Woods stated that major projects set for 2025 could contribute more than $3 billion in earnings potential by 2026. Key projects include Yellowtail in Guyana, Proxxima resin production, and advanced ...

An Exxon-led partnership recently approved the Hammerhead project in Guyana. The project is one of many that help fuel Exxon's bold 2030 plan. Chevron's acquisition of Hess gave it a stake in this ...

GEORGETOWN (Reuters) -U.S. oil major Exxon Mobil plans to boost natural gas output and supply in Guyana through a large-scale project announced on Wednesday, following the government's call for more ...

Darren W. Woods, Chairman and CEO, emphasized the strength of ExxonMobil’s diversified business, stating, "This quarter once again proved the value of our strategy and our competitive advantages. They ...

Guyana has emerged as a significant oil-producing nation due to major discoveries by ExxonMobil in the offshore Stabroek Block, positioning it to become a top global oil producer. ExxonMobil, with a ...

The Railroad Commission will determine whether the project meets state regulatory requirements following the prehearing.

Exxon Mobil Corporation (NYSE:XOM) shares are trading lower premarket on Friday. The oil giant anticipates changes in oil prices to add first-quarter Upstream earnings quarter-over-quarter by $0.0 ...

A joint venture of ExxonMobil and Woodside Energy has approved a $222-million project to drill new wells and boost natural gas production from fields in the Gippsland Basin offshore southeastern ...

ExxonMobil (NYSE: XOM) and its partners, which now include Chevron (NYSE: CVX), have approved the Hammerhead project offshore Guyana. The companies expect to invest $6.8 billion in developing the ...