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The Latest Breaking News from ExxonMobil

3 Energy Stock Picks for Steady Long-Term Momentum

The energy sector’s outlook looks bright amid rising oil prices fueled by constrained supplies and robust demand for crude oil and natural gas worldwide. Thus, Exxon Mobil (XOM), Shell (SHEL), and Imperial Petroleum (IMPP), with solid long-term momentum, could be ideal stock picks now. Keep reading….

StockNews.com

ExxonMobil, Halliburton Lead Rally As Oil Heads Higher. War Premium, Consolidation, Sanctions All In Play

Oil and gas sector stocks look to make gains as oil prices jump higher amid the Israel-Hamas war.

Investors Business Daily

How oil companies put the responsibility for climate change on consumers

The political response to the climate crisis remains largely inadequate in the face of heat waves, hurricanes, floods and forest fires that are accelerating and intensifying.

The Conversation

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Exxon reinforces support for fossil fuels with deal to buy shale giant for $60bn

Deal to buy Pioneer Natural Resources shows Exxon’s confidence that fossil fuel output will not be hampered in years to come

The Guardian - US

This Permian Basin Energy Stock Could Be the Next Big Oil Takeover Target

Large oil companies in the U.S. are making barrels of cash, and Exxon's bid to buy Pioneer could set off a flurry of similar acquisitions in the Permian Basin.

Barchart

Exxon oil executive faces sexual assault charge in Texas

David Scott, 49, who manages Exxon’s shale oil and gas production dealings, was arrested last Thursday at a budget hotel

The Independent UK

Meet the CFOs on Fortune’s list of the Most Powerful Women in Business

One hundred women leaders across industries earned a spot on the 2023 list, including several finance chiefs.

Fortune

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Energy Stocks Slide As Gasoline Futures Sink Near Year Lows After Key EIA Data

Prices at the pump are starting to fall as demand wanes.

Investors Business Daily

Biden calls for up to 3 offshore oil leases in Gulf of Mexico, upsetting both sides

The administration's proposal seeks to strike a balance between energy companies seeking greater oil and gas production and environmental activists who want Biden to shut down new offshore drilling.

WEKU

Biden calls for up to three oil and gas lease sales in the Gulf of Mexico, disappointing all sides

President Joe Biden's administration has proposed up to three oil and gas lease sales in the Gulf of Mexico over the next five years but none in Alaska

The Independent UK

ExxonMobil loses bid to truck millions of gallons of crude oil through central California

ExxonMobil has lost a court bid to truck millions of gallons of crude oil through central California — a crucial part of its efforts to restart offshore oil wells that were shut in 2015 after a pipeline leak caused the worst coastal spill in 25 years

The Independent UK

These Oil Majors May Be Ready For A Promotion As Crude Prices Keep Rising

ExxonMobil and other oil majors are near buy zones as crude oil prices march higher.

Investors Business Daily

First Thing: ‘Defining moment’ as auto workers strike after talks fail with car giants

Deadline expires with sides still far apart on union’s contract priorities. Plus, Hunter Biden indicted on federal charges

The Guardian - UK

Oil-rich Guyana opens bids for new offshore blocks as it seeks to boost production

The government of Guyana has opened bids for 14 offshore oil blocks available for exploration and development as the South American country seeks to ramp up oil production

The Independent UK

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Investors Business Daily

Questions Of Conduct: BP CEO Bernard Looney Resigns. Oil Stocks Near Buy Points.

BP reported Tuesday that Chief Executive Officer Bernard Looney stepped down.

StockNews.com

3 Energy Stocks With Strong Momentum Behind Them in September

Expectations of higher global demand and constrained supplies amid extended voluntary cuts by Saudi and Russia will likely put upward pressure on oil and gas prices, providing solid tailwinds for the energy sector. Hence, let’s take a look at quality energy stocks Exxon Mobil (XOM), Shell (SHEL), and Baker Hughes…

Barchart

Riding the Crude Oil Surge: An Option Play for Potential Profits as Prices Approach $90

In the dynamic world of energy markets, a seismic shift is underway. Crude oil, often regarded as the lifeblood of the global economy, has been making waves as it surges towards the $90 mark.

Investors Business Daily

5 Top Energy Stocks To Watch As Oil Prices Notch 9-Month High

Energy stocks may be poised to have a moment in 2023 with U.S. oil prices settling above $80 per barrel.

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Capital & Main

Despite Setbacks, Activists Score Victories in Texas Fight Over Tax Breaks for Fossil Fuel Industry

Following watchdog's advice, senators shrink tax giveaway program for oil and gas.

The National (Scotland)

Around 100 Mossmorran workers withdraw labour over safety fears

HUNDREDS of workers at ExxonMobil’s petrochemical plant in Mossmorran have withdrawn their labour in a dispute over health and safety concerns,…

Investors Business Daily

Chevron Closes PDC Deal On Shareholders' Nod; Oil Touches 10-Month High

Chevron announced Monday PDC Energy shareholders approved its purchase of the company, bolstering its U.S. oil and gas operations.

Zenger

EnLink Midstream Publishes Sustainability Report, Exxon Explores Lithium Supply Chains, Global Lubricants Market Analysis

EnLink highlights emissions reduction, Exxon in talks with automakers for lithium supply, lubricants market overview

Investors Business Daily

How To Trade A Long-Term Bull Put Spread On XOM Stock

ExxonMobil doesn't even have to go up for this bullish option trade to profit.

Investors Business Daily

BP Earnings Fall 65% With Oil Major's Surplus Cash Turning Negative

BP earnings dived more than expected, with surplus cash negative. But crude oil prices are rebounding. BP stock is near an early entry.

Investors Business Daily

Energy Giants Exxon And Chevron Report Q2 Profits Down 50% As Oil Prices Rally

ExxonMobil and Chevron reported full second-quarter financials early Friday.

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