Exxon Mobil's Joliet refinery remains offline after floodwater overwhelmed a pump following a power outage, disrupting fuel supply to the U.S. Midwest. The incident occurs amidst a tight global fuel m
Exxon Mobil's 264,000-barrel-per-day Joliet refinery experienced a power outage triggering a safety flare on Sunday. The disruption occurs amid tight global fuel markets, potentially exacerbating pric
Exxon Mobil raised its 2030 LNG sales forecast to 50 million tons amid strong Asian demand, despite geopolitical tensions affecting global supply. The company intends to expand capacity via projects l
Exxon Mobil forecasts a $3.5 billion to $3.9 billion rise in Q2 upstream earnings due to higher oil prices, as Brent crude averaged $93.58 per barrel amid geopolitical supply risks.
The US Supreme Court ruled in favor of Exxon Mobil, reviving its lawsuit against a Cuban state-owned enterprise over seized oil and gas assets. This decision overturns a lower court ruling on sovereig
Exxon Mobil signed a preliminary deal to supply LNG to South Africa's first import facility, the Zululand Energy Terminal. This supports the nation's energy security and transition away from coal-fire
Exxon Mobil struck a preliminary deal to supply LNG to South Africa's Eskom, aiming to reduce coal reliance and bolster the power grid. This aligns with Exxon's goal to double LNG supplies by 2030.
Exxon Mobil applied for EPA authorization for a 35-well exploration campaign in Guyana's Stabroek block, scheduled from 2028 through 2033.
Exxon Mobil plans to name Alex Volkov head of global trading following Tracey Gunnlaugsson's retirement, amidst reports of a $3.9 billion quarterly paper loss from derivatives.
Exxon Mobil commenced work at its Beaumont, Texas refining and petrochemical complex, notifying residents of increased flaring activity. The company did not specify which units within the 612,000 barr
Exxon Mobil's head of global trading Tracey Gunnlaugsson is retiring amid trading-related timing losses that dented Q1 net income. The departure highlights strategic differences between U.S. and Europ
Standard Bank estimates Exxon Mobil’s $30 billion Rovuma LNG project could boost Mozambique’s economy by $11 billion annually upon production starting in 2030. The initiative aims to reduce sovereign
A Texas jury found Exxon Mobil not liable for investor fraud claims regarding its Canadian oil sands and Rocky Mountain gas assets. Investors could not prove the company concealed losses or misvalued
Exxon Mobil is utilizing AI to process Guyana oil field seismic data in days rather than months, enabling the extraction of previously overlooked assets. This technological shift was highlighted by th
Exxon Mobil CEO Darren Woods signaled optimism regarding Venezuelan oil investments following regulatory changes, leveraging the nation's vast reserves. Meanwhile, rival Chevron anticipates debt repay
Exxon Mobil beat Q1 earnings estimates despite net income dropping to a five-year low due to Middle East conflict disruptions. Higher production in Guyana and Permian Basin partially offset losses fro
Exxon Mobil exceeded Q1 profit expectations with adjusted earnings of $1.16 per share, offsetting Middle East war losses through increased production in Guyana and the Permian Basin.
Exxon Mobil is exploring the sale of its Hong Kong Esso gas station network for $500 million to $600 million as part of a global strategy to streamline assets amidst crude market volatility.
ChemBrief