Greece, Italy, and the UK are reopening offshore oil and gas exploration as domestic output becomes essential to curb ...

Exxon Mobil Corp. plans to cut about 2,000 jobs globally as the Texas oil company consolidates smaller offices into regional hubs as part of its long-term restructuring plan. The reductions represent ...

Oil giant Exxon Mobil is preparing to cut thousands of jobs worldwide in a corporate reshuffling. A spokesperson for Exxon confirmed to Barron’s on Tuesday that the company plans to cut 2,000 jobs, ...

Falling oil prices continued to hurt earnings for both Chevron Corp. and Exxon Mobil Corp., but both oil giants beat Wall Street’s profit expectations on Friday as they boosted production to record ...

Exxon Mobil confirmed Tuesday it plans to lay off 2,000 workers, or up to 4% of its global workforce. The move comes as the Houston-based oil major consolidates smaller offices into regional hubs and ...

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Photo: dead seabirds killed by the Exxon Valdez oil spill off Alaska in 1989. Source.

While still ramping up oil production—planning to grow from roughly 4.6 to 5.4 million barrels of oil equivalent per day (an 18% boost) by the end of the decade—Exxon is also flexing its green-tech ...