Darren Woods

Exxon Mobil Corp. (NYSE:XOM) is moving forward with plans to assess Venezuela's oil assets, even after President Donald Trump publicly criticized the company for its cautious approach. Exxon Plans Venezuela Oil Assessment On Monday, a source familiar with Exxon's strategy told Reuters that the...

President Donald Trump's renewed push for aggressive oil production faces harsh economic realities at home and abroad, according to economist Paul Krugman, who said that the strategy collapses under basic profit-and-loss math. ‘Drill Baby, Drill’ Is Dead In his newsletter on Monday,...

President Donald Trump is contemplating excluding Exxon Mobil Corp. (NYSE:XOM) from the initiative to encourage U.S. companies to invest in Venezuela after the oil giant’s CEO labeled the South American nation as “uninvestable.” Trump Snubs Exxon, Chevron Sees Upside Trump...

President Donald Trump has urged major US oil companies to invest at least $100 billion in Venezuela’s oil sector, a proposition that has been met with skepticism by industry leaders. On Friday, Trump had a meeting with nearly 20 industry representatives in the White House’s East Room....

On Friday, President Donald Trump urged U.S. oil industry leaders to commit $100 billion to rebuild Venezuela's shattered petroleum sector following the removal of Nicolás Maduro. Trump Makes Oil Investment Pitch As Venezuela Awaits Rebuild At a White House gathering with executives from Exxon...

Forget dark pumps and crude rigs—Exxon Mobil Corp's (NYSE:XOM) new currency could be data and carbon storage. Between now and 2030, the oil titan is earmarking up to $30 billion for lower-emission investments—approximately 65% of which will be directed toward helping other industries reduce their...

The yearly base pay of Exxon Mobil Corp (NYSE: XOM) CEO Darren Woods and CFO Kathryn Mikells will be increased, the company announced Monday. According to the company's filing, Woods' yearly salary will be $1.88 million, up from $1.7 million this year. Mikellis will earn $1.22 million in...

Oil major Exxon Mobil Corp (NYSE: XOM) is predicting every new passenger car sold globally by 2040 will be an electric vehicle, CNBC reported, citing CEO Darren Woods. What Happened: ExxonMobil estimates global oil demand in 2040 would be equivalent to what the world needed in 2013 or 2014,...

Exxon Mobil Corp (NYSE: XOM) is trading higher Tuesday after the company announced better-than-expected fourth-quarter financial results and initiated a buyback. Exxon Mobil reported quarterly revenue of $84.97 billion. The company reported quarterly earnings of $2.08 per share, which...

Oil giant Exxon Mobil Corporation (NYSE: XOM) is committed to maintaining its dividend, mostly due to a decades-long focus on maintaining a healthy balance sheet, CEO Darren Woods said Tuesday on CNBC's "Squawk Box." CEO Says Exxon's Focus Unchanged  Exxon remains...

Multiple press outlets reported Wednesday that President Donald Trump is expected to withdraw the United States from the 2015 Paris Climate Accords. Environmental activists, politicians and business leaders alike came out in favor of the agreement, in which nearly 200 nations agreed to cut...

President Donald Trump is withdrawing from the Paris Agreement, Axios reported in a story quoting sources with direct knowledge of the decision. For his part, the president tweeted he would announce his decision in the coming days, leaving open the possibility for a change of mind. EPA...