) experienced its first refining business loss ...
Related: Oil Price Drop To Cut Exxon Mobil’s Q4 Upstream Earnings By Up To $0.9 Billion: Details Adjusted net profit came in at $7.39 billion, down from $8.61 billion in the prior quarter.
Exxon Mobil posted strong fourth quarter profits as the oil and gas company increased production in the Permian basin at home, and in Guyana. The Texas company earned $7.61 billion, or $1.72 per ...
Exxon Posts Mixed Q4 Results With Higher Oil Production, Weak Refining Profit By Sheila Dang HOUSTON (Reuters) -Exxon Mobil on Friday posted mixed fourth-quarter results that showed weakness in ...
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