Exxon Mobil is a multinational oil and gas corporation engaged in the exploration, production, refining, and distribution of petroleum and petrochemical products. The company operates in various segments, including upstream operations, which involve the extraction of crude oil and natural gas, and downstream operations, which focus on refining and marketing fuels and lubricants. Additionally, Exxon Mobil invests in alternative energy solutions and technologies, contributing to ongoing efforts to address global energy challenges. With a significant presence in multiple countries, the company plays a vital role in supplying energy and products to meet the demands of consumers and industries worldwide. Read More
The U.S. President stated that Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick will send letters indicating what their trade partners will pay to do business in the United States.
Xvand Technology Corporation marks 25 years in business, celebrating its pioneering role in delivering enterprise-grade IT solutions tailored specifically for small and medium-sized businesses from its Houston headquarters.
Exxon Mobil Corporation (NYSE: XOM) today announced Neil Chapman, Senior Vice President, will conduct a fireside chat at the Bernstein 41st Annual Strategic Decisions Conference in New York on May 29, 2025, at 8 a.m. ET.
Oil prices saw a considerable drop on Thursday. This decline is attributed to the potential U.S.-Iran nuclear deal and a sudden increase in U.S. crude oil inventories, triggering concerns of oversupply.
Exxon Mobil Corp (NYSE:XOM) offers a reliable 3.73% dividend yield, strong profitability, and financial stability, making it a solid choice for income investors.
ExxonMobil (XOM) and Marubeni Corporation signed a long-term deal for Marubeni to purchase 250,000 tonnes of low-carbon ammonia annually from ExxonMobil's Baytown, Texas facility.
Marubeni Corporation (Marubeni) and Exxon Mobil Corporation (ExxonMobil) (NYSE: XOM) have signed a long-term offtake agreement for approximately 250,000 tonnes of low-carbon ammonia per year from ExxonMobil’s facility in Baytown, Texas, which is expected to produce virtually carbon-free hydrogen with approximately 98% of CO2 removed and low-carbon ammonia. Marubeni will supply the ammonia mainly to Kobe Power Plant, a fully owned subsidiary of Kobe Steel, Ltd. (Kobe Steel). Marubeni has also agreed to acquire an equity stake in ExxonMobil’s low-carbon hydrogen and ammonia facility.
Chevron delivered mixed earnings that highlight the cyclical nature of its business, but the company's solid fundamentals suggest this is a buying opportunity
