A U.S. National Labor Relations Board administrative law judge has ruled Exxon Mobil's 10-month-long lockout of some 600 union workers at a Texas oil refinery during a contract dispute was legal.
The FBI has been investigating a longtime Exxon Mobil consultant over the contractor's alleged role in a hack-and-leak operation that targeted hundreds of the oil company's biggest critics, according to three people familiar with the matter.
Exxon Mobil Corp (NYSE:XOM, ETR:XONA)'s investments in low carbon markets provided long-term growth opportunities for the energy company, analysts at UBS believe. “Exxon's growing Low Carbon business is one of the five key drivers behind our view that Exxon is the best stock across our coverage to own for the next five years,” analysts wrote in a note to clients.
XOM rejects aggressive drilling despite Trump's pro-energy agenda, focusing on disciplined growth and efficiency in shale production.
ExxonMobil's decision to exit Block 52 is part of a broader effort by the U.S. energy giant to evaluate its assets and optimize its global portfolio.
U.S. oil and gas producers are unlikely to radically increase production under president-elect Donald Trump as companies remain focused on capital discipline, a senior executive at Exxon Mobil said on Tuesday.
XOM, like many other major energy companies, is trying to explore new energy reserves in the Mediterranean region to diversify from Russia.
U.S. oil major Exxon Mobil has pulled out of negotiations with Guyana's government on terms for exploring and developing a shallow-water block, the South American country's vice president said on Thursday.
Exxon Mobil Corp , which is facing a California lawsuit over its alleged role in global plastic waste pollution, will expand plastics recycling that allows it to replace fossil fuels with discarded bottles and bags, the company said on Thursday.
[00:00:00] Doug: We've got a very interesting situation with oil right now.
Exxon Mobil said on Wednesday it has signed a non-binding lithium supply deal with battery parts maker LG Chem , the oil giant's second agreement to supply the electric vehicle battery metal from its proposed Arkansas project.