News
Exxon freezes plans for major hydrogen plant amid weak customer demand
Exxon Mobil has paused plans to build what would be one of the world’s largest hydrogen production facilities due to weak customer demand,…
Tag
Exxon
Politics
Exxon Sues California for Violating Its Free Speech Rights
“Republicans’ reckless decisions are causing prices on everything to go up, from groceries to gas—Wisconsinites cannot afford to pay even…
News
Exxon restarts FCCU at Texas refinery, sources say
Exxon Mobil restarted the gasoline-producing fluidic catalytic cracking unit on Thursday (Oct 9) at its 612,000-barrel-per-day refinery in…
Politics
Trump’s Attacks on Climate Policy Are Even Hitting Exxon
Republicans’ tax bill would, however, severely limit a provision making it much easier for smaller firms to take advantage of the tax…
Business
Exxon enters talks to sell French business for 400 million euros
ExxonMobil entered exclusive talks to sell its entire 82.89 per cent stake in French unit Esso SAF, including a key refinery, to North…
Business
Exxon beats Wall Street profit estimate, boosted by Guyana and Permian production
ExxonMobil on Friday (May 2) beat Wall Street’s estimate for first-quarter profit as higher oil and gas production from Guyana and the…
News
Exxon and Chevron Report Lower Profits While Girding for Tariffs
The two largest U.S. oil companies reported their lowest first-quarter profits in years on Friday as they braced for the economic fallout…
Business
Aster Chemicals to bid for Exxon Mobil's Singapore fuel stations, sources say
Aster Chemicals and Energy, the new operator of the Bukom refining complex, is planning to bid for ExxonMobil’s petrol stations in…
Business
Exxon faces no shareholder proposals for first time in 25 years
It received only one proposal this year and the SEC agreed it should be discarded because “it tried to micromanage the company” ExxonMobil…
Business
Exxon CEO Woods compensation rose 19% in 2024
Woods’ pay package is about 231 times the average compensation of US$190,266 received by the oil major’s workers ExxonMobil CEO Darren…
Politics
Exxon, Chevron succumb to oil-refining slump as tariffs loom
PROFITS for Exxon Mobil and Chevron were slammed by slumping fuel margins as the prospect of US tariffs on two major oil suppliers…
Business
Exxon beats Q4 estimates with higher Permian, Guyana output
EXXONMOBIL on Friday (Jan 31) beat Wall Street’s estimate for fourth-quarter profit as higher oil and gas production offset lower oil…
News
Exxon Sues California Official, Claiming He Defamed the Company
Exxon Mobil sued California’s attorney general, the Sierra Club and other environmental groups on Monday, alleging that they conspired to…