Exxon’s earnings in the latest quarter still beat estimates and Woods signalled optimism about the coming year. He raised Exxon’s spending target after boosting capital spending in the most recent quarter by 4 per cent from a year ago.
Exxon Mobil aims to become a leading producer of lithium for electric vehicle batteries through a drilling operation the oil giant is launching in Arkansas, the company announced Monday.
Exxon Mobil Chief Executive Darren Woods said on Thursday that he aims to double the amount of oil produced from the company’s U.S. shale holdings over a five-year period using new technologies.
Exxon Mobil subsidiary XTO Energy has agreed to sell oil and gas assets in the Freestone Trend area of East Texas to the Houston-based oil company Hilcorp Energy
Exxon Mobil Corporation (NYSE: XOM) and Pioneer Natural Resources (NYSE: PXD) jointly announced a definitive agreement for ExxonMobil to acquire Pioneer.
In a story that should surprise no one, the Wall Street Journal and others are reporting that the long-anticipated deal between U.S. energy giant ExxonMobilXOM -1.7% and Permian Basin titan Pioneer Natural ResourcesPXD +10.5% could finally be upon us.
ExxonMobil Corp. and Chevron Corp. are both on course to grow production from the Permian basin by 10% this year, more than double the rate of their smaller rivals.
XTO Energy subsidiary of Exxon Mobil since 2010, XTO Energy owns interests in about 40,000 producing oil and natural gas wells across the US is transferring/selling Haynesville 300 miles of pipeline assets to Faulconer Energy LLC.
By 2027, Exxon aims to produce up to one million barrels of oil equivalent per day in the Permian Basin.
ExxonMobil and Scepter, Inc. have agreed to work together to deploy advanced satellite technology and proprietary data processing platforms to detect methane emissions at a global scale.
