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3 mins read

Trump said he'll unleash an oil boom. Exxon Mobil CEO says not so fast.

ExxonMobil CEO Darren Woods said there isn't much opportunity for the oil industry to increase prod…

Catherine Boudreau,Jacob Zink…   


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2 mins read

Exxon says oil and gas will still be the dominant sources of energy by 2050

Exxon says oil and gas use will remain high until the middle of this century, as the world populati…

Kelly Cloonan   


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2 mins read

Russia could merge state-run oil companies to make the world's 2nd largest producer, report says

A deal to combine three of Russia's biggest oil firms would create the biggest producer in the worl…

Kelly Cloonan   


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1 min read

Apple has plowed over $500 billion into stock buybacks since 2012 more than Visa, JPMorgan, or Exxon are worth

Only eight companies in the S&P 500 have larger market values than Apple's outlay on share repurcha…

Theron Mohamed   


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1 min read

Tesla stock dive sends market cap of the green energy darling below oil giant Exxon Mobil's

On Wednesday, Tesla's market cap was $436 billion compared to $445 billion for Exxon Mobil.

Brian Evans   


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1 min read

Exxon Mobil CEO sees oil climbing further: 'They always say that the cure to high prices is high prices'

The energy giant plans to spend $20 billion to $25 billion a year through 2027 on oil and gas proje…

Brian Evans   


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2 mins read

Exxon is backing a natural gas mega-project in Qatar as global energy supplies buckle under pressures stemming from Russian's war on Ukraine

Qatar is working to expand its North Field East project to boost its annual LNG capacity to 110 mil…

Carla Mozée   


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3 mins read

Why Exxon Mobil is spending $4.9 billion on a company that pumps carbon dioxide back into the earth

Exxon Mobil's deal to acquire oil company Denbury shows the oil giant's interest in getting ready f…

Catherine Boudreau   


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1 min read

Surging oil prices amid war in Ukraine helped push Exxon CEO's pay up more than 50% in 2022

Exxon's CEO was paid a staggering $35.9 million last year, up 52%, after the war in Ukraine trigger…

Morgan Chittum   


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2 mins read

An activist investor with a 0.02% stake in Exxon ousted 2 of the oil giant's board members in a historic win

The win by Engine No. 1 highlighted a growing appetite among investors for corporations to tackle c…

Matthew Fox   


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2 mins read

Tesla's massive bull run has made Elon Musk worth more than one of the oil titans his car company is disrupting

Tesla stock has surged 21,341% since its IPO in 2010 and has helped Elon Musk's net worth surge to …

Matthew Fox   


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1 min read

Exxon slides 6% after SEC launches investigation into the oil giant's asset valuations

An Exxon employee alleges that the company overvalued a key oil and gas property in Texas' Permian …

Emily Graffeo   


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3 mins read

The dominance of the US economy and the stock market in 4 charts

Goldman Sachs strategists break down how dramatically the American economy and equity markets have …

Phil Rosen   


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2 mins read

Zoom overtakes Exxon Mobil in market value amid COVID-19 pandemic

A nine-year-old video software provider is now worth more than an oil giant that can trace its foun…

Matthew Fox   


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2 mins read

The fund that staged a board revolt at Exxon last month is launching a retail ETF designed to spar with corporate management

The new ETF comes as the SEC is evaluating its role in regulating the growing universe of ESG inves…

Ethan Wu   


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1 min read

Oil stocks gain after OPEC production plans signal bullish outlook for global demand

News that oil supply will only rise slowly pushed the energy sector fund XLE over 3% Tuesday. Marat…

Emily Graffeo   


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2 mins read

Oil majors Exxon and Shell face a climate-change rethink after 'seismic' green activist victories

Wednesday was tough for the world's biggest oil companies, who were forced by judges and activist i…

Harry Robertson   


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2 mins read

Biden slams Exxon for 'making more money than God' as Americans pay record gas prices

The president's comments come after another disappointing inflation report that shows record price …

Brent D. Griffiths,Joseph Zeb…   


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4 mins read

After his wife's ExxonMobil sale led to a STOCK Act violation, Rep. Peter Welch says he and his wife will no longer trade individual stocks

Welch disclosed that he dumped his individual stocks after an Insider investigation found his stock…

Bryan Metzger,Dave Levinthal   


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2 mins read

Exxon, BP, and Shell fall after New York City sues the major oil companies for misrepresenting their role in climate change

NYC's mayor filed a lawsuit on Thursday arguing oil giants' deceptive trade practices and "greenwas…

Will Daniel