Amazon, Exxon Hydrogen Hubs Get Slice of $7 Billion US …
Hydrogen projects involving Amazon Inc., Exxon Mobil Corp. and Air Products and Chemicals Inc. are among those receiving portions of $7 billion in US funding meant to make the country a leader in the controversial fuel. President Joe Biden and Energy Secretary Jennifer Granholm officially announced the seven projects — …
Global operations | ExxonMobil
Sustainability Report. Wherever we work, ExxonMobil's goal continues to be to conduct our business in a way that protects the country's natural and social environments while providing economic benefits to its citizens. We operate facilities or market products all over the world and explore for oil and natural gas on six continents.
Exxon launches Mobil Lithium brand to produce lithium …
Exxon Mobil Corp. (NYSE: XOM) intends to become a leading lithium producer for electric vehicles and batteries by 2030 with its lithium assets in southwest Arkansas. On Nov. 13, Spring-based Exxon ...
ExxonMobil Drilling First Lithium Well in Arkansas, Aims to …
SPRING, Texas, November 13, 2023--Exxon Mobil Corporation (NYSE: XOM) today announced plans to become a leading producer of lithium, a key component of electric vehicle (EV) batteries. Work has ...
Exxon Mobil Stock (NYSE:XOM), Quotes and News Summary
The latest price target for Exxon Mobil ( NYSE: XOM) was reported by Mizuho on Tuesday, March 19, 2024. The analyst firm set a price target for 125.00 expecting XOM to rise to within 12 months (a ...
Head of Exxon Mobil's Lithium Project says Drilling to Start …
Exxon Mobil is drilling about 10,000 ft deep to tap into the market with a target of first lithium production in 2027. The process involves drilling a well to extract …
Newsroom | ExxonMobil
ExxonMobil plans to spend $20 billion globally on lower-emission investments from 2022 through 2027, but unless policies change, it will be difficult to spend part of those funds in Europe. Policy plays a key role in making Europe attractive for the projects and technologies needed to help advance the energy transition.
News releases | ExxonMobil
All news releases. ExxonMobil announces 2023 results SPRING, Texas – February 2, 2024 – Exxon Mobil Corporation today announced fourth-quarter 2023 earnings of $7.6 billion, or $1.91 per share assuming dilution. Fourth-quarter results included unfavorable identified items of $2.3 billion including a $2.0 billion impairment as a result of ...
Newsroom | ExxonMobil
Understand the trends that shape global energy supply and demand and see how ExxonMobil helps improve standards of living for people worldwide. Learn more.
Exxon launches Mobil Lithium to produce lithium from …
Exxon Mobil Corp. intends to become a leading lithium producer for electric vehicles and batteries by 2030 with its lithium assets in southwest Arkansas. Exxon (NYSE: XOM) announced Nov. 13 its ...
ExxonMobil drilling first lithium well in Arkansas, aims to be …
The company is targeting its first lithium production for 2027 and is evaluating growth opportunities globally. By 2030, ExxonMobil aims to be producing enough lithium to supply the manufacturing needs of well over a million EVs per year. Discussions with potential customers, including EV and battery manufacturers, are …
ExxonMobil (XOM): Company Profile, Stock Price, News, …
ExxonMobil stock chart ExxonMobil in Fortune Rankings America's Most Innovative Companies Global 500 Fortune 500 100 Fastest-Growing Companies World's Most Admired Companies
Exxon acquires lithium rights as oil majors move into mineral …
Florence Jones May 23, 2023. Share this article. Credit: Jonathan Weiss via Shutterstock. Exxon Mobil has purchased drilling rights in Arkansas in the south of the US, believed to …
ExxonMobil to build lubricant manufacturing …
Mumbai, Maharashtra – ExxonMobil said today it is investing nearly INR 900 crore (USD $110 million) to build a lubricant manufacturing plant at the Maharashtra Industrial Development …
ExxonMobil (XOM) Begins Drilling First Lithium Well in …
November 14, 2023 · 3 min read. Exxon Mobil Corporation XOM initiated lithium drilling operations in Arkansas, with the goal of establishing itself as a prominent supplier of lithium for electric ...
Exxon Mobil set to begin lithium production in southwest
LITTLE ROCK, Ark. – Arkansas is set to become a major site for energy production as Exxon Mobil Corporation announced Monday that it would begin drilling its first lithium well in southwest Arkansas this month. The well will be on a 120,000-acre range where the company has acquired mineral rights as part of its plan to become a leading ...
Exxon aims to make key lithium technology decision by year …
Exxon Mobil plans to decide by the end of the year which lithium filtration technology it will use in Arkansas as part of its push to become one of the world's top …
ExxonMobil to begin Mining Lithium
To meet projected growth in EVs, the world will need a lot more lithium. ExxonMobil plans to become a leading supplier of lithium, using a modern process that has significantly less environmental impact than traditional mining. We also have a deep connection to battery technology: Our own Dr. M. Stanley Whittingham led the research …
Exxon's faces hurdles in $2.5 billion exit from California …
HOUSTON, Jan 8 (Reuters) - Exxon Mobil's write-down of about $2.5 billion of troubled California properties aims to end five decades of offshore oil production in the state, but a full exit from ...
Guyana contractor in US probe leaves $300 million Exxon …
HOUSTON, Oct 4 (Reuters) - Guyanese mining magnate Nazar Mohamed has pulled out of a consortium hired to build a $300 million logistics base for oil giant Exxon Mobil Corp, opens new tab in the ...
About Exxon & Mobil
Fueling American journeys since 1870. For more than 135 years, ExxonMobil has been developing quality fuel products to get people where they need to go. From the early days of Standard Oil and Socony-Vacuum Oil, to the brands by which we are known today – Exxon, Mobil, and Esso – we are happy to have played a role in some of America's ...
Exxon Mobil: What To Expect From Future Growth Prospects
Exxon has increased its long-term debt quite substantially for the past 10 years: From ~$6.5 billion in 2013 to ~$34.8 billion now (numbers from Seeking Alpha). But if we look at long-term ...
Exxon Mobil is drilling for lithium in Arkansas and expects …
Updated 3:52 PM PDT, November 13, 2023. LITTLE ROCK, Ark. (AP) — Exxon Mobil on Monday announced it's drilling for lithium in southern Arkansas, with the oil giant expected to begin production of the critical material for electric vehicles by 2027. Exxon in early 2023 acquired the rights to 120000 gross acres (48562 gross hectares) of …
Exxon Mobil is drilling for lithium in Arkansas and expects to …
Updated 3:52 PM PDT, November 13, 2023. LITTLE ROCK, Ark. (AP) — Exxon Mobil on Monday announced it's drilling for lithium in southern Arkansas, with the oil giant expected to begin production of the critical material for electric vehicles by 2027.
Exxon Mobil Corporation | ExxonMobil
Exxon Mobil Corporation (XOM) $114.97. $1.18 (1.04%) ... Latest news. Our global organization. Left Arrow Right arrow. ExxonMobil's three primary businesses provide products that enable modern life, including energy, chemicals, lubricants, and lower-emissions technologies. We have an industry-leading portfolio of resources, and we're …
Exxon-Pioneer deal talks heat up, with $60 billion
7:46 AM on Oct 6, 2023 CDT. LISTEN. Exxon Mobil Corp. is in talks to acquire Irving-based Pioneer Natural Resources Co., according to a person familiar with the matter, nearing its largest ...
XOM.N
Exxon Mobil Corporation is an international energy and petrochemical company. The Company's primary businesses include exploration for, and production of, crude oil and natural gas; manufacture ...
Exxon Sees Lithium From Saltwater as Greener Than Mining
Exxon Mobil Corp. wants to harvest lithium from underground saltwater in what it says is a cheaper and more environmentally friendly method than traditional …
ExxonMobil earns $23 billion in 2021, initiates $10 billion …
IRVING, Texas – February 1, 2022 – Exxon Mobil Corporation today announced fourth-quarter 2021 earnings of $8.9 billion, or $2.08 per share assuming dilution, resulting in full-year earnings of $23 billion, or $5.39 per share assuming dilution. Capital and exploration expenditures were $5.8 billion in the fourth quarter and $16.6 billion for the full year 2021, …
Exxon Mobil enters American lithium mining game: 'We see …
Exxon Mobil enters American lithium mining game: 'We see an opportunity'. Story by Rick Kazmer • 1w. To extract the lithium, Exxon experts are using …