U.S. energy giant Exxon Mobil has requested the Texas General Land Office (GLO) to not publicly disclose the terms of its offshore lease agreement for a carbon sequestration project with the state.

Polyethylene and polypropylene resin distributor Quantum Polymers Inc. has expanded its branded portfolio with ExxonMobil to include high density PE blow molding and crosslink resins.

President Donald Trump declared a national energy emergency Monday before signing a flurry of executive orders aimed at increasing the production of oil and other fossil fuels, saying it would reduce costs for Americans stung by inflation.

The donation from ExxonMobil awarded $10 million to MD Anderson hospital to launch the initiative, Be Well Beaumont. Community leaders gathered on Monday, January 13 at the Event Centre to learn about the program. Organizers say new community partnerships will be created to get results.

Armed with $10 million from ExxonMobil, MD Anderson will be expanding its Be Well program, aimed to prevent cancer, to Beaumont. ExxonMobil held a luncheon on Monday to launch the Be Well Beaumont initiative.

U.S. benchmark West Texas Intermediate (WTI) crude oil prices topped $80 per barrel on Jan. 15 after closing out 2024 closer to $70 per barrel. Assuming consistent demand, higher oil prices can increase oil companies' profits.

The oil giant's filing with the SEC indicates that quarterly profits could decrease $1.75 billion sequentially, highlighting a challenging environment for the energy sector. ExxonMobil's filing highlighted two critical factors influencing its financial performance — upstream asset sales contributing approximately $400 million to its results and overall impairments costing around $600 million.

The U.S. claims the hacking was commissioned by a lobbying firm working on behalf of one of the world's biggest oil companies.

Motiva Enterprises shut several critical systems at its 659,700 b/d Port Arthur, Texas, refinery early Monday after unusually low temperatures moved into the state.

Texas--Exxon Mobil Corporation (NYSE: XOM) will release its fourth quarter 2024 financial results on Friday, January 31, 2025. The company will issue a press release via Business Wire that will be available at 5:30 a.

Drill, baby, drill”, exulted the new President of the World (American branch), but he will find that the oil and gas industry isn’t listening. As Darren Woods, CEO of ExxonMobil, tactfully put it in November: “I’m not sure how ‘drill,

But logging in the dark isn't the most intriguing part of the plans at Kodama, which has raised $6.6 million in seed funding from Bill Gates' Breakthrough Energy and others. After cutting down the trees, Jenkins plans to bury them--to help slow climate change and to reap salable carbon offsets (and maybe, someday, tax credits too).