Exxonmobil news today
Here are some recent news articles and updates about ExxonMobil:
Recent News Articles:
- ExxonMobil to invest $20 billion in Permian Basin (Source: Reuters, March 2023) ExxonMobil has announced plans to invest $20 billion in the Permian Basin, one of the largest oil-producing regions in the United States, over the next five years.
- ExxonMobil to acquire CNOOC's stake in Iraq's West Qurna-1 oilfield (Source: Bloomberg, February 2023) ExxonMobil has agreed to acquire China National Offshore Oil Corp.'s (CNOOC) 9.84% stake in the West Qurna-1 oilfield in Iraq for $1.1 billion.
- ExxonMobil to reduce greenhouse gas emissions by 20% by 2030 (Source: CNBC, January 2023) ExxonMobil has set a goal to reduce its greenhouse gas emissions by 20% by 2030, as part of its efforts to address climate change.
Recent Company Updates:
- ExxonMobil reports strong fourth-quarter earnings (Source: ExxonMobil, January 2023) ExxonMobil reported strong fourth-quarter earnings, with net income of $6.3 billion and adjusted earnings per share of $1.41.
- ExxonMobil announces new leadership appointments (Source: ExxonMobil, December 2022) ExxonMobil has announced several new leadership appointments, including the promotion of Michael Wirth to chairman and CEO.
- ExxonMobil to increase dividend payout (Source: ExxonMobil, November 2022) ExxonMobil has announced plans to increase its quarterly dividend payout by 3.7% to $0.91 per share.
Recent Research and Analysis:
- ExxonMobil's Permian Basin operations face challenges (Source: Rystad Energy, February 2023) A report by Rystad Energy suggests that ExxonMobil's Permian Basin operations may face challenges due to declining oil prices and increased competition.
- ExxonMobil's climate change strategy under scrutiny (Source: The Guardian, January 2023) A report by The Guardian questions ExxonMobil's commitment to addressing climate change, citing concerns over the company's continued investment in fossil fuels.
Please note that these articles and updates are subject to change and may not reflect the company's current position or activities.