ExxonMobil

ExxonMobil studies takeover targets including Australia’s Woodside Energy

An LNG-focused deal has become a more serious priority since the start of the war in Iran in late February

Geraldine Chin (left) steps down after five years at the helm and is suceeded by Jean-Marc Taton, an ExxonMobil veteran.

ExxonMobil names country head Jean-Marc Taton as new Asia-Pacific chair and managing director

The transition comes on the same day the company posted its estimate-beating Q1 adjusted earnings

The US oil producer benefited from higher oil prices and increased production from its primary assets in the Permian Basin and Guyana.

Exxon beats Q1 earnings estimate despite hit from Iran conflict

Adjusted earnings for the quarter were US$1.16 per share, above the consensus estimate of US$1

Base oil and bitumen production will be affected by the shifting crude oil mix, while diesel and fuel oil yields will be driven lower, analysts say.

Not-so-sweet deal for Singapore’s refineries as they shift to US, alternative crudes

Variations in density and sulphur content present compatibility challenges

The company, which operates under the Esso brand, may seek a valuation of US$500 million to US$600 million for the assets.

ExxonMobil said to consider sale of Hong Kong gas stations

[HONG KONG] ExxonMobil is exploring a sale of its gasoline station network in Hong Kong, according to people familiar with the matter, as the US oil and gas giant continues to trim its retail footprin...

ExxonMobil is scheduled to release its complete quarterly results on May 1.

Exxon sees 6% of its worldwide Q1 output shut on Middle East conflict

Half of those outages are concentrated at a liquefied natural gas complex in Qatar

The oil companies argue in their appeal that the Constitution does not permit state-law suits aimed at addressing a global issue such as climate change.

Oil companies get US Supreme Court hearing on climate suits

Boulder says the companies should cover some of the costs state and local governments are incurring to cope with the problem

Chevron is currently the only major US producer that still operates in Venezuela.

ExxonMobil, Chevron clock best month since 2022 as crude surges

The robust moves come alongside an upswing in oil prices and a broader rally

In October, Chandra Asri agreed to buy ExxonMobil’s Esso-branded service station in Singapore for an undisclosed sum.

Chandra Asri gets US$250 million loan to fund equity in Esso deal

The financing underscores how private credit funds and traditional lenders increasingly operate side-by-side in mergers and acquisitions in Asia-Pacific