XOM's premium valuation reflects its oil strength in Guyana and the Permian, alongside big earnings targets and cost savings by 2030.

XOM's Guyana projects, ultra-low costs and capital discipline fuel upstream earnings and set the bar for sector-leading ...

Netherlands-based services provider Smit Lamnalco has been awarded a significant multi-year contract by US supermajor ...

ExxonMobil and Chevron are chasing a bigger slice of the $70bn energy trading business, expanding their operations to capture a boom in liquefied natural gas and catch up with rivals Shell and BP.

Guyana's President Irfaan Ali claimed victory Thursday in the country's September 1 presidential and parliamentary elections, ...

Much of it doesn’t align with the narrative that Guyana’s oil – discovered by ExxonMobil in 2015 – has made the country one of the fastest-growing economies in the world, with GDP growth of over 43 ...

ExxonMobil reported Q1 2025 results. Although income is lower than last year, the smooth integration of its Pioneer acquisition has boosted its Permian results. Longer term, the value of the Guyana's ...

ExxonMobil has a bold plan for the future. The oil giant's investment strategy has the potential to produce an additional $20 ...

US supermajor ExxonMobil has started drilling a new well to appraise the Ranger discovery in the Stabroek block offshore ...

Yellowtail brings Guyana’s total installed capacity to above 900,000 barrels of oil per day (bopd) Largest Guyana development to date with an initial annual average production of 250,000 bopd Startup ...

FLORENCE, Italy, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Monday a significant award from ExxonMobil Guyana to provide specialty chemicals ...