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 ...

Exxon Mobil is reiterated as a Buy with a $147 price target, driven by strong dividend yield and robust long-term growth prospects. XOM's Guyana and Permian asset development, synthetic graphite ...

Exxon Mobil will postpone its plans for a large new plastics production plant on the Gulf Coast of Texas, according to the company. Construction initially was planned to begin next year on the $10 ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min With tax abatements still in ...

Exxon Mobil Corp. said refining margins rebounded in the third quarter, adding about $500 million to earnings compared with the three months prior. The increase in profits at the company’s fuel-making ...

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 ...