Exxon: The Oil Trade Is Back On The Menu
Oil prices are slowly rising again, with the possibility of reaching $100/barrel due to strong demand and production cuts by OPEC. Exxon Mobil Corporation is expected to benefit from higher energy ...
ExxonMobil (XOM) to Develop DAC Technology to Capture CO2
The development of the DAC technology could potentially leverage ExxonMobil's (XOM) expertise in CCS.
Exxon Mobil Is Setting for the Breakout
Gas exploration companies have been particularly interesting for investors
Exxon sees $16 billion in earnings for fuels, chemicals by 2027
Exxon Mobil Corp expects its motor fuels and chemicals earnings to reach $16 billion by 2027, up about $4 billion from current levels as demand continues to rise, executives said on Wednesday.
ExxonMobil (XOM) Commences Baytown Chemical Unit Production
The two units will enable ExxonMobil (XOM) to meet the increasing demand for plastics and various other chemicals.
Exxon working on direct air capture of CO2, stays out of EV charging stations
Exxon Mobil Corp is working on developing technology for direct air capture (DAC) of carbon dioxide, and sees a clear place for it in a net-zero future, an Exxon executive said on Tuesday, but the ...
Exxon pledges more Nigerian oil output, presidential spokesman says
Exxon Mobil Corp has pledged additional oil production of nearly 40,000 barrels per day from its Nigerian operations in a new investment push in the country, a presidential spokesman said on Tuesda...
Exxon Mobil: OPEC+ Is Coming To The Rescue (Rating Upgrade)
Exxon Mobil experienced a serious drop-off in free cash flow in Q2'23 due to lower average prices in end markets. OPEC+ supply cut decisions have boosted petroleum prices and improved Exxon Mobil's...
Exxon Mobil: Artificially Inflated
Exxon Mobil Corporation's weak Q2 results highlight the earnings risk when oil prices fall. OPEC+ has an estimated spare oil capacity matching the peak levels since at least 2000. The stock trades ...
ExxonMobil stock gains as oil price rises, reflects little reaction to accusatory report on climate-change denial
Stock prices for oil-and-gas giant ExxonMobil advanced Thursday, a bounce back from a day earlier when the stock lagged the broader market, and seemingly unimpacted by a bristling Wall Street Journ...
ExxonMobil (XOM) Leads Bids in Guyana's Oil and Gas Auction
Guyana receives bids for eight out of 14 blocks auctioned, including those from key contender ExxonMobil (XOM) among others.
Exxon Mobil: The Clear Beneficiary Of The Oil Shortage
Oil prices expected to remain high in 2023 due to voluntary production cuts in Saudi Arabia and Russia, leading to an oil deficit. Demand for oil set to rise in countries excluding China, US, and E...
ExxonMobil (XOM) Expects Global Climate Targets to Fall Short
ExxonMobil (XOM) will invest $17 billion over six years through 2027 in low-carbon emission technologies, including carbon capture and sequestration, and hydrogen.
Exxon projects oil, gas to be 54% of world's energy needs in 2050
Oil and natural gas are still projected to meet more than half of the world's energy needs in 2050, or 54%, Exxon Mobil Corp. said on Monday, with the world failing to keep global temperature incre...
FuelCell, Exxon Mobil to extend carbon capture deal
FuelCell Energy said on Monday it would extend a carbon capture joint development agreement with a unit of Exxon Mobil to March 31 next year.
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