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The Latest Breaking News from ExxonMobil

BP to develop offshore gasfield in Venezuela with firms linked to Trump administration

Move will be one of first large-scale foreign investments in country since US ousted leader Nicolás Maduro in January

The Guardian - UK

India's Petronet says no clarity on September LNG supplies from Qatar

Petronet LNG of India faces challenges in securing a reliable Qatari natural gas supply for September due to Qatar's force majeure announcement, affecting 56 cargoes. To compensate, Indian firms are diversifying their LNG imports from Oman, the US, Nigeria, and Angola. Existing contracts indicate that any late Qatari deliveries could…

The Economic Times

Samuel Alito gained up to $2.9m from oil and gas assets since joining supreme court, analysis shows

Critics argue US high court justice should recuse himself from upcoming fossil fuel firms’ climate accountability case

The Guardian - US

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SpaceX plan for vast rocket launch site on Louisiana coast sparks backlash

Opponents fear Elon Musk firm’s plan to develop 18-mile strip of Pecan Island will badly damage fragile ecosystem

The Guardian - US

ONGC, Shell India ink pact to explore deepwater blocks, LNG sourcing

ONGC and Shell Energy India have signed a non-binding agreement for exploration. They will explore deepwater and ultra-deepwater oil and gas opportunities together. The companies will also assess potential liquefied natural gas sourcing options. This collaboration aims to enhance India's energy security and domestic resource development. The partnership supports India's…

The Economic Times

Cypriot natural gas flowing to Europe in 2028, says Cyprus Energy Minister

In an exclusive interview with the Associated Press, he highlights the progress of Cyprus's ongoing energy projects, which will also benefit EU citizens.

Euronews

How Chevron became the AI darling of Big Oil

Chevron's West Texas data center deal with Microsoft may jumpstart a new Big Ol and AI trend.

Fortune

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Trump faces calls for windfall tax on big oil’s profits from Iran war

US president’s complaint industry ‘making too much money’ comes after his policies boosted corporations

The Guardian - US

Trump Slams Chevron and Exxon Over Profits, But The Real Math Tells a Different Story

Trump slammed Chevron and ExxonMobil for wartime profits and claimed a 12x earnings jump — the real gains were closer to 4x and 2x.

Latin Times

SNP 'more extreme' on oil and gas than Donald Trump, say campaigners

THE SNP have a “more extreme” position on oil than Donald Trump, according to an environmental pressure group.

The National (Scotland)

Revealed: major oil firms make $93bn profits amid war and climate crisis

Iran conflict windfall over three months reignites calls for companies ‘cashing in on human misery’ to pay for environmental damage

The Guardian - UK

BP profit doubles to $5.7bn as war between US and Iran drives up oil prices

The five majors, BP, Shell, ExxonMobil, Chevron and TotalEnergies, together made about $46bn between April and June

The Independent UK

Trump Blasts Exxon, Chevron Over $26B Iran War Windfall, Vows They'll 'Give Some Back'

Donald Trump criticises major oil companies for profiting from the Iran conflict, urging them to reduce consumer prices as Americans face rising fuel costs ahead of midterm elections.

International Business Times UK

First Thing: Trump chastises oil companies for ‘making too much money’ from his Iran war

US president takes aim at profits as oil companies worldwide benefit from US-Iran conflict

The Guardian - UK

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Euronews

BP profit more than doubles as Middle East conflict boosts oil prices

British energy giant BP said on Tuesday that its net profit more than doubled in the second quarter as the Middle East war roiled oil and gas markets.

The Guardian - UK

Trump accuses oil companies of ‘making too much money’ from his war on Iran

US president hits out at ExxonMobil and Chevron, saying they should ‘give some of that back to the public’

The Guardian - UK

Oil profits boom on ‘war bonus’ as Trump blasts energy giants for ‘making too much money’ - as it happened

Rolling coverage of the latest economic and financial news

The Economic Times

'Too much money': Trump attacks ExxonMobil & Chevron over massive profits, demands lower gasoline prices for American drivers

US President Trump voiced his discontent with ExxonMobil and Chevron, accusing them of reaping excessive profits at the expense of consumers. The oil companies defended their actions by attributing price hikes to global market trends. Both firms showcased robust quarterly earnings driven by soaring oil prices, which raises political stakes…

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news in one place.

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Benzinga

Hunter Biden Says Trump Is Making 'Big Oil' Great Again as Chevron, Exxon Mobil Profits Soar—Gavin Newsom Says CVX Is 'Fleecing Californians'

Former President Joe Biden‘s son Hunter Biden and Gov. Gavin Newsom (D-CA) slammed Chevron Corp. (NYSE:CVX) and ExxonMobil Holdings Corp. (NYSE:XOM), accusing the oil giants of profiting from the war in Iran.

Barchart

Hoping for Lower Prices at the Gas Pump? After Exxon Doubles Profits, CEO Darren Woods Says ‘I Wouldn’t Hold My Breath.’

In a CNBC interview, the oil executive explained the disconnect between crude oil and gasoline prices.

Barchart

Are Wall Street Analysts Predicting ExxonMobil Stock Will Climb or Sink?

ExxonMobil has outperformed the broader market over the past year, and analysts remain moderately optimistic about the stock’s prospects.

Fortune

Meet SLB: The $70 billion oil services giant poised to cash in on AI data centers and the post-Strait of Hormuz oil exploration boom

For nearly a century, SLB has helped energy companies find hard-to-reach reserves. Now the global energy realignment is giving the French-Texan company a fresh growth story.

MarketBeat

The 2026 Blueprint: 6 Stocks for a Brand New Portfolio

Capital is shifting from software to hard assets like AMD, GE Vernova, ExxonMobil, and Amazon as investors prioritize AI infrastructure, energy security, and pricing power over speculative tech.

The Texas Tribune

Texarkana region embraces lithium mining potential

Texarkana’s first lithium symposium marked a milestone for Texas lithium development, laying the groundwork for discussions on critical issues.

The Guardian - US

US trial could reveal who paid hackers to target Exxon climate critics: ‘on the edge of our seats’

Oil giant has denied involvement, but climate activists are closely watching court case against Israeli private investigator for answers

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