Exxon Mobil on Friday posted mixed fourth-quarter results that showed weakness in its refining and chemicals business, though ...

Big Oil executives this week saw little prospect of a near-term improvement in refinery profits after Chevron , Exxon Mobil ...

Both XOM and CVX faced downward pressure following their Q4 release, reflecting broader market concerns over refining margins and oil price volatility.

Exxon’s full-year refining earnings dropped to $4 billion from $12.1 billion in 2023, according to a statement Friday. As for Chevron, its global fleet of plants earned just $1.7 billion last ...

ExxonMobil (NYSE: XOM) has built a premier oil company. The energy giant has an unrivaled asset base. It controls a treasure ...

Profits for Exxon Mobil Corp. and Chevron Corp were slammed by slumping fuel margins as the prospect of U.S. tariffs on two major oil suppliers threatens to make the refining business even worse.

Annual profits fell, but the oil giants made record distributions to shareholders as production rose to historic levels in ...

While some U.S. refiners are scaling back, Saudi Arabia’s Motiva Enterprises just made a power move. The Saudi Aramco-owned refinery in Port Arthur, Texas, has quietly expanded its capacity, now ...

Exxon reported total earnings of US$33.46-billion for full-year 2024, down from US$38.57-billion the year earlier ...