Exxon Profit Misses Estimates as Natural Gas, Refining Slip
Exxon Mobil Corp. fell short of analysts’ expectations with a third straight drop in profit amid weaker natural gas prices and shrinking returns from fuel sales.
Exxon Works to Improve Fracking Methods
Exxon Mobil Corp. is betting that a better way to frack will double the amount of oil it can pump from shale fields.
California County Rejects Exxon Plan to Truck Oil
SANTA MARIA, Calif. — A bid by Exxon Mobil to restart offshore oil wells shut down in 2015 after a pipeline leak caused the worst coastal spill in 25 years was rejected March 8 amid lingering environmental concerns.
March 9, 2022Exxon Restructures Divisions, Packs Up for Houston
NEW YORK — Exxon Mobil is restructuring its business into three divisions and moving its headquarters 250 miles south from Irving, Texas, to its campus north of Houston.
January 31, 2022Exxon Reduces Rates at Baytown Refinery After Extinguishing Fire
ExxonMobil Corp. said it will adjust its rates following a Dec. 23 fire at its Baytown, Texas, refinery that injured four people.
Exxon Pledges to Zero Out Some Permian Basin Emissions by 2030
ExxonMobil Corp. pledged to zero out some greenhouse gas emissions in North America’s biggest oilfield by the end of the decade.
5 tips to recruit and retain top technician diesel talent
The growing shortage of technicians serving the trucking industry is a critical problem for fleet maintenance managers. But you can keep your fleet on the road and retain great talent with these tips from George Arrants and the ASE Foundation. Download the tip sheet here.
December 1, 2021Profitable Exxon, Chevron Emerge as Global Economy Rebounds
ExxonMobil reversed the losses it suffered last year during the pandemic with a $6.75 billion third-quarter profit as demand pushes the price for a barrel of crude past $80 for the first time in years.
Exxon CEO Denies Spreading Climate Change Disinformation
ExxonMobil’s chief executive said Oct. 28 that his company “does not spread disinformation regarding climate change,” as he and other oil company chiefs countered congressional allegations the industry concealed evidence about the dangers of global warming.
Exxon’s Gulf Coast Carbon Hub Gains Support of Energy Titans
An ambitious project aimed at capturing millions of tons of carbon emissions along the U.S. Gulf Coast in Texas garnered the support of some of the world’s biggest refiners and chemical manufacturers.