In a year when households worldwide faced rising energy prices and high costs of consumer goods, Exxon Mobil saw record annual profits in 2022. According to yearly earnings released Tuesday ...

Exxon's results far exceeded the then-record $45.2 billion net profit it reported in 2008, when oil hit $142 per barrel, 30% above last year's average price. Deep cost cuts during the pandemic helped ...

Exxon Mobil Corp is expected to sell operations of an oil field off the coast of California, in which it is estimated to lose $2 billion in the transaction to Sable Offshore. A conservative group ...

It describes how Exxon conducted cutting-edge climate research decades ago and then pivoted to work at the forefront of climate denial, manufacturing doubt about the scientific consensus that its ...

It's a critical moment. ExxonMobil wants to restart offshore drilling in the Santa Barbara Channel, putting the California coastline at great risk of another massive oil spill. We’re not going to let ...

Cosse added that the depth “exceeds the current record” for such exploration ... led by France's Total and U.S.-based super major ExxonMobil Corp started this week drilling for oil off ...

It has been about a month since the last earnings report for Exxon Mobil (XOM). Shares have lost about 3.4% in that time frame, outperforming the S&P 500. Will the recent negative trend continue ...