Exxon Mobil anticipates global crude demand to remain above 100 million barrels per day through 2050, supporting its ambitious production plans, while contrasting with BP’s more conservative outlook. Bollywood Fever: Exxon Mobil announced on Monday that it expects global crude…
Bollywood Fever: Exxon Mobil Corp has announced plans to transfer the operations of all assets under two production-sharing contracts in Malaysia to the state energy company Petronas. This decision, confirmed on Saturday, comes after Reuters reported that Exxon Mobil had…
U.S. regulators approved Exxon Mobil‘s $60 billion acquisition of Pioneer Natural Resources but blocked Pioneer’s former CEO, Scott Sheffield, from joining Exxon’s board due to allegations of colluding with OPEC to raise oil prices. The Federal Trade Commission (FTC) stated…
Exxon Mobil CEO Darren Woods: Every new passenger car sold worldwide will be electric by 2040. The oil giant predicts that by 2040, every new passenger car sold in the world will be electric, CEO Darren Woods told CNBC’s David Faber…