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The Latest Breaking News from ExxonMobil

ExxonMobil Faces Tough Choices In Europe As Competition From China Intensifies

ExxonMobil (NYSE:XOM) stock is trading lower on Friday after reports indicating the company plans to sell parts of its European chemical business. The industry struggles with U.S. tariffs, high energy costs, and growing competition from China.

Benzinga

Oil giants accused of dodging Niger Delta clean-up as UN panel intervenes

Oil giants stand accused of walking away from decades of pollution in Nigeria’s Niger Delta without cleaning up the damage. A UN-appointed panel of experts wrote to Shell, Eni, ExxonMobil and TotalEnergies, warning the companies cannot sell off their assets and dodge their responsibilities to local communities.

Radio France Internationale

Guyana’s president wins another term in election watched keenly by Venezuela and US

Irfaan Ali, the leader of the People’s Progressive party (PPP), says he has secured a second term as Guyana’s president. The official results from the election on September 1 are yet to be published, but Ali claims his party has won by a “remarkable margin”.

The Conversation

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Guyana’s president claims victory in election held amid newfound oil riches

Irfaan Ali will be tasked with turning the profits of Guyana’s 2019 oil boom into prosperity for its citizens

The Guardian - AU

Protesters target think tank over role in making UK more 'authoritarian'

A Westminster-based think tank has been targeted by protesters over its alleged role in making the UK "increasingly authoritarian"…

The National (Scotland)

How to Buy XOM for a 3% Discount, or Achieve a 15% Annual Return

Yesterday, with Exxon Mobil (XOM) trading at $111.49, the October put option with a strike price of $110 was trading around $2.34. Traders selling this put would receive $234 in option premium.

Barchart

ExxonMobil signs deal to explore for oil and gas near Trinidad despite criticism

ExxonMobil has signed a deal to explore a vast area near Trinidad and Tobago for oil and gas despite the pressure on the twin-island nation to focus more on green energy deals

The Independent UK

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Exxon Mobil Guyana Kicks Off Yellowtail Production, Lifting Block Capacity Above 900,000 Barrels Per Day

Exxon Mobil Corporation (NYSE:XOM) announced on Friday that ExxonMobil Guyana has initiated production at the Yellowtail development in the offshore Stabroek block of Guyana.

Benzinga

Exxon, Chevron Turn Page On Legal Fight As Profits Slip

Lower crude prices dented profits at ExxonMobil and Chevron as the companies signaled Friday they are moving past a legal fight over an acquisition ultimately won by the latter firm.

International Business Times

Exxon Mobil Hits Record Production, CEO Reaffirms Hunt For Value-Driven Deals

Exxon Mobil Corporation (NYSE:XOM) announced on Friday its second-quarter 2025 earnings of $7.1 billion, or $1.64 per share, exceeding analyst estimates of $1.47. The company’s total revenues of $81.51 billion also surpassed the consensus forecast of $79.34 billion.

Benzinga

Honolulu's lawsuit against fossil fuel companies leads climate change legal fight

Honolulu is suing major fossil fuel companies, including ExxonMobil, Shell, and Chevron, over climate change impacts

The Independent UK

Exxon Mobil Stock Is Falling: What's Going On?

Exxon Mobil Corp (NYSE:XOM) shares fell Monday afternoon as broader market sentiment wavers following President Donald Trump’s announcement of a 30% tariff on all imports from the European Union and Mexico, effective Aug. 1.

Benzinga

If You Had Invested in Oil Stocks During the Gulf War in the 1990s, Here’s How Much You’d Have Today

Oil prices initially spiked when the Gulf War began on August 2, 1990, as investors feared a global supply shutdown. However, as those fears subsided throughout the conflict, oil prices began steadily...

GOBankingRates

New gas discovery off Cyprus coast may reduce EU energy dependence

ExxonMobil and its partner, Qatar Energy, have discovered a new natural gas deposit off the coast of Cyprus, a find that bolsters the region's potential as an energy exporter.

Euronews

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MarketBeat

ExxonMobil: Limited Risk and Lots of Reward With This Oil Play

Exxon Mobil is well-positioned to deliver shareholder value in 2025 and drive its stock price to new highs over the long term.

The Independent UK

ExxonMobil and partner Qatar Energy find new natural gas deposit off Cyprus

Cyprus says a consortium made up of ExxonMobil and partner Qatar Energy International have made a second natural gas discovery beneath the seabed south of the east Mediterranean island nation where it’s licensed to explore for hydrocarbons

MarketBeat

These 3 Dividend Stocks Combine Strong Yields With Upside

These three high-yield dividend stocks are well-positioned to deliver a strong return, making them attractive to both income and growth-oriented investors

International Business Times

Brazil Sells Exploration Rights To Oil Blocks Near Amazon River Mouth

Brazil sold exploration rights to 19 oil and gas blocks near the mouth of the Amazon river Tuesday, at the start of an auction slammed by environmentalists months before the country is to host the COP30 climate summit.

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The Independent UK

Trump is going after LGBTQ rights and big companies have responded by shunning Pride Month

After years of showy tributes and accusations of ‘rainbow-washing’, US companies are shrinking back for fear of Donald Trump, Io Dodds reports

The Independent UK

Trump and Putin hint at US-Russia trade revival, but business environment remains hostile

Would U.S. companies go back to Russia if there’s a peace deal over Ukraine

The Conversation

One lawsuit just helped melt the fossil fuel industry’s defence against being held accountable for climate change

There was a time when oil and gas companies happily linked themselves to the idea of planet-wide environmental changes. “Each day Humble supplies enough energy to melt 7 million tons of glacier!” boasts the headline from a 1962 double-page spread in Life magazine for Humble Oil, now part of ExxonMobil.

The Guardian - US

Plastics industry pushed ‘advanced recycling’ despite knowing problems – report

Producers promoted chemical recycling – processes used to break plastics into constituent molecules – but knew of limitations

MarketBeat

ExxonMobil: Production Offset Prices, Capital Return Safe in 2025

ExxonMobil had a mixed quarter in Q1, but positioning and increased production sustained cash flow and the capital return for 2025.

The Guardian - AU

Cost of emissions from five major Australian resource companies more than $900bn, study finds

US researchers link BHP, Rio Tinto, Santos, Whitehaven Coal and Woodside Energy to specific climate harms over three decades

International Business Times

Lower Profits At US Oil Giants Amid Fall In Crude Prices

US oil giants ExxonMobil and Chevron reported lower profits Friday, reflecting the hit from falling crude prices amid global economic uncertainty surrounding President Donald Trump's tariffs.

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