In December, ExxonMobil updated its corporate plan, including new cost savings targets, earnings and cash-flow expectations, ...

ExxonMobil surpassed earnings expectations, but revenue fell short, highlighting the fourth quarter's achievements and ...

ExxonMobil and Qatar Energy on Friday began exploratory drilling for natural gas in a prospect west of Cyprus, Cyprus ...

The Organisation of Petroleum Exporting Countries (Opec) was founded in Baghdad, Iraq, on September 14, 1960. Its founding member countries are ...

According to S&P Global, estimates suggest that the Electra-1 exploration well is targeting a structure that could hold ...

The US Strategic Petroleum Reserve (SPR) is a stockpile of crude owned by the US government. It provides a back-up supply of crude oil if the commercial oil supply is disrupted.

Officials say Egypt and a consortium made up of energy companies Total of France and Italy’s Eni will sign a key agreement ...

ExxonMobil is a major integrated energy company, principally engaged in the exploration and production of crude oil and natural gas, as well as the transportation and marketing of petroleum products.