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.

BAKU, Azerbaijan, January 31. Azerbaijan is taking active steps to expand the capacity of East-West and North-South corridors, the Prime Minister of Azerbaijan Ali Asadov said during his speech at ...

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 ...

HOUSTON (Reuters) -Exxon Mobil on Friday posted mixed fourth-quarter results that showed weakness in its refining and chemicals business, though it beat Wall Street's profit estimate with higher oil ...

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.

(Bloomberg) -- Profits for Exxon Mobil Corp. and Chevron Corp were slammed by slumping fuel margins as the prospect of US tariffs on two major oil suppliers threatens to make the refining business ...

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 share ...

Exxon’s full-year refining earnings dropped to $4 billion from $12.1 billion in 2023, according to a statement Friday. As for Chevron, its global fleet of plants earned just $1.7 billion last ...

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.