Exxon Mobil has signed a preliminary deal with Iraq to help develop the massive Majnoon oilfield and strengthen the country’s export capacity, Iraqi officials said Wednesday. The agreement marks the U ...

The Valdez Marine Terminal, where North Slope crude oil is offloaded onto ocean tankers. Stakeholders in Valdez are embroiled in a dispute over oil spill protections at the terminal there, at the end ...

Oil giant Exxon Mobil is preparing to cut thousands of jobs worldwide in a corporate reshuffling. A spokesperson for Exxon confirmed to Barron’s on Tuesday that the company plans to cut 2,000 jobs, ...

Exxon Mobil Corp. plans to cut about 2,000 jobs globally as the Texas oil company consolidates smaller offices into regional hubs as part of its long-term restructuring plan. The reductions represent ...

Exxon Mobil confirmed Tuesday it plans to lay off 2,000 workers, or up to 4% of its global workforce. The move comes as the Houston-based oil major consolidates smaller offices into regional hubs and ...

Business media reported last month that ExxonMobil has been in secret negotiations with Russian officials about a possible return to the country. Earlier this month, ExxonMobil’s CEO told the ...

Exxon Mobil Corp. said it has invented a new form of graphite that can increase the life of electric-vehicle batteries by as much as 30%. “We’ve invented a new carbon molecule that will extend the ...

Exxon Mobil (NYSE:XOM) announced it has developed a new synthetic graphite that could extend the life of electric-vehicle batteries by up to 30%. CEO Darren Woods said several EV makers are already ...

The largest U.S. oil company says its new synthetic graphite could extend the life of an EV battery by 30%. Reading time: Reading time 2 minutes ExxonMobil, the country’s largest oil and gas company, ...

Exxon Mobil Corp. is buying a battery materials factory in southern Kentucky as the oil major pushes further into the growing market for energy storage. The manufacturing facility in Hopkinsville, ...

The oil giant said Tuesday that it was acquiring assets from a Chicago company as it looks to start producing graphite, a key battery ingredient, by the end of the decade. By Rebecca F. Elliott Exxon ...

Plus, the race to prevent an oil spill off Yemen. By Amelia Nierenberg and Justin Porter The tanker spilled millions of gallons of oil when it ran aground, causing one of the nation’s worst ...