Thursday, 5 June 2025

Focus on ExxonMobil

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Global Partners LP Completes Acquisition of East Providence Liquid Energy Terminal

WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE:GLP) (“Global” or the “Partnership”) announced today that it has successfully completed the acquisition of a liquid energy...

An aerial view of Exxon Mobil’s Beaumont oil refinery, which produces and packages Mobil 1 synthetic motor oil, in Beaumont, Texas, U.S., March 18, 2023. REUTERS/Bing Guan/File Photo
BusinessChemicalsFuelNatural GasNewsOil

Exxon’s $8.6 billion profit beats as volume offsets price weakness

Exxon's Q3 profit surpasses forecast, aided by Pioneer acquisition-driven shale gains and cost controls, despite a five per cent YoY dip amid weaker...

FILE PHOTO: An LNG tanker is guided by tug boats at the Cheniere Sabine Pass LNG export unit in Cameron Parish, Louisiana, U.S., April 14, 2022. REUTERS/Marcy de Luna/File Photo
BusinessFuelLiquefied Natural GasNewsTrade

US LNG exports to rise at smallest pace since 2016

The dollar value of U.S. LNG exports peaked at $47.33 billion in 2022, when prices skyrocketed after Russia's invasion of Ukraine.

FILE PHOTO: Mike Wirth, the CEO of Chevron Corporation, listens to a question from Daniel Yergin, the vice chairman of S&P Global, as top energy executives and officials from around the world gather during the CERAWeek 2023 by S&P Global, energy conference in Houston, Texas, U.S., March 6, 2023.  REUTERS/Callaghan O'Hare/File Photo
BusinessFuelNewsOil

Chevron CEO under pressure to halt share slide as Hess deal stalls

After years of outperforming rivals, Chevron and its CEO are now under pressure as the company's Hess purchase stalls.

FILE PHOTO: Storage tanks for crude oil, gasoline, diesel, and other refined petroleum products are seen at the Kinder Morgan Terminal, viewed from the Phillips 66 Company's Los Angeles Refinery in Carson, California, U.S., March 11, 2022. REUTERS/Bing Guan/File Photo
BusinessIndustryInfrastructureNatural GasNewsOilTransmission

Refiner Phillips 66 reports lower third-quarter profit on weak fuel demand

Phillips 66 exceeded profit forecasts in Q3, driven by strong chemicals and midstream performance, despite declining refining margins

FILE PHOTO: A view of the Exxon Mobil refinery in Baytown, Texas September 15, 2008. REUTERS/Jessica Rinaldi/File Photo
BusinessConstructionIndustryLiquefied Natural GasNewsRegulations

Exxon Mobil, Qatar get three-year extension to build Texas LNG plant

Exxon Mobil and Qatar Energy's Golden Pass LNG project gets a 3-year extension after lead contractor Zachry Holdings' bankruptcy.

FILE PHOTO: People sit at the Shell booth on the day of the opening of the Nigeria Oil and Gas 2022 meeting in Abuja, Nigeria July 4, 2022. REUTERS/Afolabi Sotunde/File Photo
AnalysisBusinessEconomyOilPoliticsRegulations

Analysis: Shell setback upsets Nigeria’s quest to lure investment

Nigeria's block of Shell's $2.4 billion onshore asset sale signals regulatory hurdles, deterring vital oil investments.

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.

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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...

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