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ExxonMobil's December 2024 announcement to pursue up to $30 billion in low-emission projects from 2025 through 2030 is a bold bet on the clean energy transition. Around 65% of this spend is ...
Exxon Mobil (NYSE:XOM), which once criticized clean energy spending by European rivals, is poised to leapfrog Shell (SHEL) and BP (BP) in low carbon spending, the Financial Times reported Monday.
Analysts are considering various suitors—including Shell, Chevron, and ADNOC—especially as BP resets its focus on oil and gas. Elliott’s involvement has reignited talk of a mega-merger ...
The Trump Administration has escalated its crackdown on Venezuela’s oil and gas industry, revoking key licenses for international energy majors, including Shell plc SHEL, BP plc BP and Chevron ...
The Trump Administration has escalated its crackdown on Venezuela’s oil and gas industry, revoking key licenses for international energy majors, including Shell plc SHEL, BP plc BP and Chevron ...
BP’s shares have underperformed the stocks of the other four of the Big Oil group – Shell, TotalEnergies, ExxonMobil, and Chevron – ever since 2020. Neither former BP CEO Bernard Looney, with the push ...
The Trump administration has revoked special licenses for BP (NYSE:BP) and Shell (NYSE:SHEL) natural gas projects in Venezuelan waters intended to supply a massive liquefied natural gas plant ...
According to data from energy consultancy Wood Mackenzie (cited by the Financial Times), the move would place ExxonMobil ahead of Shell and BP in absolute low-carbon investment. While ExxonMobil ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. ExxonMobil, which once derided European rivals’ clean energy investments as a “beauty contest” that ...
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