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

Brian Jones, R-San Diego, warned Californians to brace for higher gas prices and fuel shortages in the wake of an announced ...

Exxon Mobil is the global champion of traditional fossil fuels, generating robust cash flow from oil and gas production and refining. NextEra combines the largest electric utility in the U.S ...

Neste Corp. has completed upgrading works to enable production of sustainable aviation fuel at its renewable-fuels refinery in Rotterdam, the Netherlands. Neste has completed upgrading works to ...

[NEW YORK] ExxonMobil is facing no shareholder proposals this proxy season for the first time in at least 25 years. The absence of requests follows a year after the oil company sued two ...

The Global Outlook is ExxonMobil’s view of energy demand and supply through 2050, based on a long-term assessment of economic trends, advances in technology, consumer behavior and climate ...

ExxonMobil chief executive Darren Woods saw the worth of his total pay package rise by about 19% in 2024, thanks in part to greater stock awards and a sizable leap in the value of his pension.

Exxon also benefited from higher oil refining margins in the quarter. The strong start to the year might not last While oil and gas prices rose last quarter, they've tumbled in the early days of ...

However, Increased worldwide capacity is putting pressure on ExxonMobil's refining margins, which has caused a 67% decline in Energy Products sector earnings from $12.1 billion in 2023 to $4 ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. ExxonMobil expects its first-quarter earnings to be higher than in Q4 by ...