Drilling indicated about 350 m of gas-bearing reservoir. Further assessment will be required in the coming months to evaluate ...

The preparations come as both companies await a decision in a legal challenge from larger rival ExxonMobil that will make or break the $53-billion deal.

Meanwhile, gas price fluctuations could cause ExxonMobil’s haul to drop by anywhere between $300 million and $700 million, ...

Exxon Mobil expects Q2 upstream earnings to fall as weaker oil and gas prices weigh on exploration and production activities.

Key Takeaways Exxon Mobil Corp. said lower oil and gas prices will impact current quarter profit by up to $1.9 billion.The ...

Economist Michael Ash shares new data on racial disparities in the industry — a major purveyor of environmental racism.

ExxonMobil has revealed a few more intriguing details on its latest gas discovery offshore Cyprus, but has not yet offered an ...

In total, the oil and gas Petrobras is set to produce by 2050 will emit an equivalent of 7.9 billion tonnes of CO2 – ...

Venture Global is profiting heavily by selling LNG from its not-yet-commissioned Plaquemines plant on the spot market while ...

ExxonMobil has forecast a reduction of $1.5bn in its second-quarter (Q2) earnings 2025 due to lower oil and gas prices, as ...

This is the second such discovery made by the consortium off Cyprus following a significant finding made in 2019 on Block 10. A consortium led by QatarEnergy and ExxonMobil ...

UBS has reaffirmed its Buy rating on ExxonMobil (NYSE: XOM), maintaining a $130 price target as the energy giant prepares to ...