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Tag: XOM

Exxon prepares to wind down one of two steam crackers in Singapore – report

ExxonMobil (XOM) plans to permanently shut down its older steam cracker on Jurong Island, Singapore, in March 2026, Reuters...

wpadmin
December 4, 2025

Exxon in talks with Iraq about buying Lukoil stake in giant West Qurna 2 oil field – Reuters

Exxon Mobil (XOM) has approached the Iraqi oil ministry to express its interest in buying Russian firm Lukoil's majority...

wpadmin
December 2, 2025

Exxon pauses plans for major hydrogen plant, CEO Woods says

Exxon Mobil (XOM) is delaying plans to build what would be one of the world's largest hydrogen production facilities due to...

wpadmin
November 24, 2025

Exxon lifts force majeure on Rovuma LNG project in Mozambique

Exxon Mobil (XOM) said Thursday it has lifted force majeure on the Rovuma liquefied natural gas project in Mozambique as...

wpadmin
November 20, 2025

Exxon to buy 40% stake in Enterprise’s Bahia NGL pipeline in ~$650M deal

Enterprise Products Partners (EPD) said Thursday that Exxon Mobil (XOM) agreed to acquire a 40% stake in its Bahia natural...

wpadmin
November 20, 2025

Lukoil’s suitor list grows to include Exxon – Bloomberg

Exxon Mobil (XOM) and Abu Dhabi National Oil Co. are among companies interested in buying international assets of sanctioned...

wpadmin
November 18, 2025

Exxon to close Scottish chemicals plant, citing U.K. policy and market conditions – FT

Exxon Mobil (XOM) plans to close its Fife petrochemicals plant in Scotland and lay off 200 workers, citing difficult market...

wpadmin
November 18, 2025

Exxon, BASF teaming up to build hydrogen pyrolysis plant in Texas

Exxon Mobil (XOM) and BASF (OTCQX:BASFY) (OTCQX:BFFAF) said Monday they have formed a strategic collaboration to co-develop...

wpadmin
November 17, 2025

Exxon to ‘pace’ low-carbon spending due to weak demand, climate policies, CEO says

Exxon Mobil (XOM) will "pace" spending on low-carbon projects because there were not enough customers willing to buy...

wpadmin
November 10, 2025

Dividend Roundup: Exxon Mobil, Apple, 3M, IBM, and more

This week's dividend activity included increased payouts from Exxon Mobil (XOM) and Capital One FInancial (COF) as well as...

wpadmin
November 7, 2025

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