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ExxonMobil's CEO Darren Woods criticizes Europe's prescriptive climate and energy policies, advocating for a market-driven approach to determine the most cost-effective solutions for reducing emissions.
(Bloomberg) -- Oil dropped on regional media reports that ignited speculation the US and Iran are nearing a deal that would pave the way for more Iranian crude exports. US officials denied the reports.Most Read from BloombergAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsDonald Trump Charged in Florida Over Secret Documents CaseRussian Elite Is Souring on Putin’s Chances of Winning His WarLeaving New York for Miami Can Save Nearly $200,000S&P 500 Enters Bull Market as Tech Rally Res
(Bloomberg) -- The US renewable diesel rush is losing steam as soaring costs eat into profits, prompting the world’s top crop trader and North America’s largest energy company to pull back on planned investments.Most Read from BloombergAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsDonald Trump Charged in Florida Over Secret Documents CaseRussian Elite Is Souring on Putin’s Chances of Winning His WarLeaving New York for Miami Can Save Nearly $200,000S&P 500 Enters Bull Market as Tec
Chevron (CVX), ExxonMobil (XOM), SLB (SLB), TC Energy (TRP) and Petrobras (PBR) were the energy headline-makers during the week.
June has just begun, and these two market heavyweights are already scorching hot. Can their climbs continue through the summer months?
Argentina's Vaca Muerta oil field is set to achieve an impressive 1 million barrels per day production by 2030, as projected by Rystad Energy.
Exxon (XOM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Over the past year, many Exxon Mobil Corporation ( NYSE:XOM ) insiders sold a significant stake in the company which...
Investing.com -- Stocks in focus in premarket trade on Tuesday, June 6th. Please refresh for updates.
ExxonMobil (XOM) currently recovers about 10% of shale resources from its operations.
Investing.com -- U.S. oil stocks pared back early gains in choppy trading on Monday as these companies were boosted by a jump in oil prices following an announcement from Saudi Arabia that it plans to cut production from next month.
Investing.com -- Stocks in focus in premarket trade on Monday, June 5th. Please refresh for updates.
ExxonMobil (NYSE: XOM) has turned itself around, and investors are being rewarded for their patience. But it's not the best oil major to buy right now. That honor goes to little-known Equinor (NYSE: EQNR) of Norway, or so says Motley Fool contributor Tyler Crowe.
Investors in both Chevron (NYSE: CVX) and ExxonMobil (NYSE: XOM) had a good Friday, at least as far as their stocks' performance was concerned. Chevron closed the day 2.7% higher and ExxonMobil increased 2.3%; by contrast, the S&P 500 index crept up by 1.5%. In an exclusive article published well before market hours on Friday, The Wall Street Journal reported that Chevron and ExxonMobil are currently in "advanced" talks with Algeria's state-run energy company Sonatrach on a drilling agreement.
Today's Research Daily features new research reports on 16 major stocks, including Exxon Mobil Corporation (XOM), AstraZeneca PLC (AZN) and Netflix, Inc. (NFLX).
ExxonMobil (XOM) will capture up to 800,000 metric tons of CO2 per annum from Nucor's (NUE) facility and store the same at its Louisiana facility.
Exxon Mobil (NYSE:XOM) has had a rough three months with its share price down 8.4%. But if you pay close attention, you...
Chevron (CVX) and Exxon face contrasting shareholder perspectives as climate change proposals get rejected in annual meetings.
(Bloomberg) -- Exxon Mobil Corp. is forging ahead with a multi-billion-dollar petrochemical complex that’s the cornerstone of its growth strategy in China, even as political tensions push other corporations to reassess their exposure there.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireDebt-Limit Deal Passes the House, Easing US Default ConcernsWall Street Banks Are Using AI to Rewire the World of FinanceBillion
ExxonMobil and Chevron shareholders solidly rejected climate change proposals at the US oil majors’ annual meetings on Wednesday, scaling back support from last year and splitting with results at peers in Europe where resolutions related to global warming have won stronger support. Only 11 per cent of Exxon shareholders supported a petition calling for the company to set emissions reduction targets that would be consistent with the goals of the 2015 Paris climate agreement. A similar proposal at Chevron received less than 10 per cent support.
(Bloomberg) -- Exxon Mobil Corp. and Chevron Corp. shareholders soundly rejected activist demands to take responsibility for curbing emissions by motorists and industries that burn their fuels. Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into Earth’s CrustS&P 500 Almost Wipes Out Its Monthly Advance: Markets WrapHedge Funds Are Deploying ChatGPT to Handle All the Grunt WorkDebt-Limit Deal Wins House Passage, Easing US Default ConcernsTwitter Is Now Worth Just 33% of Elon M
ExxonMobil (XOM) is considering divesting its majority stake in Adriatic LNG as part of plans to offload non-core assets to focus on more lucrative prospects.
(Bloomberg) -- Copper and European natural gas futures prices are both in the midst of multiweek losing streaks, while oil is looking to maintain the momentum after a two-week rally. In the US, investors will be focused on two annual general meetings from oil behemoths Exxon Mobil Corp. and Chevron Corp. Here are five notable charts to consider as the week in commodities gets underway.Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion Rally
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...