Thursday, December 2, 2021

Darren W. Woods

ExxonMobil announces $2 billion Baytown chemical expansion project

ExxonMobil said on Thursday that it will proceed with a $2 billion investment to expand its Baytown, Texas chemical plant, which will create approximately 2,000 jobs during construction and contribute to the approximate 15 percent return the company expects...

ExxonMobil Updates Growth Plans, Significant Additional Upside Possible

ExxonMobil on Wednesday said it has updated its growth plans and expects annual earnings potential to increase by more than 140 percent by 2025 from 2017 adjusted earnings, assuming an oil price of $60 per barrel and based on...

ExxonMobil adds 4.5 billion barrels to reserves

Exxon Mobil Corporation (NYSE:XOM) said on Tuesday, it added 4.5 billion oil-equivalent barrels of proved oil and gas reserves in 2018, replacing 313 percent of the year’s production. ExxonMobil's proved reserves totaled 24.3 billion oil-equivalent barrels at year-end 2018. Liquids...
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Malaysian Airlines flight made an emergency landing in Bangladesh over fake bomb threat

A Malaysian Airlines plane made an emergency landing at Hazrat Shah Jalal International Airport in the Bangladeshi capital Dhaka,...
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