AFP via Getty Images ExxonMobil announced plans on Wednesday to raise its oil production by 18% by 2030, investing between $28 billion - $33 billion annually to make it happen.

ExxonMobil (NYSE: XOM) is an undisputed leader in the oil industry. With a roughly $450 billion market cap, it's the world's biggest international oil company (IOC) -- that is, not state-owned. It ...

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.

Oil giant ExxonMobil(NYSE: XOM) got caught in the crosshairs of these cuts. It stands to lose $332 million in funding for a carbon capture and sequestration (CCS) project at its refinery complex ...

Amid the ongoing tensions between Israel and Iran, ExxonMobil's CEO says there's enough spare capacity to offset any Iranian oil that comes off the market.

ExxonMobil also owns and operates the largest CO 2 pipeline network in the United States. In 2021, ExxonMobil announced Scope 1 and 2 greenhouse gas emission-reduction plans for 2030 for operated ...

ExxonMobil also owns and operates the largest CO 2 pipeline network in the United States. In 2021, ExxonMobil announced Scope 1 and 2 greenhouse gas emission-reduction plans for 2030 for operated ...

"ExxonMobil has no knowledge of Azari nor have we been involved in any hacking activities," the company said. The sentencing memo in Azari's case noted a private email among climate activists that ...

ExxonMobil XOM 0.38% expects falling oil prices to drag on fourth-quarter earnings, while higher gas prices will provide a boost. The oil company on Tuesday said it expects receding liquids prices ...

Energy major ExxonMobil has entered into exclusive negotiations with the French unit of Canadian energy group North Atlantic to divest its majority-owned French subsidiary Esso , it said on Wednesday.

ExxonMobil is in discussions with a consortium led by Italy's Eni and France's Total to jointly develop substantial gas deposits discovered off Cyprus' southern coast, according to Cypriot energy ...