Exxon News Updates

Business, Technology, Equipment

How Mobil Delvacâ„¢ Helped Nussbaum Transportation

How the Mobil Delvacâ„¢ lubicrants helped this award-winning trucking company take engine performance to the next level. With our customized lubrication program, they were able to increase uptime by extending their oil change intervals from every 50,000 miles to 75,00 miles

November 1, 2022
Business, Technology, Fuel

Exxon Profits Surge

NEW YORK — Exxon Mobil reported $5.48 billion in net income during the first quarter as oil and gas prices rose steadily, more than doubling its profits compared with the same quarter last year.

April 29, 2022
Business, Technology, Fuel, Autonomous

Former Cruise CEO Dan Ammann Lands at Exxon

Dan Ammann, who led the Cruise self-driving unit of General Motors Co. until December with a mission to reduce traffic and eliminate emissions, has landed at oil giant Exxon Mobil Corp.

March 22, 2022
Business, Technology, Fuel

Exxon to Build $400 Million Wyoming Carbon-Capture Project

Exxon Mobil Corp. reached a final investment decision on expanding a carbon-capture facility at LaBarge in Wyoming with the $400 million endeavor expected to start up by 2025.

February 25, 2022
Equipment, Fuel

5 tips to recruit and retain top technician diesel talent

The growing shortage of technicians serving the trucking industry is a critical problem for fleet maintenance managers. But you can keep your fleet on the road and retain great talent with these tips from George Arrants and the ASE Foundation. Download the tip sheet here.

December 1, 2021
Business, Fuel

US Oil Majors Downgraded by S&P on Climate Risk, Earnings

Exxon Mobil Corp., Chevron Corp. and ConocoPhillips had their credit ratings lowered after S&P Global Ratings followed through on its recent warning and revised the industry’s risk profile due to climate change and weak earnings.

February 12, 2021
Business, Fuel

Exxon Reveals Petroleum Product Emissions Data for First Time

Exxon Mobil Corp. released emissions data on customers’ use of its petroleum products for the first time after coming under pressure from investors.

January 5, 2021
Government, Business

Exxon Trial Probes How Oil Giant Accounts for Climate Change

NEW YORK — New York’s attorney general is accusing Exxon Mobil of lying to investors about how profitable the company will remain as governments impose stricter regulations to combat global warming.

October 21, 2019
Business, Technology, Fuel

Exxon Partners With Microsoft to Boost Permian Oil Production

Exxon Mobil Corp. is partnering with Microsoft Corp. to crunch trillions of bits of data as the oil titan seeks to more than triple shale-oil production in the Permian Basin in less than a decade.

February 22, 2019
Business, Fuel

Texas Shale Forces Big Oil Cost Revolution, Chevron CEO Says

The low break-even costs to pump in the Permian are forcing Chevron to be more efficient everywhere, Wirth said, from the deepwater platforms in the Gulf of Mexico to its liquefied natural gas plants.

February 13, 2019