Exxon Mobil’s third-quarter profit beat analysts’ expectations, as the oil and gas giant was helped by contributions from Pioneer Natural Resources, a recent acquisition.

U.S. stocks rose to another record as financial markets around the world rallied again.

Senate Majority Leader Chuck Schumer and 22 other Democratic senators are calling on the Justice Department to prevent and prosecute alleged collusion and price-fixing in the oil industry.

Diamondback Energy will attempt to buy rival Endeavor Energy Resources to create an energy giant in the Southwestern United States worth more than $50 billion.

Exxon Mobil’s fourth-quarter revenue and profits declined as the oil giant was weighed down by a hefty impairment charge tied to regulatory issues in California.

Occidental is buying oil and gas company CrownRock in a cash-and-stock deal valued at about $12 billion.

Shares are mostly lower in Asia after a modest advance on Wall Street that kept the market on track for a fourth straight weekly gain.

Chevron is buying Hess Corp. for $53 billion and it’s not even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil prices surge.

Falling crude oil prices and lingering worries about the global economy have been sapping power from energy stocks throughout 2023.

Wall Street closed out a winning April with gains Friday as more companies say their profits at the start of the year weren’t as bad as expected.

Stocks closed mixed on Wall Street Monday as big gains for energy stocks offset losses for some big technology stocks.

Chad's government said it was nationalizing all assets from multinational oil giant, Exxon Mobil, including hydrocarbon and exploration permits.

The U.S. government says Exxon Mobil violated federal law for failing to take sufficient action as five hangman's nooses were displayed at a facility in Baton Rouge, Louisiana.

Exxon Mobil posted record annual profits in 2022 as consumers globally struggled with high prices for gasoline, home heating and consumer goods.

A new study says Exxon Mobil’s scientists were remarkably accurate in their predictions about global warming.

A Former Exxon Mobil employee accused of taking ‘upskirt’ photos of female employees over the past year has been charged, according to court documents.

Greece's prime minister says U.S. energy giant Exxon Mobil is poised to start a delayed gas prospecting project off southwestern Greece.

Oil companies brought in staggering profits once again as consumers worldwide struggled with high gasoline and energy prices.

People living near the Exxon Mobil Baytown Olefins Plant saw the fire and smoke. They also said they felt what they thought was an explosion at around 1 a.m.

Congressional Democrats are calling top executives at ExxonMobil and other oil giants to testify about what lawmakers say is a long-running, industry-wide campaign to spread disinformation about the role of fossil fuels in causing global warming.

Oil companies began gradually to restart some of their refineries in Louisiana, and key fuel pipelines fully reopened, providing hopeful signs that the region’s crucial energy industry can soon recover from the blow of Hurricane Ida.

Exxon Mobil swung back to a second-quarter profit as demand for fuel recovered from lows reached earlier in the pandemic.

Exxon Mobil shareholders have unseated third board member in their bid to force the oil giant to deal more aggressively with climate change.

Exxon Mobil’s shareholders have voted to replace at least two of the company’s 12 board members with directors who are seen as better suited to fight climate change.

ExxonMobil is facing a major challenge from a group of investors in one of the biggest fights a corporate boardroom has endured over its stance on climate change, an issue of rising urgency for many shareholders.

Exxon Mobil has reported profits of $2.73 billion in the first quarter after a tumultuous year led to major spending reductions.

Stocks were broadly higher in afternoon trading Tuesday, but shares of closely watched companies like GameStop and AMC Entertainment were falling sharply. (Colin Ziemer/New York Stock Exchange via AP)BEIJING – Asian shares opened mostly higher on Wednesday although markets in Shanghai and Hong Kong were lower. Tokyo's Nikkei 225 rose 0.7% to 28,552.31 and the Kospi in South Korea edged 0.1% higher to 3,100.35. Overnight, Big Tech companies and banks helped power a broad rally on Wall Street Tuesday, though shares in GameStop and other recent high-flying stocks hyped by online traders plunged. The price of silver, which spiked 9% Monday, fueling speculation the precious metal was also being hyped up by online traders, sank by more than 10%.

NEW YORK – Exxon Mobil reported its third consecutive quarter of losses as the global pandemic curtailed travel and crippled global economic activity. The string of losses and what by almost all counts will be a money-losing year is new territory for Exxon Mobil, which has not posted an annual loss since Exxon and Mobil merged in 1999. Already struggling with weak prices from oversupply, the pandemic has intensified the pain for oil and gas companies. Exxon has begun slashing costs to offset falling energy demand, and that means jobs. Oil demand is expected to fall 8% globally this year, according to the International Energy Agency.

BEIJING – Wall Street closed out another punishing week Friday with the S&P 500 posting its first back-to-back monthly loss since the pandemic first gripped the economy in March. The S&P 500 dropped 1.2% and ended the week with a 5.6% loss, its worst in seven months. President Donald Trump often cites the stock market as a barometer of his administration’s performance on the economy. A similar trend has been occurring across the market: Stocks are not getting the bounce they usually do after reporting results that beat analysts' expectations. A measure of fear in the U.S. stock market, the VIX index, flipped between small gains and losses before rising 1.1%.

NEW YORK – Exxon Mobil is slashing 1,900 jobs from its U.S. workforce, and Chevron plans to cut a quarter of the employees at its recently-acquired Noble Energy as the pandemic saps demand for fuel. Exxon said Thursday the reductions will be both voluntary and involuntary and will largely come from its management offices in Houston. The Irving, Texas oil giant had about 75,000 employees worldwide at the end of 2019. The oil industry was already struggling before the pandemic struck, with a weakened global economy decreasing demand for energy and producers flooding the market with cheap fuel. Chevron confirmed Thursday it would slash jobs at Noble Energy, which it recently acquired, by 25%.

Asian shares were mostly lower Wednesday after a lackluster session on Wall Street following talks between the United States and China on the status of a deal meant to work as truce in their trade war. (AP Photo/Vincent Yu)TOKYO Asian shares were mostly lower Wednesday after a lackluster session on Wall Street following talks between the United States and China on the status of a deal meant to work as truce in their trade war. Hong Kongs Hang Seng edged 0.1% lower to 25,451.22, while the Shanghai Composite shed 1.5% to 3,324.35. Tensions between the United States and China have escalated recently, with President Donald Trump targeting Chinese technology companies in particular. The worsening relationship has been one of the bigger concerns for investors, as well as Asian regional economies.

The purpose: to lure Exxon back to Venezuela after a decade's absence and inject much-needed dynamism into the OPEC nation's collapsing oil industry. But Sessions did engage in other mediation efforts in Venezuela over the next 15 months. The earlier email regarding Exxon and his connection to Rivera was not known at the time. The five-sentence message sent to Sessions' personal email address, which starts with the word eagle," is short on specifics. The U.S. Department of State would be your best resource for any information regarding contacts made with Venezuela, a spokesman said.

The purpose: to lure Exxon back to Venezuela after a decade's absence and inject much-needed dynamism into the OPEC nation's collapsing oil industry. But Sessions did engage in other mediation efforts in Venezuela over the next 15 months. The earlier email regarding Exxon and his connection to Rivera was not known at the time. The five-sentence message sent to Sessions' personal email address, which starts with the word eagle," is short on specifics. The U.S. Department of State would be your best resource for any information regarding contacts made with Venezuela, a spokesman said.

A massive fire burned Wednesday afternoon at the ExxonMobil Baytown Olefins plant.