The chief executives of Exxon Mobil Corp. XOM -2.65% and Chevron Corp. CVX -4.29% spoke about combining the oil giants after the pandemic shook the world last year, according to people familiar with the talks, testing the waters for what could be one of the […]
Exxon Mobil Corp. is heading for a proxy showdown after activist investor Engine No. 1 formally nominated four directors to the board of the energy giant, which is facing growing calls to change its strategy. Engine No. 1, […]
Because of its long-standing position as the biggest member of the “Big Oil” club, ExxonMobil XOM -4.8% is a company many love to hate. So, stories about ExxonMobil’s woes generate a lot of schadenfreude, and hence a lot […]
Rigzone: Based on recent pageview figures, Rigzone’s downstream readers showed considerable interest in news about the sale of some BP assets and the cashflow challenges of another supermajor. Keep reading for this summary of three […]
Like many global oil majors ExxonMobil is under considerable pressure because of the significant fallout from the COVID-19 pandemic, sharply weaker oil prices and the threat of peak oil demand. There are growing fears that […]
Energy News Publishers Note: This $1 billion dollar group of wells is only the beginning for drilling in the Mediterranean, Red Sea, and even the Black Sea. The deals with major oil companies in the […]
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