Texas Oil Giant To Lay Off a Quarter of Its Staff
Houston-based ConocoPhillips plans to lay off up to a quarter of its workforce as part of a broad…
Exxon starts production at fourth floating oil vessel in Guyana
GEORGETOWN (Reuters) -An Exxon Mobil-led consortium began production at a fourth floating production, storage and offloading vessel at…
Chevron wins legal battle against Exxon over Guyana oil, facilitating $53B Hess deal
Chevron has a clear way for the major oil company to complete its $53 billion acquisition of Hess…
U.S. Energy Secretary Pushes Back on the EIA’s Oil Decline Narrative
By Irina Slav – Jun 12, 2025, 3:19 AM CDT
Energy Secretary Chris Wright disagrees with…
Guyana Oil Boom Lifts Exxon-Led Group’s 2024 Profit to $10.4 Billion
6/4/2025 (Reuters) — An oil-producing consortium in Guyana comprising Exxon Mobil, Hess and CNOOC posted a 64% surge…
Trump Tariffs and Low Oil Prices Hit U.S. Energy Deals Hard
After two years of booming activity, the merger and acquisition space in the U.S. has slowed down significantly.…
Exxon, ADNOC agree to boost capacity of offshore oil field
(Bloomberg) – The United Arab Emirates and Exxon Mobil Corp. agreed to expand the nation’s oil production capacity. …
Big Oil earnings show split in production strategy, shareholder returns
Exxon and Shell maintain buybacks amid oil price slump Chevron and BP reduce buybacks due to market conditions…
Trump’s Tariffs Are a Catastrophe for Oil
President Donald Trump campaigned on a promise to “drill, baby, drill” and help the American oil and natural…
Exxon Seeks Permit for Gas Production, LNG Project as Output Rises in Guyana
2/12/2025 (Reuters) — A consortium led by Exxon Mobil has requested environmental permits from Guyana for its eighth…
Exxon, Chevron Succumb to Oil-Refining Slump as Tariffs Loom
(Chevron by David Payl Morris/Bloomberg; Exxon by Andrew Harrer/Bloomberg) [Stay on top of transportation news: Get TTNews in…
Exxon CEO: Natural Gas Timeline for Data Centers Faster Than Nuclear
Exxon Mobil, which reported earnings Friday, has entered the race to power AI data centers.CEO Darren Woods said…