Chief executive Darren Woods says cost structure and tricky geology make its US Gulf business smaller than elsewhere ...

But industry leaders have also been clear that these and other policy changes floated by Trump won’t lead to more drilling.

ExxonMobil (NYSE: XOM) has built a premier oil company. The energy giant has an unrivaled asset base. It controls a treasure ...

Exxon Mobil's Q4 earnings hit $7.61 billion, fueled by advantaged assets in the Permian Basin and Guyana, with production set ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Exxon Mobil CEO Darren Woods said the end goal for energy policy should be a system in which no fuel source remains dependent ...

Chevron (CVX), and Shell (SHEL) are betting that part of their future lies in supplying the energy needed for America’s ...

That investment will grow output from its highest-margin assets, which will increase its earnings and free cash flow. Exxon also plans to deliver a cumulative $18 billion in cost savings by the end of ...

"Our view is we'll bring this on faster than anybody else in the industry, and we'll certainly bring it on faster than any other opportunities for decarbonization." ...

Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25 percent tariffs on ...

Exxon Mobil is building a natural gas power plant and implementing carbon capture technology to power AI data centers.

Since 2019, the operator achieved $12.1 billion of cumulative Structural Cost Savings, including $2.4 billion of savings ...