Report: Exxon’s coming pay raises for employees will come in below inflation Salaries are going to rise about 3.6% for employees who deserve the merit-based raises The largest increases are Continue Reading
Exxon’s salary raises come after a difficult two-year period for the company and its employees. Exxon Mobil Corp. will award most U.S. employees below-inflation pay increases in early 2022 despite Continue Reading
Exxon Mobil (XOM.N) on Wednesday set annual capital spending through 2027 at $20 billion to $25 billion, allocating money to low-carbon projects and extending its previously projected investment rate for Continue Reading
ExxonMobil has broadened goals to reduce the amount of carbon dioxide released with each barrel of oil it pumps, applying them across company operations but avoiding deeper emissions cuts endorsed Continue Reading
Exxon has put up for sale natural gas assets in the Barnett Shale in Texas, Reuters has reported , citing a confirmation of the news by the company. The assets Continue Reading
Exxon Mobil Corp (XOM.N) on Wednesday said for the first time some of its oil and gas properties may face impairment due to climate change, according to a securities filing. Continue Reading
Exxon Mobil Corp on Friday pledged to revive its long-dormant share repurchase program next year, bolstered by a jump in profit and improved cash flow in the third quarter as Continue Reading
Exxon’s operations offshore Guyana are proving to be highly profitable Breakeven costs for its projects are expected to drop from $35 per barrel to $25 per barrel, an industry low Continue Reading
Former Exxon executives and staffers have found their way to hire-hungry tech names like Amazon and Microsoft as a result of the cuts The company is in the midst of Continue Reading
Exxon Mobil Corp.’s XOM 0.55% remade board of directors is debating whether to continue with several major oil and gas projects as the company reconsiders its investment strategy in a fast-changing energy landscape, according Continue Reading
