Exxon Mobil has bought a plot of land in Arkansas that contains lithium, The Wall Street Journal reported. The metal is a key component in lithium ion batteries that power EVs.
In a pair of recent stories, publicly-held oil majors ExxonMobil and Shell exploded a pair of the most popular energy transition-related myths.

Exxon Joins Hunt for Lithium in Bet on EV Boom

08:00am, Sunday, 21'st May 2023
The oil giant quietly laid plans earlier this year for potentially producing the mineral in Arkansas.
Shell is using AI to help find and produce more oil from deepwater sources. It's one of a growing number of oil companies seeking to harness the technology to increase production and reduce costs.
Exxon sees net-zero global emissions by 2050 as an unlikely scenario. That's driving its strategy to continue investing in fossil fuels.
Exxon Mobil Corp on Friday said an ongoing dispute with the government of Guyana over oil-spill insurance could halt production at its first offshore platform, cutting revenue by about $350 million pe
ExxonMobil (XOM) and partners approve investments worth more than $42 billion in Guyana, with a significant portion of the budget so far allocated to shipyards in Asia.
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Equinor , Shell and Exxon have reached agreement with the government of Tanzania for the development of a liquefied natural gas (LNG) export terminal, Equinor's manager in the East African country sai
I'd be the first to agree that Wall Street analysts are often wrong. Quite frequently, in fact, in the case of analyst downgrades, they focus excessively on minutiae, such as tiny “misses” (i.e.
In the last decade, few companies have touched the magic trillion-dollar valuation. Apple (NASDAQ: AAPL ), Amazon (NASDAQ: AMZN ), and Alphabet (NASDAQ: GOOG , NASDAQ: GOOGL ) are the names worth ment
Exxon Mobil Corp has pushed back against investors pressing the largest U.S. oil producer to report on the risks to its business from restrictions on greenhouse gas emissions and potential environment

Up 20% in 12 Months, Is ExxonMobil Really a Buy?

06:05am, Wednesday, 17'th May 2023
ExxonMobil stock has risen roughly 20% over the past year as the broader market has flatlined. The energy giant is outperforming some of its closest peers.

ETFs in Focus as Oil Prices Rise

08:29pm, Tuesday, 16'th May 2023
After declining for four consecutive weeks, oil prices rose against the backdrop of the United States' plans to acquire crude for its SPR and the Alberta wildfires. Take a look into ETFs to gain expos

Exxon Mobil: $75 Oil Won't Last

05:11am, Tuesday, 16'th May 2023
The recent pullback of oil prices has made the energy sector the most attractive market sector. Peering into the future, I do not see oil prices stuck at the current $75 level.
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