ExxonMobil has announced plans to increase its oil and gas output by 18% by 2030, with a focus on expanding its operations in the US and Guyana. The plan includes raising annual project spending ...

Paul Sankey, an oil analyst, said Exxon’s promises for big capex and ... with more capex being pushed into its new growth engines over time,” said Biraj Borkhataria, analyst at RBC.

Exxon anticipates its capital spending will be between $27 billion and $29 billion next year, rising to a range of $28 billion to $33 billion annually in the 2026-2030 timeframe. Overall, the oil ...

It's a critical moment. ExxonMobil wants to restart offshore drilling in the Santa Barbara Channel, putting the California coastline at great risk of another massive oil spill. We’re not going to let ...

ExxonMobil on Wednesday (Dec 11) said annual project spending will rise to between US$28 billion and US$33 billion between 2026 and 2030, following the acquisition of US shale producer Pioneer Natural ...

This aggressive investment strategy could potentially strain the company's financial flexibility, especially if oil ... engines of growth, which may involve technologies or markets where ...

The top U.S. oil producer laid out a five-year plan to expand output and increase earnings by 2030 by $20 billion over this year's projected $34.2 billion. The new targets come as Exxon is riding ...