Exxon

Michael Wirth, CEO of Chevron.Adam Jeffery | CNBCChevron reported a second straight quarter of earnings on Friday as improved demand for petroleum products and a surge in oil prices fueled operations. The company has also resumed its…

A view of the ExxonMobil Baton Rouge refinery in Baton Rouge, Louisiana, May 15, 2021.Kathleen Flynn | ReutersEngine No. 1, the emerging activist firm that has named three candidates to Exxon's board of directors, is launching an…

A third Exxon board seat was held by Engine No. 1 claimed, the activist firm targeting the oil giant for its dependence on fossil fuels, the company said in a statement on Wednesday.The announcement, which is still based on preliminary…

Exxon Mobil returned to profitability in the first quarter, beating estimates for the period as the company recovered from the devastation in the energy sector caused by the coronavirus pandemic.The oil giant earned $ 2.7 billion during the…

MADRID - In the winter of 2015, three directors of an electricity company in Connecticut met with a potential acquirer: a determined Spanish utility named José Ignacio Sánchez Galán, who surprised them with a bold vision for the American…

Activist investor and newly appointed Exxon board member Jeff Ubben is building his stake in the company on a belief that the oil giant will be an integral part of the energy transition."That's me," he said on CNBC's "Squawk on the Street"…

HOUSTON - Amid mounting pressure from investors to address climate change, Exxon Mobil proposed a $ 100 billion project on Monday to track carbon emissions from large industrial plants in the Houston area and deep beneath the Gulf of Mexico…

Exxon CEO Darren Woods told CNBC on Thursday the oil giant was committed to its dividend despite the fact that the company lost more than $ 20 billion in 2020 and activist investors are pushing for change."We will continue to give cash back…

Exxon Mobil announced two board changes on Monday, including activist investor and ESG advocate Jeff Ubben, to signal that the company faces its uncertain future as the world moves towards clean energy and investors shy away from oil…

A vehicle drives past an Exxon Mobil Corp. gas station in Arlington, Virginia, United States on Wednesday, April 29, 2020.Andrew Harrer | Bloomberg | Getty ImagesThe CEOs of Chevron and ExxonMobil discussed the possibility of a merger of…