Page 2 - Exxon

Exxon posts first annual loss as a public company on Covid-19 impact

The company reported a net annual loss of $22.4 billion for 2020, on the write down and losses in oil production and refining, compared with a full-year profit of $14.34 billion in 2019

Exxon signals up to $20 billion writedown; will overwhelm 4th-qtr gains

The largest US oil producer has posted losses in the first three quarters of 2020

Exxon to cut 14,000 jobs as coronavirus pandemic dents oil demand

(Reuters) - Exxon Mobil Corp said on Thursday it could cut its global workforce by about 15%, including deep white-collar staff reductions in the United States, as the COVID-19 pandemic batters energy demand and prices.

Exxon downsizes global empire as Wall Street worries about dividend

Wall Street investors are even starting to worry about the once-sacrosanct dividend at Exxon

A $91 billion asset manager dumps Exxon Mobile, Chevron over climate policy

The move by the Oslo-listed company, which has about $91 billion under management, is another illustration of how investors are adjusting to the risks of climate change

Exxon posts second straight quarterly loss on demand, price plunge

Exxon's oil and gas production business fell to a loss and its refining unit was hit by lower demand and weaker prices

BPCL makes faster, cheaper tech to test crude; in talks with MNCs for sale

BPCL has been developing the technology since FY16 and reached commercial production stage two years ago

Exxon aims to sell $25 billion of assets to focus on mega-projects: Report

The sell-off would be a marked acceleration of the US oil major's previous divestment plans.

Exxon shareholders launch proxy fight against the oil giant's directors

The shareholders said they have engaged with Exxon on climate change and its greenhouse gas emissions since 2005 and the company has "failed to respond adequately" in contrast to peers