Exxon already holds stakes in Azerbaijan’s largest oil development project, Azeri-Chirag-Gunashli, and the Baku-Tbilisi-Ceyhan pipeline, which transports Caspian crude to Turkey and onward to ...

ExxonMobil has forecast a reduction of $1.5bn in its second-quarter (Q2) earnings 2025 due to lower oil and gas prices, as reported by Bloomberg. The energy giant indicated that oil prices have ...

ExxonMobil is reportedly in negotiations with Iraq to make a comeback to the nation's oilfields, according to a report by ...

Exxon Mobil Corporation (NYSE:XOM) and Azerbaijan’s state energy firm SOCAR signed an MOU on June 2, 2025, to explore onshore oil and gas production in the former Soviet republic.

Spanning approximately 14 years, the project includes the installation of two-and-a-half million smart meters as well as ...

BAKU. July 22 (Interfax) - State Oil Fund of Azerbaijan (SOFAZ) revenue from the sales of profitable oil and gas from the Apsheron field came to $98.9 million in 2024, up 3.6-fold from $27.8 million ...

ExxonMobil dumps Oguz. Supermajor ExxonMobil plans to close one of its offshore projects in Azerbaijan next year because it failed to find enough oil, it was revealed today.

U.S. oil major Exxon Mobil <XOM.N> and Britain's BP <BP.L> are at loggerheads over a giant oil production deal with Azerbaijan, blocking renewal of what was once called "the contract of the ...

Exxon expects that its earnings will decline by $1.5 billion in the second quarter. It expects its earnings to grow meaningfully by 2030, even if crude prices don't improve. The oil giant revealed ...

LONDON, July 18 - The high-stakes clash between Exxon Mobil and Chevron over a prized South American oilfield may be a sign of what’s to come in the oil and gas industry as competition for a ...

Exxon Mobil Corp. will keep its capital allocation plans intact even if oil declines toward $50 a barrel, Chief Executive Officer Darren Woods said.