ExxonMobil und Partner investieren 1 Mrd. USD in das Usan-Infill-Projekt vor Nigerias Küste. Ziel ist eine Steigerung der Förderung um 40.000 Barrel pro Tag. Dies markiert die Rückkehr zu Bohraktivitäten nach 2016.
ExxonMobil expects a $5 billion profit increase in Q2 due to rising oil prices and refining margins. Kuwait's budget deficit widened to $23.1 billion amid falling oil revenues. South Korean stocks fell sharply, led by semiconductor companies, amid AI spending concerns.
Exxon Mobil prognostiziert für das zweite Quartal einen Gewinnsprung von rund fünf Milliarden Dollar, getrieben durch höhere Ölpreise infolge des Iran-Krieges und verbesserte Raffineriemargen. Analysten erwarten einen bereinigten Gewinn von 15,7 Milliarden Dollar.
ExxonMobil and QatarEnergy signed a "declaration of marketability" with Cyprus for two natural gas discoveries in Block 10. The Glaucus and Pegasus fields, holding over 7 trillion cubic feet of gas, are expected to start flowing by 2033, bolstering Europe's energy diversification from Russian gas.
97% of Dell Technologies shareholders approved relocating the company's legal base from Delaware to Texas, aligning with its headquarters and largest US employee base.
Dell Technologies shareholders approved moving the company's legal base from Delaware to Texas with 97% approval, aligning its legal home with its Austin headquarters and largest employee base, following similar moves by other tech and energy giants.
US President Donald Trump has ordered the Department of Justice to investigate major energy companies, including Chevron, ExxonMobil, Shell, and BP, for allegedly "gouging" drivers by not lowering fuel prices despite a significant drop in wholesale oil costs. The American Petroleum Institute disputes the claim, citing ongoing supply issues.
The US Supreme Court ruled 6-3 that ExxonMobil can sue Cuban state-owned companies in US courts over property seized after Fidel Castro's rise to power. The decision, based on the 1996 Helms-Burton Act, reverses lower court rulings and allows claims for confiscated assets.
한국남부발전이 미국 뉴저지에서 엑손모빌과 미국 내 가스복합 발전 사업 개발 및 LNG 공급망 협력을 위한 MOU를 체결했다. 양사는 미국 전력 밸류체인 투자 기회를 공동 검토하고, AI 산업 성장으로 인한 전력 부족 문제 해결에 기여할 것으로 기대된다.
QatarEnergy, ExxonMobil, and Egypt's Ministry of Petroleum have signed an MOU to explore developing and exporting gas discovered off Cyprus via Egypt's infrastructure to European markets.
ExxonMobil is reportedly in negotiations to resume oil production in Venezuela after a 20-year absence. The potential deal, which could be finalized this month, involves up to six oil fields. This move is influenced by rising global oil prices due to the Middle East conflict and strategic pressure from competitor Chevron's expansion in Venezuela.
ExxonMobil warns EU's new methane rules, effective 2027, could cut gas supply by 43% and oil by 87% due to stringent reporting requirements, risking higher prices and deindustrialization.
Egypt signed a memorandum of understanding with ExxonMobil and QatarEnergy to enhance cooperation in utilizing Egypt's natural gas infrastructure and exploring links to Cypriot discoveries. The agreement aims to position Egypt as a regional energy hub.
Dopo l'allarme dell'AIE sulla riduzione delle scorte di gas, si moltiplicano i commenti preoccupati da UBS, Saudi Aramco ed Exxon. Il gas è vitale per 3,4 miliardi di persone.
Le scorte mondiali di greggio si avvicinano ai minimi degli ultimi 10 anni, con il rischio di un nuovo balzo dei prezzi. Ubs e il CEO di Exxon Darren Woods lanciano l'allarme, citando la minore domanda e il potenziale blocco dello Stretto di Hormuz.
Exxon Mobil's low dividend yield prompts a 'buy-write with a twist' strategy for income investors, combining income generation with potential for capital appreciation.
The Trump administration is inviting CEOs from Nvidia, Apple, Exxon, Boeing and other big companies to accompany the president on his trip to China next week, Semafor reported on Thursday. Executives from Qualcomm, Blackstone, Citigroup and Visa are also on the invitation list, according to the report. A person familiar with the matter confirmed that Citigroup CEO Jane Fraser was invited. Qualcomm confirmed the invitation but declined to comment further. Reuters was not able to confirm the...
The Trump administration is inviting CEOs from Nvidia, Apple, Exxon, Boeing and other big companies to accompany the president on his trip to China next week, Semafor reported on Thursday. Executives from Qualcomm, Blackstone, Citigroup and Visa are also on the invitation list, according to the report. A person familiar with the matter confirmed that Citigroup CEO Jane Fraser was invited. Qualcomm confirmed the invitation but declined to comment further. Reuters was not able to confirm the...
The Trump administration is inviting CEOs from Nvidia, Apple, Exxon, Boeing and other big companies to accompany the president on his trip to China next week, Semafor reported on Thursday. Executives from Qualcomm, Blackstone, Citigroup and Visa are also on the invitation list, according to the report. A person familiar with the matter confirmed that Citigroup CEO Jane Fraser was invited. Qualcomm confirmed the invitation but declined to comment further. Reuters was not able to confirm the...
Exxon Mobil CEO Darren Woods warned investors Friday that the market has not absorbed the full impact of unprecedented oil supply disruption from the Iran war and Strait of Hormuz closure. While prices have been mitigated by tankers in transit and strategic reserves, these sources will exhaust as the conflict continues. Oil prices will rise further if the strait remains closed, with Exxon expecting a 750,000 bpd production decline in the Middle East if the closure extends through Q2.
Exxon Mobil and Chevron reported Q1 profit declines of 46% and 37% respectively, despite oil prices reaching levels unseen since 2022. Exxon's earnings fell to $4.2B from $7.7B, while Chevron dropped to $2.2B from $3.5B. Both companies cited timing effects and Middle East supply disruptions, with Exxon saying excluding these effects it would have reported $8.8B profit. Both beat Wall Street expectations.
Malgré un chiffre d’affaires supérieur aux attentes, le géant pétrolier américain voit son bénéfice net chuter de 45,78% sur un an.
Exxon Mobil and Chevron reported steep profit declines in Q1 despite surging oil prices from the Iran war. Exxon's net income fell 45% to $4.2 billion, while Chevron's dropped 36% to $2.2 billion. Both companies took massive hits from unfavorable financial hedges related to the Feb. 28 Iran attack, which caused the largest oil supply disruption in history.
WPP accused of breaching its climate policy after report reveals firm linked to twice as much oil advertising as US rivalsA British advertising conglomerate has helped the oil companies ExxonMobil, Chevron, Shell and BP spend an estimated $1.5bn (£1.1bn) on adverts in the US since the 2015 Paris agreement to tackle the climate crisis, a report shows.London-based WPP was the leading advertising group serving the US’s oil industry over the past decade, according to analysis by the climate investigations platform DeSmog. The figure is nearly twice the respective amounts linked to its US rivals Omnicom and Interpublic Group (IPG), which merged in November. Continue reading...
