Friday, 4 April 2025

Focus on ExxonMobil

US President Donald Trump seeks to increase US oil production under his administration -- such as at this refinery in Detroit, Michigan -- but he may face challenges outside of his control (AFP)
AnalysisBusinessNatural GasOil

Trump push to ‘drill, baby, drill’ may hit industry roadblock

President Donald Trump wants to boost US oil production, pledging to bring costs down as he returned to office this week — but...

A view of an oil pump jack on the prairies near Claresholm, Alberta, Canada January 18, 2025.  REUTERS/Todd Korol
AnalysisOilPolitics

Trump’s climate withdrawal creates rare discord with Big Oil

U.S. oil and gas producers welcome Trump's push for domestic energy but fear exiting climate deals could hurt global clean energy investments.

FILE PHOTO: Storage tanks and gas-chilling units are seen at Freeport LNG, the second largest exporter of U.S. liquified natural gas, near Freeport, Texas, U.S., February 11, 2023. Reuters/Arathy Somasekhar/File Photo
Liquefied Natural GasPoliticsRegulations

Factbox: US LNG projects boosted by Trump’s export permit restart

HOUSTON (Reuters) – U.S. President Donald Trump has ended the moratorium on new liquefied natural gas export permits imposed by his predecessor Joe...

News Release

ExxonMobil to Release Fourth Quarter 2024 Financial Results

SPRING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE: XOM) will release its fourth quarter 2024 financial results on Friday, January 31, 2025. The company will...

FILE PHOTO: The Chevron logo is pictured after the U.S. government granted a six-month license allowing Chevron to boost oil output in U.S.-sanctioned Venezuela, in Caracas, Venezuela, December 2, 2022. REUTERS/Gaby Oraa/File Photo
BusinessFuelNatural GasNewsOilTrade

Chevron expresses interest in Greek energy exploration

The Greek energy ministry said that it would issue a decision this week on the exact area of exploration.

Chevron and Hess logos are seen in this illustration taken, October 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
FuelLegislationNatural GasNewsOilTrade

US FTC finalizes consent order for $53 billion Chevron-Hess merger

The U.S. Federal Trade Commission approves a consent order to resolve antitrust issues in Chevron's $53B Hess takeover.

FILE PHOTO: A general view of the New York City skyline after heavy rains as the remnants of Tropical Storm Ophelia bring flooding across the mid-Atlantic and Northeast, in New York City, U.S., September 29, 2023.  REUTERS/Andrew Kelly/File Photo
ClimateCourtsNews

New York City lawsuit against Exxon, BP, Shell over climate change dismissed

NYC lawsuit against Exxon, BP, and Shell over alleged greenwashing dismissed; judge cites lack of proof and vague claims.

FILE PHOTO: The Supreme Court is pictured, in Washington, D.C., U.S., October 21, 2024. REUTERS/Kevin Mohatt/File Photo
BusinessClimateEmissionsEnvironmentIndigenousNatural GasNewsOilPoliticsRegulations

US Supreme Court rejects bid by oil companies to toss Honolulu’s climate suit

US Supreme Court rejects oil firms' appeal to dismiss Honolulu's climate lawsuit accusing them of decades-long deception.

FILE PHOTO: An Exxon gas station seen in Washington, U.S., November 26, 2024. REUTERS/Nathan Howard/File Photo
BusinessFuelNewsOil

Canada’s Imperial Oil says senior executive to leave for Exxon Mobil

In 2023, Imperial Oil had said it would invest C$720 million ($539 million) to construct Canada's largest renewable diesel facility.

News Release

Clean Hydrogen Works (CHW) Appoints Former ExxonMobil Executive Robert W. Tully as SVP and Venture Executive for Ascension Clean Energy (ACE)

THE WOODLANDS, Texas--(BUSINESS WIRE)--Clean Hydrogen Works (CHW) is pleased to announce the appointment of Robert W. (Rob) Tully as SVP and Venture Executive...

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