ExxonMobil (XOM) news

Dow Jones unofficially closes up 189.88 points, or 0.37%, at 51,844.83

The Dow Jones Industrial Average (DJIA) rose 189.88 points, or 0.37%, to close at 51,844.83 on Friday, reflecting modest gains amid ongoing market adjustments. The index, which tracks the performance of 30 large, publicly traded U.S. companies, has undergone recent changes to its composition, with…

US: Exchanges of up to 2M bbl each for ExxonMobil, BP America

Recent data from U.S. crude oil markets indicate that both ExxonMobil and BP America have executed physical crude oil exchanges of up to 2 million barrels each, reflecting heightened activity in the sector amid volatile market conditions. These transactions, which involve the transfer of crude oil…

Shell: New well intervention and drilling campaign on the Ormen Lange field will help increase recovery

Shell has initiated a new well intervention and drilling campaign at the Ormen Lange gas field in Norway, aiming to enhance gas recovery and extend the field’s operational life. The project includes the startup of two subsea compression stations, which are expected to improve gas extraction…

ImportantExxon blocked proposal to settle $5 billion Kashagan dispute - Bloomberg News

Pioneer Acquisition I Corp - Green AI cloud management to continue leading combined company; Pioneer shareholders to roll over 100% equity

ExxonMobil and Pioneer Natural Resources have announced a merger that will create one of the largest integrated energy companies in the United States. The all-stock transaction combines Pioneer’s 850,000 net acres in the Midland Basin with ExxonMobil’s 570,000 net acres in the Delaware and Midland…