However, the changes, including many layoffs, aren't keeping it from making a big bet in the Middle East. The company has ...

US oil giant ExxonMobil has returned to Iraq after a two-year absence, reaching an initial agreement on Wednesday that could ...

Most oil majors need oil prices above $80 a barrel to sustain current levels of dividends and share buybacks, which hit ...

Oil prices are down about 9% from their highs of last week, including a 4.5% tumble this morning. The International Energy Agency just warned that oil demand will end this year weaker than predicted, ...

ExxonMobil Corp. expects to post a sharp rebound in refining profitability for the third quarter of 2025, forecasting a $500 ...

The world's top energy companies have slashed the value of their oil and gas assets by around $80 billion in recent months after revising lower the long-term outlook for fuel prices in the wake of the ...

Exxon's foray comes as the International Maritime Organization nears a landmark vote next week on binding climate measures.

The upcoming earnings reports for big oil and energy companies will tell a story of two different worlds. On the one hand, we will likely see lower profits from simply drilling for oil and gas (or the ...

The Trump administration is touting low pump prices, but oil and gas companies encountered headwinds in the second quarter. Officials with Exxon Mobil and Shell warned investors Monday that volatile ...

Shell's history in the Chukchi Sea reads like a rap sheet. Shell reached a settlement with the U.S. Environmental Protection Agency this September under which the company paid out $1.1 million for ...

Oil stocks tumbled on Tuesday, with both ExxonMobil (NYSE: XOM) and ConocoPhillips (NYSE: COP) shares sliding 2.8%, and Shell (NYSE: SHEL) falling 3.2% through 10:10 a.m. ET. After strengthening to a ...