The Latest Breaking News from ExxonMobil

ExxonMobil Faces Tough Choices In Europe As Competition From China Intensifies

ExxonMobil (NYSE:XOM) stock is trading lower on Friday after reports indicating the company plans to sell parts of its European chemical business. The industry struggles with U.S. tariffs, high energy costs, and growing competition from China.

Benzinga · Sep 5, 2025

Oil giants accused of dodging Niger Delta clean-up as UN panel intervenes

Oil giants stand accused of walking away from decades of pollution in Nigeria’s Niger Delta without cleaning up the damage. A UN-appointed panel of experts wrote to Shell, Eni, ExxonMobil and TotalEnergies, warning the companies cannot sell off their assets and dodge their responsibilities to local communities.

Radio France Internationale · Sep 5, 2025

Guyana’s president wins another term in election watched keenly by Venezuela and US

Irfaan Ali, the leader of the People’s Progressive party (PPP), says he has secured a second term as Guyana’s president. The official results from the election on September 1 are yet to be published, but Ali claims his party has won by a “remarkable margin”.

The Conversation · Sep 4, 2025

Exxon Mobil Guyana Kicks Off Yellowtail Production, Lifting Block Capacity Above 900,000 Barrels Per Day

Exxon Mobil Corporation (NYSE:XOM) announced on Friday that ExxonMobil Guyana has initiated production at the Yellowtail development in the offshore Stabroek block of Guyana.

Benzinga · Aug 8, 2025

Exxon, Chevron Turn Page On Legal Fight As Profits Slip

Lower crude prices dented profits at ExxonMobil and Chevron as the companies signaled Friday they are moving past a legal fight over an acquisition ultimately won by the latter firm.

International Business Times · Aug 1, 2025

Exxon Mobil Hits Record Production, CEO Reaffirms Hunt For Value-Driven Deals

Exxon Mobil Corporation (NYSE:XOM) announced on Friday its second-quarter 2025 earnings of $7.1 billion, or $1.64 per share, exceeding analyst estimates of $1.47. The company’s total revenues of $81.51 billion also surpassed the consensus forecast of $79.34 billion.

Benzinga · Aug 1, 2025

Honolulu's lawsuit against fossil fuel companies leads climate change legal fight

Honolulu is suing major fossil fuel companies, including ExxonMobil, Shell, and Chevron, over climate change impacts

The Independent UK · Jul 29, 2025

Exxon Mobil Stock Is Falling: What's Going On?

Exxon Mobil Corp (NYSE:XOM) shares fell Monday afternoon as broader market sentiment wavers following President Donald Trump’s announcement of a 30% tariff on all imports from the European Union and Mexico, effective Aug. 1.

Benzinga · Jul 14, 2025

If You Had Invested in Oil Stocks During the Gulf War in the 1990s, Here’s How Much You’d Have Today

Oil prices initially spiked when the Gulf War began on August 2, 1990, as investors feared a global supply shutdown. However, as those fears subsided throughout the conflict, oil prices began steadily...

GOBankingRates · Jul 11, 2025

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 · Jul 8, 2025