Saturday, 5 April 2025

Focus on ExxonMobil

FILE PHOTO: The Phillips 66 Carson refinery is shown after the company said it will shut its large Los Angeles-area oil refinery late next year, delivering a blow to California's fuel supply, in Carson, California, U.S., October 17, 2024. REUTERS/Mike Blake/File Photo
News

US fuelmakers to report lower Q3 profits on weaker margins, fuel demand

U.S. oil refiners' Q3 profits are expected to drop due to weaker margins and lower fuel demand.

News ReleaseNews

ExxonMobil to Release Third Quarter 2024 Financial Results

SPRING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE: XOM) will release its third quarter 2024 financial results on Friday, November 1, 2024. The company will...

News Release

Kinaxis Announces Deal to Transform Energy Sector Supply Chains

OTTAWA, Ontario--(BUSINESS WIRE)--Kinaxis® (TSX:KXS), a global leader in end-to-end supply chain orchestration, today announced a co-development deal with ExxonMobil, one of the largest...

News Release

EzFill Mobilizes Fleet Actively Supporting Residents and Businesses Impacted By Major Hurricanes Helene and Milton

EZFILL FUELING GENERATORS, FIRST RESPONDERS, RESIDENTS, AND BUSINESS FLEETS MIAMI, FL, Oct. 11, 2024 (GLOBE NEWSWIRE) -- EzFill Holdings, Inc. (“EzFill” or the...

Tall sign showing BP logo.
BusinessElectric Vehicles (EVs)FuelNewsOil

BP’s refining business sees lower margins as global oil demand stalls

BP follows Shell in reporting a drop in margins after the companies’ refining businesses suffered a downturn in global demand.

News Release

ExxonMobil Secures Largest CO2 Offshore Storage Site in the U.S.

SPRING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE: XOM) has executed the largest offshore carbon dioxide (CO2) storage lease in the U.S. with the Texas...

An ExxonMobil gas station in Hiawassee, Georgia.
Natural GasNews

ExxonMobil-led consortium to continue seismic research for gas off Crete, says Greece

Greece, which views gas as a transition fuel, renewed hydrocarbon exploration after Europe’s 2022 energy crisis.

FILE PHOTO: Brine pools used to extract lithium are seen next to a lithium mining camp at the Salar del Rincon salt flat, in Salta, Argentina August 12, 2021. REUTERS/Agustin Marcarian/File Photo
AnalysisBusinessCritical MineralsElectric Vehicles (EVs)ManufacturingMining

Rio Tinto’s real prize: Arcadium’s lithium extraction technology

Rio Tinto's $6.7B Arcadium buyout will give it lithium filtration technology set to transform electronics, EV production.

FILE PHOTO: The logo of Exxon Mobil Corporation is shown on a monitor above the floor of the New York Stock Exchange in New York, December 30, 2015.  REUTERS/Lucas Jackson/File Photo
BusinessNewsOil

US energy companies’ shares rise as Middle East crisis sparks supply fears

U.S. energy shares rise as oil prices surge amid Middle East tensions and concerns over potential supply threats.

FILE PHOTO: British Petrol BP price list pillar displayed petrol prices in Polish zloty (1EUR-4,5855PLN) which almost double after Russian aggression on Ukraine at petrol station in Pienkow, Poland, June 8, 2022. REUTERS/Kacper Pempel/File Photo
AnalysisBusinessFinanceOil

Big oil’s big payouts under strain as energy prices fall

By Ron Bousso LONDON (Reuters) -Major energy companies are set to borrow billions to maintain shareholder payouts or cut the rate of share...

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