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Exxon Mobil has signed a long-term agreement to supply 250,000 metric tons of low-carbon ammonia annually to Japanese trading house Marubeni , the U.S. oil producer said on Wednesday, representing Exxon's first signed customer agreement for its planned hydrogen facility in Baytown,
This was the stock's third consecutive day of gains.
Shell, Chevron, Exxon, TotalEnergies, and others have looked into acquiring the oil company. A takeover of BP might be difficult. BP has struggled in recent years. The British oil giant has undergone two significant strategy shifts.
Energy giant ExxonMobil is set to inject $1.5 billion into the development of its deepwater operations in Nigeria, the country's oil regulator said on Wednesday.
Exxon Mobil Corp. signed a long-term agreement to sell low-carbon ammonia to Marubeni Corp., a crucial step in getting its hydrogen project in Baytown, Texas, off the ground.
Exxon Mobil (NYSE:XOM) plans to spend $1.5B in Nigeria on deepwater exploration and development over the next two years, the country's upstream regulator said Wednesday, refuting previous reports that Exxon was considering exiting the country.
President Trump’s trade policies have helped to push down oil prices while raising the costs of materials for oil and gas companies.
Exxon Mobil and Chevron are pushing back on “shortsighted” investors and maintaining their growth plans even as they feud with each other.
Litigants in the case against ExxonMobil and the Environmental Protection Agency (EPA) Fred Collins and Godfrey Whyte want the Court of Appeal to hasten the date of their case in the matter against ExxonMobil, the EPA and the Attorney General as they think it is of national importance.