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    Exxon Mobil Corp

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    • Wednesday, 9 August, 2023
      ETF HubLatest news on ETFs
      Exxon nemesis Engine No. 1 drops activism in hunt for new identity

      Firm ditches ETF business and takes stake in miner Vale two years after winning proxy battle

      A montage of Chris James, Engine No. 1 chief investment officer, with its logo in the background
    • Sunday, 30 July, 2023
      Oil & Gas industry
      Oil majors to face energy transition scrutiny as war profit boost fades

      Focus likely to return to decarbonisation as supply threat brought by Russia’s invasion of Ukraine recedes

      A BP petrol station sign in Essex
    • Friday, 28 July, 2023
      ExxonMobil profits slide as oil prices return to ‘normal’

      US group becomes latest oil major to report shrinking earnings as prices moderate following jump caused by Ukraine war

      A car drives past storage tanks with the ‘Esso-ExxonMobil’ logo of the Esso-ExxonMobil refinery site
    • Thursday, 13 July, 2023
      LexOil & Gas industry
      Exxon/Denbury: drillers seek to capture carbon and clean energy sector respect Premium content

      Energy company announces that it would sell itself for $4.9bn

      A worker walks past a gas manifold at an oil works
    • Thursday, 13 July, 2023
      Exxon boosts low-carbon efforts with $4.9bn deal for Denbury Resources

      All-stock deal gives oil supermajor access to largest CO₂ pipeline network in the US

      An ExxonMobil refinery in Baytown, Texas
    • Wednesday, 31 May, 2023
      Exxon and Chevron shareholders cut support for climate resolutions

      Annual meeting votes highlight differences between investors at US and European oil companies

      The logos of Chevron and ExxonMobil
    • Friday, 26 May, 2023
      Oil & Gas industry
      Norway’s oil fund sides with climate activists against Exxon and Chevron

      World’s biggest sovereign wealth fund attempts to force policy change at US groups despite backing European oil majors

      Just Stop Oil climate activists march in central London as part of their campaign calling on the UK government to end approval for exploring, developing and producing fossil fuels
    • Monday, 8 May, 2023
      The Big Read
      What is really driving ExxonMobil’s clean energy commitments?

      The oil major says it is investing in low-carbon technologies. Pressure from shareholders has played a part — but so have tax incentives

      Montage image of Exxon’s logo on a green and red background, with industrial equipment
    • Friday, 28 April, 2023
      LexOil & Gas industry
      Exxon/Chevron: time to talk about that cash pile Premium content

      Last year, they rewarded shareholders and paid down debt, now they can afford to go shopping

      In the US, ExxonMobil and Chevron collectively made more than $18bn in net income during the first quarter
    • Friday, 28 April, 2023
      Exxon and Chevron profits slide from record highs

      US oil majors facing weaker energy markets as global economy slows

      Logos of Chevron and Exxon
    • Monday, 17 April, 2023
      Climate change
      UK’s biggest asset manager LGIM challenges Exxon’s climate plans

      Investor joins forces with Christian Brothers over concerns oil major is failing to disclose green transition costs

      The Fawley oil refinery in Hampshire, UK. operated by Exxon
    • Thursday, 13 April, 2023
      Exxon chief’s pay jumps 52% after oil boom

      Darren Woods joins the list of executives benefiting from a surge in industry profits since start of war in Ukraine

      Darren Woods
    • Tuesday, 4 April, 2023
      Exxon says low-carbon business could one day eclipse oil and gas

      Texas oil major says government incentives are critical to profiting from energy transition

      ExxonMobil logo and stock graph
    • Tuesday, 7 March, 2023
      Oil & Gas industry
      Oil groups line up for billions in subsidies under US climate law

      Inflation Reduction Act’s tax credits include technologies favoured by fossil fuel sector

      An ExxonMobil oil refinery in Louisiana
    • Saturday, 25 February, 2023
      Oil & Gas industry
      Dutch gasfield that caused earthquakes earned oil majors billions

      Netherlands says it will end extraction at Groningen this year despite pressure from EU states

      Aerial view of a natural gas extraction plant in Groningen, Netherlands
    • Thursday, 9 February, 2023
      ExxonMobil boosts energy trading ambitions to compete against peers

      New division will be aimed at ‘driving commercial intensity’ for US oil and gas company

      Exxon logo
    • Tuesday, 31 January, 2023
      Lex
      Exxon: Big Oil should invest forward, not buy back Premium content

      Profit growth was already starting to decelerate in the fourth quarter

      Exxon and Chevron generated nearly $100bn in free cash flow last year
    • Tuesday, 31 January, 2023
      Energy Source
      Dispatch from the bustling Permian Premium content

      Also in today’s newsletter, scepticism surrounds a new discovery of rare earths

      Carlsbad, New Mexico
    • Tuesday, 31 January, 2023
      ExxonMobil posts record $56bn profit

      Results show scale of windfall from high oil prices following invasion of Ukraine

      A vehicle drives past an Exxon petrol station in Washington, DC
    • Thursday, 26 January, 2023
      Oil & Gas industry
      Big Oil’s profits juggernaut on pace to slow but not stop

      Five western supermajors forecast to earn $150bn in 2023, down by a quarter from record year

      A Chevron gas station sign in Houston, Texas
    • Tuesday, 24 January, 2023
      Anjana Ahuja
      ExxonMobil shows the perils of corporate science

      The conglomerate’s research on climate change was much more accurate than its public messaging

      Andy Carter illustration of a suited business person sweeping scientists and carbon emissions under the rug
    • Sunday, 1 January, 2023
      Oil & Gas industry
      Exxon and Chevron share $100bn in profit after surge in oil prices

      Record haul during Ukraine war marks reversal of fortunes after pandemic demand crash

      Wilmington Oil Fields south of Los Angeles
    • Wednesday, 28 December, 2022
      Exxon sues EU in move to block new windfall tax on oil companies

      Supermajor says Brussels exceeded legal authority by imposing levy set to raise up to €25bn

      The Esso Fawley Oil Refinery, operated by Exxon Mobil Corp. in Fawley, UK
    • Tuesday, 20 December, 2022
      US equities
      Tesla share slide sends valuation below ExxonMobil

      Investors have flocked to Big Oil this year while fleeing Elon Musk’s electric-car maker

    • Sunday, 18 December, 2022
      ESG investing
      Activist group Follow This launches climate campaign against Big Oil

      Shareholder resolutions filed calling on companies to cut emissions more aggressively

      Logos of Shell, Exxon, Chevron and BP
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