TOPIC

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ExxonMobil

The latest news, analysis and opinion on ExxonMobil. In-depth analysis, industry insights and expert opinion.

Chairman / President

Darren W. Woods

CEO / Managing Director

Darren W. Woods

CFO / Finance Director

Kathryn A. Mikells

Industry

Oil / Gas / Mining

Website

corporate.exxonmobil.com

Headquarters address

Unincorporated Harris County near Spring, Texas, U.S

Stock Code

NYSE:XOM
NYSE:XON

Year founded

1882

US President Donald Trump has favored fossil fuel energy over renewables. Photo: AFP via Getty Images/TNS)

My Take

My Take | The path to the future is renewables, but not in Donald Trump’s America

China is leading the world to make the transition but Washington is stalling under a president whose energy motto is ‘drill, baby, drill’.

10 May 2026 - 10:38PM

United States

US crude tops US$110, Wall Street falls after Trump vows more Iran attacks

3 Apr 2026 - 12:56AMvideocam

US, Israel war on Iran

African producers may have energy edge in Iran war, if they can overcome hurdles

25 Mar 2026 - 7:00PMvideocam

Hong Kong economy

Oil price surge may be passed on to Hong Kong consumers, industry chiefs warn

Government says it has contacted major oil companies to closely monitor the impact of international fuel prices on Hong Kong market.

10 Mar 2026 - 8:23PMvideocam

The government has said it is working to ensure a stable fuel supply. Photo: Sam Tsang

Hong Kong transport

Surcharges considered as Hong Kong fuel prices set to rise amid Iran war

Sector representative says surcharges ‘a reluctant step’, adding many drivers have fixed daily commitments that must be met.

13 Mar 2026 - 1:21PMvideocam

US-Venezuela conflict

US allows oil majors to resume Venezuela operations

The authorisation does not allow transactions ‌with companies in Russia, Iran or China.

14 Feb 2026 - 1:14AMvideocam

US-Venezuela conflict

Trump says might keep Exxon out of Venezuela after CEO called it ‘uninvestable’

US president voices displeasure with the US company’s response to his initiative for Venezuela’s oil industry.

12 Jan 2026 - 4:25PM

The downtown skyline and the Cota 905 neighbourhood in Caracas, Venezuela. Photo: AP

US-Venezuela conflict

Trump declares US national emergency to protect Venezuela oil money

Despite the US president’s urging, energy firms are reluctant to return to the country, which one oil exec described as ‘uninvestable’.

11 Jan 2026 - 5:40AM

United States

China and US coexistence in Venezuela possible, US energy chief says

Chris Wright sees a constructive role for Beijing but insists Washington must remain the dominant force controlling Venezuela’s oil flows.

9 Jan 2026 - 2:31AM

US-Venezuela conflict

US to take control of Venezuela oil sales indefinitely after tanker seizures

Trump says Venezuela ‘stole’ US oil and vowed that proceeds from crude would be sold and controlled by him to benefit both countries.

27 Jan 2026 - 4:42AMvideocam

US forces board the M/T Sophia in the Caribbean Sea on January 7, 2026. Photo: US Department of Defence via AP

US-Venezuela conflict

‘Controlled by me’: Trump says Venezuela to send US up to 50 million barrels of oil

US president declares he will personally control oil proceeds to ‘benefit the people of Venezuela and the United States’.

7 Jan 2026 - 10:09PMvideocam

A local walks past a mural featuring oil pumps and wells in Caracas, Venezuela, on Tuesday. Photo: AP

US-Venezuela conflict

Who wins – and who loses – if the US seizes control of Venezuela’s oil?

Impact on China may be limited thanks to diversified import markets – but Canada, Russia, Saudi Arabia and the EU could face setbacks.

6 Jan 2026 - 6:30PMvideocam

Ukraine war

Kazakhstan tells Ukraine to stop Black Sea oil terminal attacks

Ukraine has mounted wave after wave of attacks on Russia’s oil refineries and crude oil terminals in an attempt to undermine the Russian war economy.

30 Nov 2025 - 5:33PM

China-Africa relations

Chad seeks China boost on oil production as it pivots from West

To revive its energy sector, the African country is counting on Chinese and UAE investment to fill vacuum left by oil majors.

10 Nov 2025 - 4:00PMvideocam

Led by CNPC, Chad is set to expand its operations in existing oilfields and advance plans for a second refinery in the country’s east, as it pivots from partnerships with Western oil firms. Photo: Shutterstock Images

Artificial intelligence

Guangdong pushes AI-powered growth despite looming shadow of Nexperia tensions

A new three-year plan to boost AI-driven manufacturing and foreign investment comes amid global tech-sector friction.

22 Oct 2025 - 7:00PM

Beyond AI, Guangdong is also promoting self-sufficiency in robotics. Photo: Reuters

US-China relations

US business lobby urges Trump to end new curbs on exports to China

The National Foreign Trade Council said the ‘Affiliates Rule’ has resulted in an ‘immediate pause’ of billions of dollars in US exports.

21 Oct 2025 - 3:58AM

United States

Wall Street falls the most since May on Trump tariff news and weak US job data

Treasury yields also fell sharply, amid fears of a weakening economy and uncertainty from the US president’s trade policy.

2 Aug 2025 - 5:18AMvideocam

Business of climate change

EU biodiesel tariffs offer Hong Kong a chance to boost adoption of green fuel

Biodiesel needs more financial incentives to compete with EVs in the city’s decarbonisation efforts, Business Environment Council says.

9 Jun 2025 - 11:47AMvideocam

Hong Kong’s biodiesel consumption amounted to 7.5 per cent of the city’s annual production of 100,000 tonnes. Photo: Shutterstock

Recycling and waste reduction

California sues oil giant Exxon over global plastic pollution

California attorney general accuses ExxonMobil of ‘decades-long deception’ for promising that plastics it produced would be recycled.

24 Sep 2024 - 3:56PM

GBA Development Plan fifth anniversary

5 years on, a surging GBA is driving China’s economic growth

Promising prospects, diverse and booming industries and talent subsidies have drawn more than 200,000 Hong Kong and Macau residents to Guangdong province

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Middle East

US strikes Yemen missile site, will reclassify Houthis as terror group

The US military carried out new strikes in Yemen against anti-ship ballistic missiles in a Houthi-controlled part of the country as a missile struck a Greek-owned vessel in the Red Sea.

17 Jan 2024 - 11:46AMvideocam

A missile being launched from a warship during a US-led coalition operation against Houthi targets in Yemen on January 12. Photo: US Central Command via via Reuters

Banking & finance

Global M&A: deal makers to miss US$3 trillion mark for first time in 10 years

Deal makers are coming to the end of their worst year for mergers and acquisitions since 2013, having seen hopes of a recovery choked off by reluctant lenders and geopolitical flare-ups.

19 Dec 2023 - 3:55PM

A lack of activity by private equity firms has again been one of the major drags on deal-flow this year. Photo: Shutterstock

Business of climate change

Exclusive | Saudi Aramco and Chinese partner ready pilot hydrogen-conversion plant

Aramco and Suzhou-based Since Gas’s pilot plant, which aims to demonstrate the feasibility of a technology for converting ammonia to hydrogen, is part of Aramco’s nearly half a billion US dollars of annual R&D efforts on sustainability.

13 Dec 2023 - 1:04PM

Americas and the Caribbean

Guyana says oil producers moving ahead despite Venezuela’s threats

Guyana’s president said troops are prepared to defend the nation’s territory after Venezuela’s Nicolas Maduro revived a long-dormant dispute over the oil-rich Essequibo region.

12 Dec 2023 - 8:51AM

Americas and the Caribbean

Guyana-Venezuela tensions soar over disputed oil-rich region

The UN Security Council will hold an emergency meeting at Guyana’s request on Venezuela’s claim to a vast oil-rich region called Essequibo.

8 Dec 2023 - 12:51PM

A man in Caracas carries a framed map of Venezuela, showing the disputed Essequibo region as part of Venezuela. Photo: EPA-EFE

Americas and the Caribbean

Venezuelans vote to back sovereignty claim over swathe of Guyana

Voters in Venezuela backed the creation of a new state in the potential oil-rich Essequibo region in a Sunday referendum.

5 Dec 2023 - 4:24AM

A mural of the Venezuelan map with the Essequibo territory included, in Caracas, Venezuela. Photo: AP

Tourism

Destinations known | Taylor Swift needs to speak out on climate breakdown. Why isn’t she?

Taylor Swift, Blackpink, Beyoncé and other performers whose fans drive concert tourism have the power to wake up millions of people to the risks of climate breakdown and need to be more vocal about it.

30 Nov 2023 - 11:39AM

China trade

Will China’s new supply-chain expo showcase ‘self-reliance’ in manufacturing?

The International Supply Chain Expo kicks off next week and is expected to show progress in China’s self-sufficiency drive as ‘de-risking’ becomes more prevalent in a time of geopolitical uncertainties.

22 Nov 2023 - 9:36AM

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ExxonMobil

.css-1pcrwvc{color:#2aa191;}My Take | The path to the future is renewables, but not in Donald Trump’s America

China is leading the world to make the transition but Washington is stalling under a president whose energy motto is ‘drill, baby, drill’.

US crude tops US$110, Wall Street falls after Trump vows more Iran attacks

African producers may have energy edge in Iran war, if they can overcome hurdles

Oil price surge may be passed on to Hong Kong consumers, industry chiefs warn

Government says it has contacted major oil companies to closely monitor the impact of international fuel prices on Hong Kong market.

Surcharges considered as Hong Kong fuel prices set to rise amid Iran war

Sector representative says surcharges ‘a reluctant step’, adding many drivers have fixed daily commitments that must be met.

US allows oil majors to resume Venezuela operations

The authorisation does not allow transactions ‌with companies in Russia, Iran or China.

Trump says might keep Exxon out of Venezuela after CEO called it ‘uninvestable’

US president voices displeasure with the US company’s response to his initiative for Venezuela’s oil industry.

Trump declares US national emergency to protect Venezuela oil money

Despite the US president’s urging, energy firms are reluctant to return to the country, which one oil exec described as ‘uninvestable’.

China and US coexistence in Venezuela possible, US energy chief says

Chris Wright sees a constructive role for Beijing but insists Washington must remain the dominant force controlling Venezuela’s oil flows.

US to take control of Venezuela oil sales indefinitely after tanker seizures

Trump says Venezuela ‘stole’ US oil and vowed that proceeds from crude would be sold and controlled by him to benefit both countries.

‘Controlled by me’: Trump says Venezuela to send US up to 50 million barrels of oil

US president declares he will personally control oil proceeds to ‘benefit the people of Venezuela and the United States’.

Who wins – and who loses – if the US seizes control of Venezuela’s oil?

Impact on China may be limited thanks to diversified import markets – but Canada, Russia, Saudi Arabia and the EU could face setbacks.

Kazakhstan tells Ukraine to stop Black Sea oil terminal attacks

Ukraine has mounted wave after wave of attacks on Russia’s oil refineries and crude oil terminals in an attempt to undermine the Russian war economy.

Chad seeks China boost on oil production as it pivots from West

To revive its energy sector, the African country is counting on Chinese and UAE investment to fill vacuum left by oil majors.

Guangdong pushes AI-powered growth despite looming shadow of Nexperia tensions

A new three-year plan to boost AI-driven manufacturing and foreign investment comes amid global tech-sector friction.

US business lobby urges Trump to end new curbs on exports to China

The National Foreign Trade Council said the ‘Affiliates Rule’ has resulted in an ‘immediate pause’ of billions of dollars in US exports.

Wall Street falls the most since May on Trump tariff news and weak US job data

Treasury yields also fell sharply, amid fears of a weakening economy and uncertainty from the US president’s trade policy.

EU biodiesel tariffs offer Hong Kong a chance to boost adoption of green fuel

Biodiesel needs more financial incentives to compete with EVs in the city’s decarbonisation efforts, Business Environment Council says.

California sues oil giant Exxon over global plastic pollution

California attorney general accuses ExxonMobil of ‘decades-long deception’ for promising that plastics it produced would be recycled.

.css-12ooj4n{font-family:Roboto Condensed,Roboto Condensed fallback,sans-serif;}5 years on, a surging GBA is driving China’s economic growth

Promising prospects, diverse and booming industries and talent subsidies have drawn more than 200,000 Hong Kong and Macau residents to Guangdong province

US strikes Yemen missile site, will reclassify Houthis as terror group

The US military carried out new strikes in Yemen against anti-ship ballistic missiles in a Houthi-controlled part of the country as a missile struck a Greek-owned vessel in the Red Sea.

Global M&A: deal makers to miss US$3 trillion mark for first time in 10 years

Deal makers are coming to the end of their worst year for mergers and acquisitions since 2013, having seen hopes of a recovery choked off by reluctant lenders and geopolitical flare-ups.

.css-19im5qg{color:#c79a00;}Exclusive | Saudi Aramco and Chinese partner ready pilot hydrogen-conversion plant

Aramco and Suzhou-based Since Gas’s pilot plant, which aims to demonstrate the feasibility of a technology for converting ammonia to hydrogen, is part of Aramco’s nearly half a billion US dollars of annual R&D efforts on sustainability.

Guyana says oil producers moving ahead despite Venezuela’s threats

Guyana’s president said troops are prepared to defend the nation’s territory after Venezuela’s Nicolas Maduro revived a long-dormant dispute over the oil-rich Essequibo region.

Guyana-Venezuela tensions soar over disputed oil-rich region

The UN Security Council will hold an emergency meeting at Guyana’s request on Venezuela’s claim to a vast oil-rich region called Essequibo.

Venezuelans vote to back sovereignty claim over swathe of Guyana

Voters in Venezuela backed the creation of a new state in the potential oil-rich Essequibo region in a Sunday referendum.

Destinations known | Taylor Swift needs to speak out on climate breakdown. Why isn’t she?

Taylor Swift, Blackpink, Beyoncé and other performers whose fans drive concert tourism have the power to wake up millions of people to the risks of climate breakdown and need to be more vocal about it.

Will China’s new supply-chain expo showcase ‘self-reliance’ in manufacturing?

The International Supply Chain Expo kicks off next week and is expected to show progress in China’s self-sufficiency drive as ‘de-risking’ becomes more prevalent in a time of geopolitical uncertainties.

My Take | The path to the future is renewables, but not in Donald Trump’s America

5 years on, a surging GBA is driving China’s economic growth

Exclusive | Saudi Aramco and Chinese partner ready pilot hydrogen-conversion plant