In addition to its dividend, Exxon Mobil is returning a lot of capital to shareholders via share repurchases.The Texas-based company plans to buy back $20 billion worth of shares in 2025 and ...
AI continues to reshuffle power and energy markets with even oil giants like Exxon Mobil getting into the mix. Exxon announced this week that it’s planning to build a power plant for data ...
Exxon Mobil Corp. filed a federal defamation lawsuit against California Attorney General Rob Bonta and several environmental groups, months after Bonta sued the oil and gas giant alleging that it ...
Smoke rises from a fire at Exxon Mobil's refinery and chemical plant complex in Baytown in 2019. Credit: REUTERS/Erwin Sweba Audio recording is automated for accessibility. Humans wrote and edited ...
Integrated energy companies like Exxon and Chevron have exposure to all three segments of the broader energy industry. Although oil and natural gas prices are still the driving force behind ...
Exxon expects to deliver an additional $20 billion in earnings and $30 billion in cash flow by 2030. The oil giant plans to invest heavily in its best resources. It also expects to continue ...
ExxonMobil and Chevron are two of the largest and financially strongest integrated energy companies. If you only want to own one integrated energy company, you should probably pick Chevron today.
By Rebecca F. Elliott Demand for electricity is rising so quickly in the United States that even Exxon Mobil, the country’s largest oil and gas company, is planning to get into the power business.
HOUSTON — A federal court on Wednesday affirmed a federal judge’s 2021 ruling imposing a $14.25 million penalty on Exxon Mobil for thousands of violations of the federal Clean Air Act at the ...
US multinational oil and gas major ExxonMobil has revealed plans for a new 1.5GW natural gas-fired power plant dedicated to powering data centers. The project is in the early stages of development. It ...
ExxonMobil is shifting into high gear with its P’nyang gas field in Papua New Guinea (PNG), fast-tracking the project by “years sooner than previously envisaged”. This acceleration comes as ...
HOUSTON, Dec 11 (Reuters) - (This Dec. 11 story has been corrected to say sequestration could produce solid returns, but are not currently, in paragraph 17) Exxon Mobil (XOM.N), opens new tab said ...