Brazil's Petrobras wants to buy stakes in African oil assets, mainly in Angola, Namibia and South Africa, to boost its ...

ExxonMobil is the unrivaled leader of the oil patch. It should continue to lead its peers in the future, fueled by its heavy ...

ExxonMobil delivered record production from both its Heritage ExxonMobil assets and the Pioneer Natural Resources assets from that acquisition last year. “We now see an average of more than $3 ...

That investment will grow output from its highest-margin assets, which will increase its earnings and free cash flow. Exxon also plans to deliver a cumulative $18 billion in cost savings by the end of ...

Shell is forging ahead with plans to offload 5pc of Britain’s North Sea gas production to an energy tycoon battling claims of ...

Since 2019, the operator achieved $12.1 billion of cumulative Structural Cost Savings, including $2.4 billion of savings ...

Stephens Consulting LLC lifted its stake in Exxon Mobil Co. (NYSE:XOM – Free Report) by 3.8% in the fourth quarter, ...

Exxon Mobil’s fourth-quarter adjusted profit managed to beat Wall Street’s expectations, as the oil and gas company increased ...

The government on Tuesday opened the tenth round of bidding for the exploration and production (E&P) of oil and gas assets, ...

This strategy enabled Exxon to produce a whopping $55 billion in cash flow from operations and $34.4 billion in free cash flow after continuing to invest heavily in developing its best assets.

ExxonMobil (NYSE: XOM) has built a premier oil company. The energy giant has an unrivaled asset base. It controls a treasure trove of low-cost oil and gas around the world. The company also has an ...