During his campaign and since taking office, President Donald Trump often repeated his desire to bring back the same “drill, ...

VDE is a wholly energy-focused investment fund that seeks to multi-capitalize equity in the energy sector. See why I rate the ...

During his first term, Trump signed an executive order to reverse a similar Obama-Era ban on new oil and gas leases offshore of Alaska and ... Santa Ynez Unit from ExxonMobil last year and ...

Before the 2010 BP oil spill, the most notable – and devastating – oil spill was the 1989 Exxon Valdez spill. It occurred when a tanker accidentally ran ashore and spilled millions of gallons of oil ...

Exxon Mobil Corp. beat earnings estimates as strong production growth cushioned the drop in oil prices and refining margins, easing investor concerns about an increase in capital spending.

Shares of the No. 1 U.S. oil producer declined 1.7% to $107.72 in afternoon trading, which was in line with a drop in the broader S&P 500 Energy Sector index. Exxon's adjusted profit for the ...

Exxon Mobil's (XOM) earnings report exceeded fourth quarter expectations, driven by higher oil (CL=F, BZ=F) and gas (RB=F) production. Chevron (CVX) experienced its first refining business loss ...

Exxon’s full-year refining earnings dropped to $4 billion from $12.1 billion in 2023, according to a statement Friday. As for Chevron, its global fleet of plants earned just $1.7 billion last ...

ExxonMobil is a major integrated energy company, principally engaged in the exploration and production of crude oil and natural gas, as well as the transportation and marketing of petroleum products.

Profits for Exxon Mobil Corp. and Chevron Corp were slammed by slumping fuel margins as the prospect of U.S. tariffs on two major oil suppliers threatens to make the refining business even worse.

ExxonMobil is currently producing about 650,000 barrels per day of oil from Stabroek via the Liza Destiny, Liza Unity and Prosperity floating production, storage and offloading vessels in the Liza ...