Exxon foe Engine No. 1 to build fossil fuel plants with Chevron
Engine No. 1, the hedge fund that bested ExxonMobil in a fight over its approach to climate change, is teaming up with the supermajor’s rival Chevron to build fossil fuel plants to meet soaring ...
Crude Oil Prices15h
Investor Who Fought Exxon Will Build Gas Plants for AI with Chevron
Activist investor Engine No.1 is now teaming up with Chevron to build natural gas-fired power plants to meet soaring ...
The Financial Times3d
Exxon foe Engine No. 1 to build fossil fuel plants with Chevron
The venture comes four years after Engine No. 1 launched one of Wall Street’s most audacious proxy wars against Exxon, arguing that the oil major faced an “existential business risk” by ...
Yahoo Finance24d
Exxon warns of hit to Q4 profits after drop in oil prices, weaker performance across the board
HOUSTON (Reuters) -Exxon Mobil (XOM) signaled on Tuesday that sharply lower oil refining profits and weakness across all its businesses would reduce its fourth-quarter earnings by about $1.75 ...
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Exxon Mobil’s New Plan Goes Bigger in Oil—and Even Data Centers
Exxon Mobil plans to invest heavily into several big projects over the next six years, even as some other oil companies are growing more cautious, the company said at an investor day on Wednesday.
Datacenter Dynamics1d
Chevron partners with Engine No. 1 to develop up to 4GW of gas generation for US data center market
US oil and gas major Chevron and San Francisco-based hedge fund Engine No. 1 have partnered to develop and scale natural ...
Chevron Joins Race to Generate Power for A.I.
The oil company plans to build natural gas power plants that will be directly connected to data centers used by technology ...
Stabroek News15d
Timid against Exxon and oil
More colloquially, a nerve rubbed raw, exposed. This is where things are on the issue of renegotiation of the 2016 Exxon oil contract. Write about that r-word, dare to whisper what is now taken as ...
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Is Exxon Mobil (XOM) the Top Oil and Gas Stock to Invest in According to Hedge Funds?
In this article, we are going to take a look at where Exxon Mobil Corporation (NYSE ... jet fuel, and heating oil; and motor oil and industrial lubricants. With operations in more than 60 ...
Yahoo Finance2d
Exxon Mobil Corporation (XOM)
Exxon Mobil Corporation (NYSE:XOM) explores and produces crude oil and natural gas in the United States and internationally. It is set to report its Q4 2024 earnings on Jan. 31 before the market ...
energydigital14d
Why is ExxonMobil Suing California’s Attorney General?
ExxonMobil has filed a lawsuit against California Attorney General Rob Bonta and environmental groups for defaming and ...
MercoPress2y
Massive investments in Guyana's oil and gas industry by Exxon-Mobil
Exxon, Hess Corp. and CNOOC Ltd Consortium started production in Guyana in 2019. They have discovered more than 10 billion barrels of recoverable oil. Exxon Mobil is investing heavily off the ...