In December, ExxonMobil updated its corporate plan, including new cost savings targets, earnings and cash-flow expectations, ...
Exxon Mobil signaled on Tuesday that weaker oil prices and refining results would reduce its fourth-quarter earnings by about $1.6 billion from the previous quarter. The oil major also said in an SEC ...
Big Oil companies are preparing for lower profits from LNG trade due to stabilizing prices after a period of high volatility.
An oil boom is reshaping Guyana’s future. Ben Jacob traces the country’s long history of colonial exploitation from Britain’s ...
The oil major faces “significant headwinds” at its refining division, wrote an RBC Capital Markets analyst. Exxon Mobil’s shares fell after the company warned its fourth-quarter earnings ...
The position reflects a rare note of discord between Trump and Big Oil, one of his most important constituencies and long ...
ExxonMobil (NYSE: XOM) is the oil industry's leader by almost every important metric, including profitability. The oil giant produced a peer-leading $8.6 billion in profits during the third ...
BofA analyst Jean Ann Salisbury lowered the firm’s price target on Exxon Mobil (XOM) to $122 from $124 and keeps a Neutral rating on the ...
BP said a drop in refining margins and the impact of turnaround and maintenance activity would result in an up to $300-MM drop in profit quarter-on-quarter. The group could see a further $200-MM to ...
Under the order for Exxon’s $60 billion merger, the company is prohibited from nominating, designating or appointing former Pioneer Chief Executive Officer Scott Sheffield to its board of directors.
More colloquially, a nerve rubbed raw, exposed. This is where things are on the issue of renegotiation of the 2016 Exxon oil contract. Write about that r-word, dare to whisper what is now taken as ...