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The Latest Breaking News from Exxon

Michigan Is Suing Oil Companies For 'Suppressing' EVs

The State of Michigan alleges in a lawsuit that BP, Chevron, Exxon and other oil giants have been a 'cartel' that's 'suppressed innovation' around EVs.

InsideEVs

Half of 2024 global emissions produced by just 32 fossil fuel firms, study finds

Thirty-two companies in the fossil fuel sector are responsible for half of global greenhouse gas emissions, according to a report published on Wednesday – including Chevron and Exxon in the United States and BP in the United Kingdom, as well as state-owned companies in countries including Saudi Arabia, Russia and…

Radio France Internationale

‘She did not willingly go missing’: North Carolina mom of five made a terrifying 911 call 2 years ago and then vanished without a trace

Her mother wants answers.

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Americans disapprove of Trump’s foreign policy. His escapades are likely to cost him

History tells us what happens when American presidents focus on foreign policy and neglect domestic economic policy

The Guardian - US

Don’t Trade the Venezuela Headlines. Why We’re Skipping Oil Majors to Zero In on These Energy Stocks Instead.

Instead of names like Exxon and ConocoPhillips, check out downstream refiners and shipping stocks, says our top chart expert.

Barchart

As Trump Spats With Exxon CEO Darren Woods Over Venezuela, Should You Take a Risk and Buy XOM Stock?

Woods said Venezuela was uninvestable, prompting Trump to say that Exxon was being "too cute" and may not be involved in rebuilding the oil infrastructure in the country.

Barchart

The oil CEO who stood up to Trump is a disciplined follower of the 'Exxon way' with a history of blunt statements

Also: All the news and watercooler chat from Fortune.

Fortune

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Trump threatens to keep ‘too cute’ Exxon out of Venezuela after CEO provides reality check on ‘univestable’ industry

Exxon Mobil CEO Darren Woods' emergence as an unofficial industry spokesman has put him at odds with Trump with his frank talk over Venezuela.

Fortune

Trump says he'd be "inclined to keep Exxon out" of Venezuela oil push after CEO's remarks

The oil giant's CEO called the South American country "uninvestable."

Axios

Trump 'inclined' to keep ExxonMobil out of Venezuela after CEO response at White House meeting

President Donald Trump says he is “inclined” to keep ExxonMobil out of Venezuela after its top executive was skeptical about oil investment efforts in the country after the toppling of former President Nicolás Maduro

The Independent UK

Trump pushes for $100 billion in oil investments in Venezuela while Exxon and others say it’s currently ‘uninvestable’ without major reforms

Oil giants tell Trump they need stability and considerable legal and political reforms before investing big in Venezuela.

Fortune

U.S. oil giants tell Trump they're noncommittal on Venezuela

Exxon CEO Darren Woods said Venezuela is currently "uninvestable" without "significant changes" to commercial frameworks and legal system.

Axios

Is Exxon Mobil Stock a Buy, Sell, or Hold for January 2026?

Oil stocks are back in the spotlight following U.S. operations in Venezuela. Is now the right entry point in XOM stock?

Barchart

Chevron Eyes Bigger Role in Venezuelan Oil After Talks With US Officials

Chevron is negotiating with the U.S. to expand its Venezuelan oil license and increase crude exports amid ongoing sanctions and talks.

International Business Times

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Fortune

The U.S. naval blockade of Venezuela has cost $700 million already—and is rising by $9 million daily

Trump is urging U.S. oil companies to return to Venezuela but question marks remain with instability, high costs, and weak oil prices.

Texas Observer

Why Houston Oil Majors Are Hesitant to Go All In on Venezuela

Though petro-giants have long sought lost assets in the South American country, they have reasons, for now at least, not to leap at Trump’s invitation to join his war on the climate and the international legal order.

The Independent UK

The Latest: US forces board Venezuela-linked sanctioned oil tanker in North Atlantic

U.S. forces have boarded a Venezuela-linked sanctioned oil tanker in the North Atlantic

Axios

Trump to huddle with U.S. oil executives Friday on Venezuela

Boosting output from the nation's dilapidated oil infrastructure will require massive outlays.

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news in one place.

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MarketBeat

3 Energy Plays to Watch as the Sector Reacts to New Developments

Energy stocks surged on Monday as markets reacted to renewed focus on Venezuela’s oil industry and U.S. policy direction.

The Guardian - UK

Trump suggests US taxpayers could reimburse oil firms for Venezuela investment

President says a ‘tremendous amount of money’ will need to be spent repairing country’s infrastructure

Fortune

President Trump stands ready to send U.S. Big Oil into Venezuela en masse, but the reality is messy and rebuilding a ruined industry takes many years

Doubling Venezuela's weakened oil flows could cost $110 billion and take until 2030.

Barchart

Exxon Mobil's Quarterly Earnings Preview: What You Need to Know

Exxon Mobil is set to announce its fourth-quarter results soon, and analysts predict a single-digit decline in the company’s bottom-line figure.

Euronews

Explainer: Why Chevron still operates in Venezuela despite US sanctions

Chevron’s continued presence in Venezuela looks like an anomaly amid intensifying US sanctions. In fact, the contradiction is rooted in selective enforcement to maintain leverage over Caracas, as well as decades of oil politics.

Barchart

Google is Winning the AI Race by Stealing Exxon's Business Model. Here's How.

Alphabet is transforming into the ‘Big Oil’ of AI, and GOOGL stock is crushing its competition in the process.

Evening Standard

Forbes makes plea to UK Government after closure plans for ‘cornerstone’ plant

Scottish Deputy First Minister Kate Forbes urged the UK Government to ‘consider what more they can do’ for workers at ExxonMobil’s Mossmorran site.

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