Tag: EXXON MOBIL

ExxonMobil submits proposal for Colombia fracking pilot project

ExxonMobil Corp has submitted a proposal to carry out a pilot project for hydraulic fracturing – or fracking – in Colombia, the oil company and the Andean country’s national hydrocarbons agency (ANH) said

Chevron vows to slow carbon emissions, raise oil output with modest spending

Chevron Corp outlined a plan to expand oil and gas production through 2025, but without spending significantly more, and pledged to limit the pace of growth of its carbon emissions

Exxon scales back shale ambitions to focus on lower costs, dividend preservation

Exxon Mobil Corp is lowering its ambitions for oil and gas output, as it focuses on cutting costs and preserving dividends to win back investors that have soured on the company after years of overspending

Exxon Mobil reports huge 2020 loss as changes draw mixed reviews

Exxon Mobil closed the books on a terrible 2020, reporting losses in the fourth quarter and the full year in the wake of lower oil prices amid the COVID-19 crisis

Exxon posts second straight quarterly loss on demand, price plunge

Exxon Mobil Corp reported a $1.1 billion second-quarter loss on sharply lower energy demand and prices from the COVID-19 pandemic, and confirmed plans to make deeper spending cuts

Donald Trump seeks for solutions to oil crisis

US President Donald Trump invited US oil executives to discuss ways to help the industry “ravaged” by slumping energy demand during the coronavirus outbreak and a price war between Saudi Arabia and Russia