ExxonMobil Q3 Earnings Rock with Record Guyana and Permian Output and What Does This Mean for Investors?

ExxonMobil Corporation (XOM) delivered a powerhouse performance in the third quarter of 2025, underscoring its operational prowess amid a challenging energy landscape. The company reported GAAP earnings of $7.5 billion, or $1.76 per share, marking an increase from $7.1 billion in the prior quarter. Excluding identified items, adjusted earnings reached $8.1 billion, or $1.88 per […]

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AEC\’s State of African Energy 2026 Outlook: Onshore Hydrocarbon Spending in Africa Set to Hit $22 Billion

The African Energy Chamber (AEC) has released its highly anticipated State of African Energy 2026 Outlook, painting a picture of steady growth and untapped potential in Africa\’s onshore oil and gas sector. According to the report, onshore hydrocarbon spending across the continent is projected to reach $22 billion in 2026, driven by optimization at mature […]

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Oil Giants Join OPEC in Boosting Production with Earnings Confirmations This Week

In a market grappling with tumbling crude prices and an oversupply of oil, major oil companies are aligning with OPEC\’s strategy by ramping up production. This week’s earnings reports from industry heavyweights like ExxonMobil, Chevron, Shell, BP, and TotalEnergies are expected to confirm these expansion plans, signaling a push forward despite short-term headwinds. As Brent […]

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Does OPEC+ Really Have Spare Capacity?

Daily Standup Top Stories OPEC+ Has Come Close to Its Limit, Leaving Prices Open to Spike October 8, 2025 Clark Savage In the volatile world of global energy markets, OPEC+—the alliance of oil-producing nations led by Saudi Arabia and Russia—is pushing against its production boundaries. With spare capacity dwindling, the group finds itself in a precarious […] […]

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Big Oil Is Getting Leaner and Leaner, and AI Is Having an Impact

In a rapidly evolving energy landscape, major oil companies are shedding weight to stay competitive amid fluctuating crude prices, mergers and acquisitions, and technological disruptions. As highlighted in a recent Wall Street Journal piece, giants like ExxonMobil are leading the charge with significant workforce reductions—Exxon alone is cutting 2,000 jobs globally, about 3% of its […]

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