The preparations come as both companies await a decision in a legal challenge from larger rival ExxonMobil that will make or break the $53-billion deal.

Meanwhile, gas price fluctuations could cause ExxonMobil’s haul to drop by anywhere between $300 million and $700 million, ...

Key Takeaways Exxon Mobil Corp. said lower oil and gas prices will impact current quarter profit by up to $1.9 billion.The ...

Economist Michael Ash shares new data on racial disparities in the industry — a major purveyor of environmental racism.

ExxonMobil has revealed a few more intriguing details on its latest gas discovery offshore Cyprus, but has not yet offered an ...

In total, the oil and gas Petrobras is set to produce by 2050 will emit an equivalent of 7.9 billion tonnes of CO2 – ...

Venture Global is profiting heavily by selling LNG from its not-yet-commissioned Plaquemines plant on the spot market while ...

ExxonMobil has forecast a reduction of $1.5bn in its second-quarter (Q2) earnings 2025 due to lower oil and gas prices, as ...

This is the second such discovery made by the consortium off Cyprus following a significant finding made in 2019 on Block 10. A consortium led by QatarEnergy and ExxonMobil ...

UBS has reaffirmed its Buy rating on ExxonMobil (NYSE: XOM), maintaining a $130 price target as the energy giant prepares to ...

Ticker: Wegovy and Zepbound prices fall; ExxonMobil and partner Qatar Energy find new natural gas deposit off Cyprus ...

ExxonMobil expects lower oil and gas prices to dent its second-quarter earnings. The oil company said declining liquids prices, which include crude oil and condensate oil, could decrease its upstream ...