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The Latest Breaking News from ExxonMobil

New gas discovery off Cyprus coast may reduce EU energy dependence

ExxonMobil and its partner, Qatar Energy, have discovered a new natural gas deposit off the coast of Cyprus, a find that bolsters the region's potential as an energy exporter.

Euronews

ExxonMobil: Limited Risk and Lots of Reward With This Oil Play

Exxon Mobil is well-positioned to deliver shareholder value in 2025 and drive its stock price to new highs over the long term.

MarketBeat

ExxonMobil and partner Qatar Energy find new natural gas deposit off Cyprus

Cyprus says a consortium made up of ExxonMobil and partner Qatar Energy International have made a second natural gas discovery beneath the seabed south of the east Mediterranean island nation where it’s licensed to explore for hydrocarbons

The Independent UK

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These 3 Dividend Stocks Combine Strong Yields With Upside

These three high-yield dividend stocks are well-positioned to deliver a strong return, making them attractive to both income and growth-oriented investors

MarketBeat

Brazil Sells Exploration Rights To Oil Blocks Near Amazon River Mouth

Brazil sold exploration rights to 19 oil and gas blocks near the mouth of the Amazon river Tuesday, at the start of an auction slammed by environmentalists months before the country is to host the COP30 climate summit.

International Business Times

Trump is going after LGBTQ rights and big companies have responded by shunning Pride Month

After years of showy tributes and accusations of ‘rainbow-washing’, US companies are shrinking back for fear of Donald Trump, Io Dodds reports

The Independent UK

Trump and Putin hint at US-Russia trade revival, but business environment remains hostile

Would U.S. companies go back to Russia if there’s a peace deal over Ukraine

The Independent UK

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One lawsuit just helped melt the fossil fuel industry’s defence against being held accountable for climate change

There was a time when oil and gas companies happily linked themselves to the idea of planet-wide environmental changes. “Each day Humble supplies enough energy to melt 7 million tons of glacier!” boasts the headline from a 1962 double-page spread in Life magazine for Humble Oil, now part of ExxonMobil.

The Conversation

Plastics industry pushed ‘advanced recycling’ despite knowing problems – report

Producers promoted chemical recycling – processes used to break plastics into constituent molecules – but knew of limitations

The Guardian - US

ExxonMobil: Production Offset Prices, Capital Return Safe in 2025

ExxonMobil had a mixed quarter in Q1, but positioning and increased production sustained cash flow and the capital return for 2025.

MarketBeat

Cost of emissions from five major Australian resource companies more than $900bn, study finds

US researchers link BHP, Rio Tinto, Santos, Whitehaven Coal and Woodside Energy to specific climate harms over three decades

The Guardian - AU

Lower Profits At US Oil Giants Amid Fall In Crude Prices

US oil giants ExxonMobil and Chevron reported lower profits Friday, reflecting the hit from falling crude prices amid global economic uncertainty surrounding President Donald Trump's tariffs.

International Business Times

ExxonMobil's Free Cash Flow is Attracting Value Buyers to XOM Stock

ExxonMobil reported strong free cash flow compared to last quarter. As a result, value investors are attracted to XOM stock, given its 3.7% yield and low P/E multiple. Moreover, out-of-the-money short-put plays have high yields.

Barchart

Venezuela rejects UN court order to halt election in territory under dispute with Guyana

Venezuela’s government has rejected a ruling from the United Nations’ top court ordering the South American country to refrain from holding elections for officials who supposedly would oversee a resource-rich region in neighboring Guyana that both nations claim as their own

The Independent UK

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The Guardian - UK

Public affairs firms in Europe enable pollution by lobbying for big oil, says analysis

Exclusive: EU Transparency Register shows law firms also among lobbyists working for fossil fuel companies

The Conversation

Fossil fuel companies ‘poisoned the well’ of public debate with climate disinformation. Here’s how Australia can break free

President Donald Trump has issued an executive order that would block state laws seeking to tackle greenhouse gas emissions – the latest salvo in his administration’s campaign to roll back United States’ climate action.

Barchart

ExxonMobil Stock Looks Way Too Cheap Now With Its 3.8% Dividend Yield

ExxonMobil stock has a 3.8% annual dividend yield as of Friday. Its average over the last 3 years has been 3.49%, implying a 10% upside in XOM. Moreover, short plays can provide a 4% monthly yield.

Latin Times

Venezuela Says It Uncovered U.S. Plot to Fabricate Incident And Justify An Invasion

Venezuela's Defense Minister said the army raised its alert level after uncovering a U.S. plot to fabricate an incident in waters contested between the country and Guyana, which would justify an invasion of the South American country

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Latin Times

Marco Rubio Offers U.S. Security to Oil-Rich Guyana as Border Dispute With Venezuela Escalates

Secretary of State Marco Rubio has reaffirmed the United States' commitment to Guyana's security as tensions with Venezuela have continued to escalate

International Business Times

Rubio Offers US Security For Oil-rich Guyana As Venezuela Looms

Secretary of State Marco Rubio heads Thursday to Guyana to offer to put the newly oil-rich nation under the US security umbrella as neighboring Venezuela asserts claims.

The Guardian - US

Cop30 in talks to hire PR firm that worked for lobby seeking weaker Amazon protections

Revealed: Edelman worked for Brazilian trade group accused of pushing for environmental rollbacks in Amazon

Autosport

Exx marks the spot – Racing Bulls welcomes ExxonMobil as new fuel partner

Racing Bulls team principal Laurent Mekies believes the squad’s new collaboration with ExxonMobil will help with the challenge of racing with next-generation fuels.

Barchart

ExxonMobil Stock Still Looks Cheap to Analysts - Short Put Plays Have High Yields

ExxonMobil stock is off its lows but still looks cheap to analysts. After all, XOM has a 3.6% annual dividend yield and a forward multiple below 13x earnings. Moreover, selling short out-of-the-money put options is a good income play.

International Business Times

Guyana Appeals To UN Court As Venezuelan Plans Vote In Disputed Zone

Guyana on Thursday sought relief from the UN's highest court after Venezuela said it would hold elections in the oil-rich Essequibo border region that both neighbors lay claim to.

The Guardian - UK

Half of world’s CO2 emissions come from 36 fossil fuel firms, study shows

Researchers say data strengthens case for holding firms to account for their contribution to climate crisis

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