ExxonMobil to analyze Pegasus-1 discovery offshore Cyprus Drilling indicated about 350 m of gas-bearing reservoir. Further assessment will be required in the coming months to evaluate the results.

The government of Cyprus has confirmed a new natural gas discovery in the Pegasus-1 well located in Block 10, operated by ExxonMobil and its partner QatarEnergy ...

Exxon Mobil's robust earnings potential shines amid rising oil prices and geopolitical tensions.

XOM aims to cut its oil breakeven to $35 by 2027 and $30 by 2030, boosting resilience even in low-price markets.

In its first quarter 2025 results statement, ExxonMobil revealed its oil and gas production figures for the first quarter of this year.

Business Profits at American oil giants Exxon Mobil and Chevron fall in tandem with waning energy demand This is the sign on a Exxon gas station in Pittsburgh on Wednesday, Oct. 9, 2024.

Exxon Mobil shares dropped 11.2% in April. The energy giant faces growing pressure from falling crude oil prices.

Perhaps the darkest day in the Torrance Refinery’s long history came on Monday, Dec. 3, 1979 — 50 years after it first opened.

Mobil Delvac is celebrating its 100th anniversary this year, marking a century of its advancements in diesel engine lubrication. Launched in 1925, Delvac — which stands for Diesel Engine Lubricant by ...

XOM is gearing up for its eighth project in Guyana, known as the Longtail project, which will be the first one to produce gas that is not tied to oil production.

Houston-based oil-and-gas giant Exxon Mobil is looking at Calhoun County in southeast Texas. Residents are reportedly already on edge.

Exxon Mobil said lower oil prices and refining margins will weigh on earnings, but Wall Street isn't overly concerned. Here's what you need to know.