Exxon Mobil expects Q2 upstream earnings to fall as weaker oil and gas prices weigh on exploration and production activities.
Exxon Mobil Corp (NYSE:XOM, ETR:XONA) warned on Monday that lower oil and gas prices may result in a $1.5 billion drop in second quarter earnings compared to the previous quarter. In a regulatory fil
Exxon Mobil Corp. (XOM) warned that lower oil and gas prices would pull down current-quarter earnings by as much as $1.9 billion compared with the first quarter.
CVX and Exxon Mobil, in a strategic collaboration with Pertamina, lead a $34 billion US-Indonesia agreement to boost energy and agri-trade ties.
Exxon Mobil said its second-quarter earnings will take a hit. Shell has said its trading profit will be lower than thought.
Benchmark Brent crude prices averaged $66.71 per barrel during the April to June quarter, an 11% decline from the previous quarter.
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Exxon Mobil Corp. late Monday warned investors that its second-quarter profit may take a hit of more than $1 billion from lower crude prices, and just under $1 billion from lower natural-gas prices.
Exxon Mobil signaled on Monday that lower oil and gas prices could cut its second-quarter earnings by about $1.5 billion from the previous quarter's level.
Over the past few years, the company's efforts have included repositioning, ramping up production, and improving operational quality, which have driven a robust cash flow despite the decline in oil pr
Chevron is laying the groundwork to swiftly close its planned acquisition of smaller oil producer Hess , according to two sources and an industry analyst, including by preparing a severance program fo
A consortium led by ExxonMobil has found a reservoir of natural gas at a prospect off the island's coast, a Cypriot government spokesperson said on Monday.

Cobalt Blue: Broken Hill Cobalt Project update

11:00am, Monday, 07'th Jul 2025
Cobalt Blue Holdings Ltd (ASX:COB, OTC:CBBHF) last week confirmed it had secured a three-year extension to major project status for the Broken Hill Cobalt Project. Dr Andrew Tong spoke with Proactive
Resolution Minerals Ltd (ASX:RML, OTC:RLMLF) last week shared plans to begin exploration at the Horse Heaven Gold, Antimony, Silver, and Tungsten Project in Idaho, USA. Resolution Minerals CEO of US O
The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of difficulties affecting others.
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