Exxon Mobil is building a natural gas power plant and implementing carbon capture technology to power AI data centers.

Big Oil executives this week saw little prospect of a near-term improvement in refinery profits after Chevron , Exxon Mobil and Shell all reported fourth-quarter earnings that were hit hard by a ...

United States-based Guyanese Edul Ahmad, who was convicted in New York for mortgage fraud, has inked an agreement for the purchase of land near ExxonMobil’s new headquarters at Ogle, East ...

Exxon Mobil (XOM) shares fell 2% on Friday after its fourth-quarter revenue fell short of Wall Street estimates. According to ...

Since 2019, the operator achieved $12.1 billion of cumulative Structural Cost Savings, including $2.4 billion of savings ...

Darren Woods, Chairman and CEO, highlighted that Exxon Mobil achieved earnings of $34 billion in 2024, marking its third-highest result in the past decade despite softer market conditions. Cash flow ...

The Exxon Mobil-controlled Canadian energy company on Friday posted a decline in net income to 1.23 billion Canadian dollars ($848.7 million), or C$2.37 a share, down from C$1.37 billion, or C$2.47 a ...

The spotlight this week on Chinese company DeepSeek’s sophisticated, less resource-intensive artificial intelligence model has investors questioning just how enduring AI-powered electricity demand ...

Key stats: Exxon repurchased $19 billion in shares in 2024 and will repurchase $20 billion in 2025 and 2026. At year-end, the net debt-to-capital ratio ticked up to 6%, but it remains very low.

Production in both the US Permian shale basin and Guyana reached a record high, with Guyana volumes recovering after ...

ExxonMobil's profits topped analyst estimates despite lower revenue than expected for the fourth quarter as the oil and gas giant said its production in 2024 hit its highest level in over a decade.

However, total revenue for the quarter was $83.4 billion, falling short of the anticipated $86.33 billion. Free cash flow of ...