The initial cost of the drilling is estimated at $240 million, equivalent to over $120 million for each well, the source noted ...

L-R: Chairman ExxonMobil Companies in Nigeria, Mr. Shane Harris; Outgoing President ExxonMobil Upstream, Mr. Liam Mallon; ...

The failure to implement the CSSP, critical for water injection and sustaining production, has stalled Iraq’s oil expansion.

President Trump has pressured U.S. drillers and Saudi officials to cut oil prices to help end the Ukraine war. The pressure is unlikely to bear fruit.

In a report released today, Neal Dingmann from Truist Financial maintained a Hold rating on Exxon Mobil (XOM – Research Report). The company’s ...

As a member of the Mississippi House of Representatives, I had the privilege of attending a recent CO 2 pipeline emergency ...

Chevron spent $11.8 billion in dividends and $15.2 billion on buybacks. On Friday, it raised its dividend by 5% -- marking ...

Investing in high-yielding dividend stocks can be an excellent way to generate recurring income. But an even better option ...

ExxonMobil (NYSE: XOM) has built a premier oil company. The energy giant has an unrivaled asset base. It controls a treasure ...

ExxonMobil Corp (XOM) generated strong cash flow from operations and free cash flow, although both were lower than last year.

ExxonMobil Guyana has let a contract to Baker Hughes to provide specialty chemicals and related services for its Uaru and ...

However, compared to ExxonMobil’s 8.3% annual free cash flow decrease, Chevron performed better at a 7.3% drop. Nonetheless, ...