Exxon Stock News

Union workers locked out of their jobs at a Texas oil refinery for nearly 10 months voted on Monday to accept an Exxon Mobil Corp contract offer, a union official said.

Texas oil refinery workers ratify Exxon contract offer, ending lockout

InvestorPlace - Stock Market News, Stock Advice & Trading Tips No need to panic-sell your stocks and pile into an all-cash position when XOM stock offers great value and strong potential for upside. The post Exxon Mobil Stock Can Help You Ride Out Geopolitical Risk appeared first on InvestorPlace . More From InvestorPlace Stock Prodigy Who Found NIO at $2 Says Buy THIS Now Man Who Called Black Monday: Prepare Now. Get in Now on Tiny $3 Forever Battery Stock Interested in Crypto? Read This First

Where Africa''s Oil Flows Free While the move away from fossil fuels towards more sustainable alternatives is well on the way in many industry sectors, the world as of now still relies heavily on crude oil for the production of different fuel types, plastics and wax. In 2020 alone, countries around the world produced 4,165 million metric tons of oil, and as Statista''s Florian Zandt points out , the continent of Africa was responsible for 327.3 million metric tons, netting it fifth place worldwide after the Middle East, North America, CIS and the Asia Pacific region including China. As the chart below shows, its oil production hotspots are mainly situated in countries with coastlines, with Nigeria taking the top spot. You will find more infographics at Statista According to data from BP''s yearly report, the Western African nation produced more than a quarter of the whole continent''s oil production, which translates to 86.9 million metric tons . This stands in stark contrast to Nigeria ''s reputation of fostering major technology hubs like Lagos, showcasing the divide between a more traditional, oil-based economy and a more progressive one.

Big Oil on course for near-record $38bn in share buybacks: The seven supermajors BP, Shell, ExxonMobil, Chevron, TotalEnergies, Eni and Equinor set for supercharged stock purchasing on top of estimated $50bn of dividends. h/t Holger Zschaepitz Our Twitter for Quick Updates: Twitter Follow Us

NPR''s Mary Louise Kelly talks with Gregory Trencher, a co-author of a report that shows, despite pledges, BP, Chevron, Exxon Mobil and Shell aren''t making changes needed to…

InvestorPlace - Stock Market News, Stock Advice & Trading Tips XOM stock should get a big boost from strong oil demand in the medium term. It''s the short and long term investors should worry about. The post Is Exxon Mobil Stock a ‘Buy’? That Depends appeared first on InvestorPlace . More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” Get in Now on Tiny $3 ‘Forever Battery’ Stock Interested in Crypto? Read This First…

A comprehensive study confirms that oil companies are largely all talk and no action when it comes to clean energy initiatives This week a peer-reviewed study confirmed what many have suspected for years: major oil companies are not fully backing up their clean energy talk with action. Now the PR and advertising firms that have been creating the industry’s greenwashing strategies for decades face a reckoning over whether they will continue serving big oil. The study compared the rhetoric and actions on climate and clean energy from 2009 to 2020 from the world’s four largest oil companies – ExxonMobil, Chevron, Shell, and BP. Writing in the journal Plos One, researchers from Tohoku University and Kyoto University in Japan conclude that the companies are not, in fact, transitioning their business models to clean energy. Continue reading…

Guyana''s government is in talks with Middle East oil companies to discover new offshore fields, which could bar a consortium led by Exxon Mobil (XOM) from a prospective drilling…

Analysis of the investments of Shell, Chevron, BP, and ExxonMobil finds their transition to clean energy companies "is not occurring", despite pledges to the contrary.

Describing the Guyana exploration project as one of the most exciting and successful in the world, the Chairman of ExxonMobil Darren Woods believes that Guyana sealed its future as an oil-producing nation when it signed the first Production Sharing Agreement in 1999 which paved the way for more exploration and the country’s first oil discovery […] The post Exxon Chairman praises enormous accomplishment of Guyana becoming oil producer appeared first on News Source Guyana .

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Tailwinds Are Set to Endure on XOM stock. The firmness of the oil markets is unlike to ease in the near-term and XOM''s undervalued multiples provide an opportunity for investors looking to get exposure to the complex The post Tailwinds Should Keep Pushing Exxon Mobil Upward appeared first on InvestorPlace . More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” Get in Now on Tiny $3 ‘Forever Battery’ Stock Interested in Crypto? Read This First…