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energy and resources
Nigeria’s Buhari grants consent to Seplat’s buy of Exxon Mobil’s Nigeria unit
FILE PHOTO: A view of the Exxon Mobil refinery in Baytown, Texas September 15, 2008. A big chunk of U.S. energy production shuttered by Hurricane Ike could recover quickly amid early indications the storm caused only minor to moderate damage to platforms and coastal refineries. REUTERS/Jessica Rinaldi
international business
Russia bans Western investors from selling banking, key energy stakes
FILE PHOTO: A general view shows the Sakhalin-2 project's liquefaction gas plant in Prigorodnoye, about 70 km (44 miles) south of Yuzhno-Sakhalinsk, October 13, 2006. REUTERS/Sergei Karpukhin
energy and resources
U.S. majors Exxon, Chevron post blowout earnings, ramp up buybacks
An entrance sign at the Chevron refinery, located near the Houston Ship Channel, is seen in Pasadena, Texas, U.S., May 5, 2019. REUTERS/Loren Elliott
investment ideas
Recession fears deal blow to rare 2022 market winner: U.S. energy shares
The logo of Exxon Mobil Corporation is shown on a monitor above the floor of the New York Stock Exchange in New York, Dec. 30, 2015.
report on business
Strike ends at Exxon refinery in France
(FILES) This file photograph taken on June 2, 2015, shows the logo of US oil and gas giant ExxonMobil during the World Gas Conference exhibition in Paris. - Exxon Mobil closed the books on a terrible 2020 on February 2, 2021, reporting losses in the fourth-quarter and for the full year in the wake of lower oil prices with Covid-19. The big US oil company reported a fourth-quarter loss of $20.7 billion following huge write-offs. That took the company's loss for all of 2020 to $22.4 billion, compared with $14.3 billion in profits in 2019. Exxon Mobil also unveiled plans for additional spending cuts of $3 billion in annual expenses expected by 2023, its latest belt-tightening move amid the industry downturn. (Photo by ERIC PIERMONT / AFP) (Photo by ERIC PIERMONT/AFP via Getty Images)
energy and resources
Exxon joins oil majors in Qatar’s mega-LNG expansion project
Qatar's Minister of State for Energy Affairs and President and CEO of QatarEnergy Saad Sherida al-Kaabi speaks during a signing ceremony and press conference with Exxon Mobil Corporations Chairman and CEO at QatarEnergy headquarters in Doha, on June 21, 2022. (Photo by KARIM JAAFAR / AFP) (Photo by KARIM JAAFAR/AFP via Getty Images)
u.s. business
Biden tells oil refiners: Produce more gas, fewer profits
President Joe Biden speaks during the opening plenary session of the Summit of the Americas, Thursday, June 9, 2022, in Los Angeles. Biden announced the Americas Partnership for Economic Prosperity last week as he kicked off the summit, which gathered leaders from 21 countries across the Western Hemisphere, including Prime Minister Justin Trudeau.THE CANADIAN PRESS/AP-Evan Vucci
u.s. business
Engine No. 1 rushes to back ESG disclosures at top companies
FILE - In this April 23, 2018, file photo, the logo for ExxonMobil appears above a trading post on the floor of the New York Stock Exchange. Exxon Mobil shareholders have unseated a third board member in their bid to force the oil giant to deal more aggressively with climate change. The company announced Wednesday, June 2, 2021 that three candidates nominated by a dissident group of shareholders, called Engine No. 1, had been elected to its board of directors. Preliminary tallies had two of the challengers winning seats. (AP Photo/Richard Drew, File)
energy and resources
Exxon shareholders back board, vote against faster carbon emission cuts
FILE PHOTO: A view of the ExxonMobil Baton Rouge Refinery in Baton Rouge, Louisiana, U.S., May 15, 2021. Picture taken May 15, 2021. REUTERS/Kathleen Flynn/File Photo
energy and resources
Exxon must face Massachusetts climate change lawsuit, court rules
FILE PHOTO: A view of the ExxonMobil Baton Rouge Refinery in Baton Rouge, Louisiana, U.S., May 15, 2021. Picture taken May 15, 2021. REUTERS/Kathleen Flynn/File Photo
energy and resources
Exxon Mobil’s earnings hurt by Russia exit, triples buybacks on high oil prices
FILE PHOTO: Signage is seen at an Exxon gas station in Brooklyn, New York City, U.S., November 23, 2021. REUTERS/Andrew Kelly/File Photo
energy and resources
Exxon Mobil considering complete withdrawal from Russia by June 24, sources say
FILE- This April 25, 2017, file photo, shows an Exxon service station sign in Nashville, Tenn. Exxon Mobil Corp. on Tuesday, Feb. 1, 2022 reported fourth-quarter earnings of $8.87 billion. (AP Photo/Mark Humphrey, File)
energy and resources
Exxon Mobil signals record quarterly profit from oil and gas prices
(FILES) This file photograph taken on June 2, 2015, shows the logo of US oil and gas giant ExxonMobil during the World Gas Conference exhibition in Paris. - Exxon Mobil closed the books on a terrible 2020 on February 2, 2021, reporting losses in the fourth-quarter and for the full year in the wake of lower oil prices with Covid-19. The big US oil company reported a fourth-quarter loss of $20.7 billion following huge write-offs. That took the company's loss for all of 2020 to $22.4 billion, compared with $14.3 billion in profits in 2019. Exxon Mobil also unveiled plans for additional spending cuts of $3 billion in annual expenses expected by 2023, its latest belt-tightening move amid the industry downturn. (Photo by ERIC PIERMONT / AFP) (Photo by ERIC PIERMONT/AFP via Getty Images)
energy and resources
Kazakh oil woes another headache for top Western producers amid Ukraine war
FILE PHOTO: Workers walk as oil pumps are seen in the background in the Uzen oil and gas field in the Mangistau Region of Kazakhstan November 13, 2021. Picture taken November 13, 2021. REUTERS/Pavel Mikheyev/File Photo
energy and resources
Exxon Mobil outlines new cost cutting to drive profit after Russia exit
FILE PHOTO: Signage is seen at an Exxon gas station in Brooklyn, New York City, U.S., November 23, 2021. REUTERS/Andrew Kelly/File Photo
energy and resources
Exxon Mobil facing pressure as big bet on offshore drilling in Brazil yet to pay off
FILE PHOTO: Signage is seen at an Exxon gas station in Brooklyn, New York City, U.S., November 23, 2021. REUTERS/Andrew Kelly/File Photo
energy and resources
Exxon Mobil posts its biggest profit in seven years as company gets boost from strong energy prices
An airplane comes in for a landing above an Exxon sign at a gas station in the Chicago suburb of Norridge, Illinois, U.S., October 27, 2016. REUTERS/Jim Young
energy and resources
Exxon, Imperial Oil to market up to $1-billion in Canadian assets
Signage is seen at an Exxon gas station in Brooklyn, New York City, U.S., November 23, 2021. REUTERS/Andrew Kelly
energy and resources
Exxon makes two new oil discoveries off Guyana’s coast
FILE PHOTO: Signage is seen at an Exxon gas station in Brooklyn, New York City, U.S., November 23, 2021. REUTERS/Andrew Kelly/File Photo
u.s. business
U.S. labour board impounds ballots in union-removal vote at Exxon refinery
FILE PHOTO: Signage is seen at an Exxon gas station in Brooklyn, New York City, U.S., November 23, 2021. REUTERS/Andrew Kelly/File Photo
investment ideas
How 2021 became the year of ESG investing
A child embraces a globe shaped balloon during a rally held ahead of the start of the 2015 Paris World Climate Change Conference, known as the COP21 summit, in Rome, Italy , Nov. 29, 2015.
international business
Activist group targets Exxon with shareholder climate resolution
FILE PHOTO: Signage is seen at an Exxon gas station in Brooklyn, New York City, U.S., November 23, 2021. REUTERS/Andrew Kelly/File Photo
energy and resources
Oil CEOs clash with U.S. Energy Department official over energy transition
People walk past the Chevron and ExxonMobil booths at the World Petroleum Congress, in Houston, Texas, U.S. December 6, 2021. REUTERS/Sabrina Valle
international business
Exxon Mobil to achieve net zero greenhouse gas emissions in Permian operations by 2030
FILE PHOTO: Signage is seen at an Exxon gas station in Brooklyn, New York City, U.S., November 23, 2021. REUTERS/Andrew Kelly/File Photo
energy and resources
ExxonMobil’s governance structure fails the energy transition, Engine No. 1 founder says
Signage is seen at an Exxon gas station in Brooklyn, New York City, U.S., November 23, 2021. REUTERS/Andrew Kelly
energy and resources
Exxon Mobil to hold spending at $20-billion to $25-billion through 2027
FILE PHOTO: Darren Woods, Chairman & CEO of Exxon Mobil Corporation speaks during a news conference at the New York Stock Exchange (NYSE) in New York, U.S., March 1, 2017. REUTERS/Brendan McDermid
international business
U.S. Gulf of Mexico auction attracts pent up demand from oil drillers
FILE PHOTO: Pump jacks operate in front of a drilling rig in an oil field in Midland, Texas U.S. August 22, 2018. REUTERS/Nick Oxford
inside the market
Tuesday’s analyst upgrades and downgrades
FILE PHOTO: The Suncor Energy logo is seen at their head office in Calgary, Alberta, Canada, April 17, 2019. REUTERS/Chris Wattie/File Photo
energy and resources
Exxon posts strongest quarterly results since 2017, pledges to resume share buybacks
FILE PHOTO: An Exxon sign is seen at a gas station in the Chicago suburb of Norridge, Illinois, U.S., October 27, 2016. REUTERS/Jim Young/File Photo
energy and resources
Oil executives deny spreading disinformation about climate change
FILE PHOTO: An Exxon gas station is seen in Houston, Texas, U.S., April 30, 2019. REUTERS/Loren Elliott
energy and resources
Exxon calls for carbon price, pursues capture storage hubs across Asia
FILE PHOTO: An Exxon sign is seen at a gas station in the Chicago suburb of Norridge, Illinois, U.S., October 27, 2016. REUTERS/Jim Young/File Photo GLOBAL BUSINESS WEEK AHEAD
international business
Chevron commits to net zero operational emissions by 2050
FILE PHOTO: A Chevron gas station sign is seen in Del Mar, California, April 25, 2013. REUTERS/Mike Blake/File Photo
international business
Hedge fund Engine No. 1 takes stake in GM, says it supports automaker’s EV transition
FILE PHOTO: The GM logo is seen at the General Motors Warren Transmission Operations Plant in Warren, Michigan October 26, 2015. REUTERS/Rebecca Cook/File Photo
energy and resources
Rosneft, ExxonMobil seek to co-operate in reducing greenhouse gases
FILE PHOTO: An Exxon sign is seen at a gas station in the Chicago suburb of Norridge, Illinois, U.S., October 27, 2016. REUTERS/Jim Young/File Photo
energy and resources
Exxon Mobil discloses another oil discovery at Pinktail, offshore Guyana
FILE PHOTO: An Exxon sign is seen at a gas station in the Chicago suburb of Norridge, Illinois, U.S., October 27, 2016. REUTERS/Jim Young/File Photo
energy and resources
Exxon to begin certifying some shale gas emissions amid investor pressure
FILE PHOTO: An Exxon sign is seen at a gas station in the Chicago suburb of Norridge, Illinois, U.S., October 27, 2016. REUTERS/Jim Young/File Photo