US supermajor ExxonMobil has relinquished a pair of exploration blocks offshore Brazil, after an attempt to unlock hydrocarbons in the ultra-deepwater section of the Sergipe-Alagoas basin ended ...

Exxon Mobil Corporation XOM is moving closer to expanding its oil output in Guyana, as its fourth floating production storage and offloading (FPSO) vessel, One Guyana, begins the installation ...

BAYTOWN, Texas — An operational issue at ExxonMobil's Baytown Olefins Plant triggered safety flaring procedures, according to an alert from the plant. The incident was reported Wednesday evening ...

An exploration drill by ExxonMobil offshore Cyprus has failed to find commercial quantities of natural gas, the island's energy ministry said on Monday. Drilling operations had been completed at ...

Exxon Mobil Corporation XOM, the U.S. oil and gas giant, has failed to find commercially feasible natural gas reserves at an exploratory well, namely Elektra-1, which was drilled offshore Cyprus ...

An "operational issue" at ExxonMobil's Baytown Olefins Plant Wednesday evening has led to safety flaring, visible in much of the area. In a statement, ExxonMobil said crews were working to ...

The drilling was carried out by a consortium led by ExxonMobil Exploration and Production Cyprus, with QatarEnergy International E&P LLC as partner. While the well did confirm the presence of a ...

Chevron is nearing its 2025 target of 1 million barrels of oil equivalent per day (BOE/d) in the Permian, and ExxonMobil boosted Permian output to 1.185 million BOE/d in 2024 after acquiring ...

NICOSIA (Reuters) - An exploration drill by ExxonMobil offshore Cyprus has failed to find commercial quantities of natural gas, the island's energy ministry said on Monday. Drilling operations had ...

UBS lowered the firm’s price target on Exxon Mobil (XOM) to $131 from $135 and keeps a Buy rating on the shares. Following Exxon’s Q1 “Earnings Consideration” note, the firm lowered its Q1 ...

Companies with competitive advantages, like ExxonMobil, may be able to take market share during a downturn. Investors who use dividends for financial planning or to supplement income in retirement ...

Exxon Mobil Corporation XOM, the U.S. oil and gas giant, has failed to find commercially feasible natural gas reserves at an exploratory well, namely Elektra-1, which was drilled offshore Cyprus ...