Facilities in an oil sands project near Fort McMurray, Alberta. Exxon Mobil Corp.’s remade board of directors is debating whether to continue with several major oil and gas projects as Continue Reading
Activist fund Engine No. 1 says Exxon Mobil Corp. has reduced oil and gas production in a “meaningful” way since the beginning of its successful proxy campaign last year. Engine Continue Reading
Exxon Neftegas Limited (ENL), the operator of Russia’s Sakhalin-1 oil and gas project, plans to invest $5 billion in the next five years to stem a decline in oil production, Continue Reading
The world’s largest oil companies are under growing pressure from shareholders and society to reduce emissions and show efforts to fight the worst effects of climate change. Everyone in the Continue Reading
U.S. oil majors Exxon Mobil Corp (XOM.N) and Chevron Corp (CVX.N) have failed to meet a core transparency standard set by the Extractive Industries Transparency Initiative, a global anti-corruption body Continue Reading
Exxon Mobil Corp. will offer some of its Permian Basin shale gas for certification by a nonprofit that assesses methane leaks, a move that comes as the oil industry faces Continue Reading
Exxon Mobil Corp (XOM.N) was suspended from advocacy group Climate Leadership Council (CLC) that looks to make policies to address climate change, the CLC said on Friday. The move comes Continue Reading
Exxon XOM 0.63% Mobil Corp. is considering a pledge to reduce its net carbon emissions to zero by 2050, according to people familiar with the matter, in what would amount to a significant Continue Reading
Last week, ExxonMobil (NYSE:XOM) reported Q 2 2021 earnings in one of Big Oil’s most anticipated scorecards this earnings season. The United States’ largest oil and gas company posted stellar Continue Reading
Exxon Mobil (XOM.N) on Friday posted its biggest quarterly profit in more than a year that also sailed past analysts’ estimates, boosted by higher oil prices and record earnings at Continue Reading
