Long regarded as a tool to boost the efficiency of oil production, carbon capture primarily entails capturing carbon dioxide ...
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 ...
Hess' track record for efficiently allocating capital and generating value has been steadily improving. The company has streamlined its portfolio by jettisoning less competitive and riskier positions ...
"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 ...
Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25 percent tariffs on products from Canada and Mexico.
Stocks surrendered early gains and closed lower after the White House said President Trump would impose promised tariffs on ...
Phillips 66's fourth quarter profit plummeted to $8 million from $1.26 billion in the year-ago quarter. Valero's refining ...
Shares of energy companies fell after mixed earnings and amid fears of universal tariffs. The annual profits of Exxon Mobil and Chevron fell in 2024, as anemic natural-gas prices and narrowed refining ...
After pumping $80 million into renovating the former ExxonMobil campus in Greenspoint, a real estate company is auctioning ...
Exxon Mobil is building a natural gas power plant and implementing carbon capture technology to power AI data centers.
Apple stock rises after the tech giant posts better-than-expected earnings and guides for solid growth, Intel edges higher after revenue projections miss analysts’ estimates, and Chevron posts ...
Wall Street’s early gains faded on Friday after the White House confirmed that President Donald Trump’s new tariffs on major US trading partners would take effect on Saturday.