In recent weeks, Exxon Mobil has been affected by rising oil prices linked to heightened U.S.-Iran tensions, ongoing large-scale developments in Guyana, and new LNG-related contracts in Papua New ...

We are now transporting and storing captured CO 2 from the New Generation Gas Gathering (NG3) project in Gillis, Louisiana. NG3 is our second active commercial carbon capture and ...

Woods stated that major projects set for 2025 could contribute more than $3 billion in earnings potential by 2026. Key projects include Yellowtail in Guyana, Proxxima resin production, and advanced ...

US energy giant ExxonMobil announced Thursday the resumption of its gas development project in Mozambique, which had been suspended for several years due to a jihadist insurgency. "We have lifted ...

Exxon Mobil (NYSE:XOM) is drawing attention for its role in long-term oil development projects as U.S. shale production shows signs of a potential plateau. The company is setting production records in ...

Darren W. Woods, Chairman and CEO, emphasized the strength of ExxonMobil’s diversified business, stating, "This quarter once again proved the value of our strategy and our competitive advantages. They ...

Exxon Mobil Corporation’s XOM Australian unit and Woodside Energy have approved the final investment decision for the Turrum Phase 3 project, a $221 million initiative aimed at tapping underdeveloped ...

ExxonMobil to transport and store up to 2 million metric tons per year of CO 2 from Calpine’s natural gas power generation facility Calpine plans to produce ~500 megawatts of reliable low-carbon ...

ExxonMobil has updated its Corporate Plan through 2030, lifting its earnings and cash flow forecasts on the back of advantaged upstream assets, a stronger product portfolio, cost discipline, and ...

Exxon is working to develop the world's largest low-carbon hydrogen and ammonia production facility at its Baytown refinery complex. The facility would produce 1 billion cubic feet of low-carbon ...