ExxonMobil has repeatedly defended its suit, accusing activists of hijacking the shareholder vote process for their own agendas.

Although ExxonMobil would probably have preferred to partner with a pure-play E&P like Hess rather than a global integrated major like Chevron, the change of ownership won't directly harm ExxonMobil.

The dispute centered around ExxonMobil’s attempt to exercise preemption rights related to Hess’s interests in the Stabroek Block, a major oil discovery off Guyana’s coast.

ExxonMobil is selling its majority stake in Esso SAF and associated French refining assets to Canada’s North Atlantic, marking a continued shift in its European strategy.

In its first quarter 2025 results statement, ExxonMobil revealed its oil and gas production figures for the first quarter of this year.

ExxonMobil reported its financial results for the first quarter of 2025, posting earnings per share (EPS) of $1.76, surpassing analysts’ expectations of $1.73. The company’s revenue, however ...

ExxonMobil's Australian unit said on Monday that its Gippsland Basin joint venture with Woodside Energy has approved its final investment decision to develop the Turrum Phase 3 project, targeting ...

ExxonMobil has contracted Norwegian seismic acquisition player Shearwater GeoServices to acquire a 4D survey offshore Guyana, where the US supermajor is developing the large Stabroek block.

ExxonMobil registered its third-highest earnings in a decade with $34 billion last year along with a 13-percent return on capital employed, which Executive Chair-CEO Darren W. Woods says rises to ...

ExxonMobil's ambitions, plans and goals do not guarantee any action or future performance by its affiliates or Exxon Mobil Corporation's responsibility for those affiliates' actions and future ...

ExxonMobil is investing about $17 billion through 2027 on lower-emission initiatives that aim to reduce emissions in its operations but are also directed at reducing others’ emissions ...

ExxonMobil led its peers in making money during the third quarter. The oil giant was also the leader in returning cash to investors. Exxon is in an excellent position to maintain its leadership ...