The Hebron oil project off the coast of eastern Canada has produced its first oil, operator Exxon Mobil said on Tuesday, in a boost to Atlantic Canada's output after years of weak crude prices. At its ...

ExxonMobil has discovered 75 million barrels of oil in recent months at its producing Hibernia and Hebron fields offshore Newfoundland & Labrador, according to the head of the supermajor's Canadian ...

ExxonMobil agrees to buy Canadian O&G producer Celtic Exploration Ltd. in a deal worth about $3.14 billion, including debt. ExxonMobil Corp. agreed Wednesday to buy Canadian oil and gas producer ...

Energy giant ExxonMobil is in a tough spot. It saw production drop last year, as field declines offset project ramp-ups. The downstream side of the business performed even worse. Profit margins on ...

U.S. oil giant ExxonMobil is planning to slash 2,000 jobs globally — and some of those jobs are in Newfoundland and Labrador. "On Monday, we announced a phased restructuring plan that will ensure our ...

ExxonMobil intends to sell its 83% stake in its French business Esso SAF to Canada-based energy firm North Atlantic, the U.S. supermajor said on Wednesday. ExxonMobil France Holding has entered into ...

Exxon Mobil Corporation XOM, a well-known name among global energy players, has a significant presence in the upstream energy ...

NEW YORK (Reuters) - Exxon Mobil Corp. has no plan to merge its Canadian affiliates, even though the two share administrative functions and work closely on some of the country's biggest energy ...

ExxonMobil delivered industry-leading financial results in the first quarter. That empowered it to return an industry-leading amount of cash to its shareholders. The oil company expects to improve ...

ExxonMobil beat earnings expectations in Q1’25, with $1.76 per-share in adjusted earnings. The oil and gas company generated $8.9B in free cash flow, supporting dividends and stock buybacks, despite a ...