Exxon Mobil is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion, its largest buyout since acquiring Mobil two decades ago, creating a colossal fracking operator in West Texas.

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

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

Oil companies were swimming in record profits the last few months.

Wildfires, floods and soaring temperatures have made climate change real to many Americans.

Massachusetts’ highest court has rejected a bid by ExxonMobil to dismiss a lawsuit brought by the state that accuses the oil giant of misleading the public about the role its products play in causing climate change.

House Democrats are accusing oil companies of “ripping off the American people” and putting profits before production as Americans suffer from higher gasoline prices amid the war in Ukraine.

Exxon Mobil returned to a profit in its fourth quarter as demand for oil continues to improve.

Exxon Mobil is restructuring its business into three divisions and moving its headquarters from Irving, Texas.

The chairwoman of the House Oversight Committee has issued subpoenas to top executives of ExxonMobil, Chevron and other oil giants, charging that the companies have not turned over documents needed by the committee to investigate allegations that the oil industry concealed evidence about the dangers of global warming.

Exxon Mobil swung to a hefty profit in its third quarter, thanks to increased demand for oil and higher prices.

Top executives of ExxonMobil and other oil giants have denied spreading disinformation about climate change while sparring with congressional Democrats over allegations that the industry concealed evidence about the dangers of global warming.

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.

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.

Oil giants Exxon and BP have reported staggering losses for 2020 as the pandemic crushed energy demand and caused oil prices to tumble. (AP Photo/Alastair Grant, File)DALLAS – Oil giants Exxon and BP reported staggering losses for 2020 on Tuesday as the pandemic crushed energy demand and undercut oil prices. Exxon Mobil Corp. reported the largest losses in its history — nearly $20.1 billion for the fourth quarter, including more than $19 billion to write down the value of company assets. BP PLC posted a profit of $825 million in the fourth quarter but still lost $18.1 billion in 2020. However, the company is still bringing new oil and gas projects into operation.

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.

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.