Chevron speeds ahead in Venezuela while Exxon urges caution with a ‘little pinch of salt’ ExxonMobil emphasizes the need for lots of additional changes in Venezuela before making any financial plunge. Fortune · 20h ago
US oil companies aim to squeeze more out of refineries as war supply crunch weighs US oil companies are enhancing refinery capacities and reopening closed plants due to global supply disruptions. ExxonMobil and Chevron reported record profits, attributed to soaring commodity prices and refinery margins. Additionally, ongoing conflicts have severely impacted refining output, particularly in Russia and Iran. Analysts suggest that it may take until… The Economic Times · Oct 31
Exxon and Chevron report massive profits after Trump brags U.S. energy companies are ‘making a freaking fortune’ just before midterms Wars and geopolitical risks prove profitable, although Big Oil eyes more long-term certainty. Fortune · Oct 30
How Guyana Became Richer Per Capita Than the United States Guyana produces nearly 1 million barrels of oil daily, has surpassed the US in purchasing-power income per person, and is poised for $6.5B in oil revenue in 2026. Latin Times · Oct 1
Hoping for Lower Prices at the Gas Pump? After Exxon Doubles Profits, CEO Darren Woods Says ‘I Wouldn’t Hold My Breath.’ In a CNBC interview, the oil executive explained the disconnect between crude oil and gasoline prices. Barchart · Aug 1
Chevron posts largest quarterly profit ever, Exxon income surges as Iran war squeezes oil supply The Big Oil giants are taking home near-record profits from high oil and fuel prices worldwide. Fortune · Jul 31
Exxon Mobil CEO sees “more to come” on price spikes from Iran war as Exxon, Chevron beat on earnings despite plunging profits Exxon and Chevron are maintaining a wait-and-see approach to Venezuela, but they're taking diverging paths in the booming Permian Basin. Fortune · May 1
Big Oil embraces exploration outside of the Americas again as Chevron enters Libya American Big Oil is returning to countries in the Middle East, Africa, and beyond to find new sources of oil and gas. Fortune · Feb 11
Energy Is Leading in 2026—But Are the Oil Majors Cracking? Energy is leading the market this year as investors seek safety. Despite mixed earnings, efficiency cuts and high demand keep the sector's outlook hot. MarketBeat · Feb 9
Exxon and Chevron decline new spending in Venezuela while taking a wait-and-see approach for the years ahead Exxon Mobil maintains long-term interest in Venezuela despite Trump’s threat to keep the company out, while Chevron aims to hike its Venezuelan volumes without any additional capital influx. Fortune · Jan 30
Trump is sending funds from Venezuela oil to a bank in Qatar: report Senior officials claim Gulf state provides neutral location to store proceeds from which they can be moved safely and without risk of seizure The Independent UK · Jan 15
As Trump Spats With Exxon CEO Darren Woods Over Venezuela, Should You Take a Risk and Buy XOM Stock? Woods said Venezuela was uninvestable, prompting Trump to say that Exxon was being "too cute" and may not be involved in rebuilding the oil infrastructure in the country. Barchart · Jan 15
Venezuela Reopens Oil Wells as Crude Exports Resume Under Tight U.S. Oversight Venezuela has begun reopening oil wells that were shut during a strict U.S. embargo as crude exports resumed this week under close U.S. oversight, according to a new report. Latin Times · Jan 13
The oil CEO who stood up to Trump is a disciplined follower of the 'Exxon way' with a history of blunt statements Also: All the news and watercooler chat from Fortune. Fortune · Jan 13
Fortune · Jan 12 Trump threatens to keep ‘too cute’ Exxon out of Venezuela after CEO provides reality check on ‘univestable’ industry Exxon Mobil CEO Darren Woods' emergence as an unofficial industry spokesman has put him at odds with Trump with his frank talk over Venezuela.
The Independent UK · Jan 12 Trump shares fake Wikipedia page calling himself ‘Acting President’ of Venezuela President Donald Trump posts meme apparently intended as snub to country’s interim president Delcy Rodriguez, sworn in last week to succeed Nicolas Maduro
Fortune · Jan 10 Trump pushes for $100 billion in oil investments in Venezuela while Exxon and others say it’s currently ‘uninvestable’ without major reforms Oil giants tell Trump they need stability and considerable legal and political reforms before investing big in Venezuela.
Axios · Jan 9 U.S. oil giants tell Trump they're noncommittal on Venezuela Exxon CEO Darren Woods said Venezuela is currently "uninvestable" without "significant changes" to commercial frameworks and legal system.
The Guardian - US · Jan 9 Trump promises oil companies ‘total safety’ in Venezuela as he urges them to invest billions Country is ‘uninvestable’ today, president told, but CEOs signal they are ready to spend with support
Fortune · Oct 31, 2025 Exxon and Chevron hike oil production despite global glut and see more ‘frontier exploration’ as U.S. shale boom slows Chevron cited more exploration efforts in Suriname, Brazil, Angola, Nigeria, Namibia, and the Middle East.
Benzinga · Sep 12, 2025 Exxon Mobil Unveils Synthetic Graphite To Boost EV Battery Life By 30% Exxon Mobil (NYSE:XOM) announced it has developed a new synthetic graphite that could extend the life of electric-vehicle batteries by up to 30%.
Fortune · Aug 5, 2025 The 5 biggest global business rivalries to watch, and how their outcomes will shape the future Breaking down the competition in AI, energy, EVs, and more.
Fortune · Aug 1, 2025 Forced frenemies, Exxon and Chevron take diverging paths as leaders of the booming Permian Big Oil leaders dominate the Permian and the hottest spot in South America.
International Business Times · Aug 1, 2025 Exxon, Chevron Turn Page On Legal Fight As Profits Slip Lower crude prices dented profits at ExxonMobil and Chevron as the companies signaled Friday they are moving past a legal fight over an acquisition ultimately won by the latter firm.
Benzinga · Aug 1, 2025 Exxon Mobil Hits Record Production, CEO Reaffirms Hunt For Value-Driven Deals Exxon Mobil Corporation (NYSE:XOM) announced on Friday its second-quarter 2025 earnings of $7.1 billion, or $1.64 per share, exceeding analyst estimates of $1.47. The company’s total revenues of $81.51 billion also surpassed the consensus forecast of $79.34 billion.