Exxon’s Guyana venture boosts crude output to 770k barrels daily
The Guyana operation is one of the most important in the US energy major’s portfolio, and it has…
What ExxonMobil’s Comeback in Iraq Really Means
The signing of heads of agreement last week between U.S. energy supermajor ExxonMobil and Iraq’s Oil Ministry is…
Exxon Restarts Key Gasoline Unit After Brief Beaumont Refinery Outage
ExxonMobil has restarted the gasoline-producing fluid catalytic cracking unit (FCCU) at its massive Beaumont, Texas, refinery, two days…
ExxonMobil makes massive bet amid shakeup
ExxonMobil—the second largest oil and gas company by market cap and fourth largest by revenue—is engaged in a…
ExxonMobil Defies Weak Oil Prices With $500 Million Refining Boost
ExxonMobil Corp. expects to post a sharp rebound in refining profitability for the third quarter of 2025, forecasting…
Oil price fall turns up the heat on Big Oil’s bloated payouts
By America Hernandez and Stephanie Kelly PARIS/LONDON -The five biggest global oil majors are moving to cut costs,…
Supermajors Slim Down to Protect Shareholder Payouts
The world’s biggest international oil and gas firms are accelerating layoffs this year in search of further cost…
Standard Chartered: U.S. Oil Output To Peak in 2026
U.S. oil and gas giant, Exxon Mobil (NYSE:XOM), has predicted that we will fall far short of the…
Is Putin playing Trump or is Trump playing us?
With this week’s Russian missile and drone onslaught across Ukraine, which included the largest bombardment of Kyiv since…
U.S. shale oil boom transforms from money treadmill into cash cow, Chevron president says
For years Big Oil producers chased U.S. shale profits with big spending hikes while seeking something even more…
Russia Offers ExxonMobil Path Back to Sakhalin-1 Under New Terms – News and Statistics
Aug 19, 2025 On August 15, 2025, President Vladimir Putin signed an amendment to a 2022 decree concerning…
Exxon Will Benefit Most from South America’s Newest Petrostate
The South American country of Guyana has recently emerged as a world-recognized oil-producing nation. This occurred due to…