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ExxonMobil

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  • Tuesday, 20 February, 2024
    Europe Express
    Why EU businesses want a break from red tape and green rules Premium content

    Also in this newsletter: Warsaw and Brussels seek an end to their legal fight

    Belgian Prime Minister Alexander de Croo, right, and Margrethe Vestager, second from left
  • Wednesday, 14 February, 2024
    Venezuela
    Venezuela troop build-up breaches international law, warns Guyana

    Foreign minister says Caracas is seeking to push Georgetown into settling territorial dispute over oil-rich region

    Guyanese foreign minister Hugh Todd speaks to the pres from behind a podium
  • Tuesday, 13 February, 2024
    Exxon accused of ‘bullying’ tactics in legal pursuit of climate activist investors

    Shareholder group Follow This seeks to dismiss US oil major’s lawsuit after dropping green resolution

    Exxon’s logo on a petrol station in the US
  • Friday, 9 February, 2024
    Moral Money
    Investors sound alarm over shareholder rights Premium content

    Fears raised that Exxon’s lawsuit against a climate resolution could have a chilling effect on activism

    Prices are displayed at an Exxon petrol station
  • Thursday, 8 February, 2024
    InterviewNorway's Oil Fund
    Norway oil fund boss criticises ExxonMobil’s ‘aggressive’ climate lawsuit

    Top-10 shareholder weighs in on supermajor’s case against now-withdrawn emissions targets proposal

    Nicolai Tangen speaks to the media
  • Wednesday, 7 February, 2024
    News in-depth
    ExxonMobil takes legal hammer to climate shareholder groups

    Oil supermajor’s case against Follow This and Arjuna Capital grabs attention of corporate America

    Exxon chief Darren Woods, left, and Mark van Baal of Follow This
  • Sunday, 4 February, 2024
    InterviewOil & Gas industry
    Biden decision will ‘erode confidence’ in LNG industry, Shell CEO says

    Oil executives hit out at administration’s move to pause approvals for LNG export terminals

  • Friday, 2 February, 2024
    Investors pull ExxonMobil climate motion after oil supermajor sues

    Follow This and Arjuna Capital had called on US company to set more ambitious climate targets

    An Exxon fuel storage facility
  • Friday, 2 February, 2024
    Oil & Gas industry
    ExxonMobil and Chevron notch second-biggest annual profits in decade

    Surging US oil production boosts earnings despite slide in prices after record 2022

    Pump jacks at the Permian Basin in Texas
  • Monday, 22 January, 2024
    ExxonMobil sues to block shareholder climate petition

    Oil company files lawsuit to prevent vote on motion calling for faster reductions in emissions

    ExxonMobil logo is seen in this illustration with oil rigs
  • Wednesday, 6 December, 2023
    ExxonMobil aims for higher oil production with capital spending boost

    Supermajor targets annual project investment of $22bn-$27bn through 2027 and 10% rise in output

    ExxonMobil sign at a conference
  • Wednesday, 6 December, 2023
    LexOil & Gas industry
    US oil production: record output at low prices a troubling combination Premium content

    Consolidation may force greater discipline, reining in excess investment and operating overheads

    ExxonMobil storage tanks
  • Saturday, 2 December, 2023
    COP28
    UN climate talks have focused on renewable energy for too long says Exxon chief

    Darren Woods tells FT that oil and gas major has a role to play in reducing emissions

  • Wednesday, 29 November, 2023
    ExxonMobil makes U-turn on monitoring its methane emissions

    US oil major joins UN’s flagship reporting programme after years of resisting external scrutiny

    Steam rises from towers at an Exxon refinery in Texas
  • Tuesday, 14 November, 2023
    Energy Source
    Energy’s ‘urgent’ methane problem  Premium content

    Also in today’s newsletter, Exxon’s foray into lithium and a Russian oil scoop

    A gas flare
  • Monday, 13 November, 2023
    Exxon to begin producing lithium to feed surging battery demand

    Oil producer has acquired rights to 120,000 acres of land in Arkansas as part of big strategic pivot

    A VW electric SUV
  • Friday, 10 November, 2023
    Markets InsightCharlie Penner
    Exxon and Chevron deals point to Big Oil’s needed shift

    Acquisitions will allow more room to manoeuvre if energy transition picks up pace

    An Exxon sign at a petrol station
  • Wednesday, 1 November, 2023
    Behind the Money podcast15 min listen
    Big Oil’s big bet

    Forecasts show that demand for oil is reaching its peak, so why are US supermajors doubling down?

  • Tuesday, 31 October, 2023
    Mergers & Acquisitions
    Oil sector megadeals open fee gusher for Goldman and Morgan Stanley

    The two banks are the biggest winners on Wall Street as energy industry bucks M&A downturn

  • Sunday, 29 October, 2023
    Chevron Corp
    ‘Jewel in the crown’: Chevron follows Exxon to Guyana’s oil riches

    US supermajors open a controversial fossil fuel frontier in one of Latin America’s poorest nations

    A supply ship waits to be loaded in Georgetown, Guyana, before ferrying goods to ExxonMobil’s nearby oil tanker platform
  • Friday, 27 October, 2023
    ExxonMobil seeks more M&A opportunities after $60bn Pioneer deal

    Quarterly profits at oil group and rival Chevron miss Wall Street expectations

  • Monday, 16 October, 2023
    FT News Briefing podcast10 min listen
    Israel prepares to invade Gaza

    Behind ExxonMobil’s contrarian $60bn oil bet

  • Friday, 13 October, 2023
    News in-depthPioneer Natural Resources Co
    ‘As big as Saudi Arabia’: the Permian oilman who sold Pioneer to Exxon

    Scott Sheffield built the oil company into the biggest producer in Texas

    Scott Sheffield speaking at a conference
  • Thursday, 12 October, 2023
    News in-depth
    Behind ExxonMobil’s contrarian $60bn oil bet

    Purchase of Pioneer Natural Resources boosts US group’s Permian Basin inventory as fossil fuel debate heats up

    A crude oil pump jack and flare burning excess gas at a drill pad in the Permian Basin in Texas
  • Thursday, 12 October, 2023
    Due Diligence
    ExxonMobil gets its ‘mother fracker’ Premium content

    Plus, Birkenstock steps into a rocky IPO market and Sequoia’s former China arm plots a new future

    The Due Diligence logo
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