The second-largest U.S. oil company, which kept pumping oil in the country after others left, could find it relatively easy to expand its operations if the political conditions there improve.
Category: Exxon Mobil Corp
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Oil Stocks Rally as Investors Bet on Return to Venezuela
The energy sector of the S&P 500 rose 2.9 percent on Monday, lifting the broader market.
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How Nicolás Maduro’s Capture Could Reshape the Global Order
The U.S. seizure of Venezuela’s president has governments, executives and investors bracing for wide-reaching business and geopolitical fallout.
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How Kazakhstan Aims to Tap More Oil Riches Below Its Grassy Plains
After spending nearly $50 billion to expand the country’s Tengiz oil field, Chevron and its partners encounter more uncertainty.
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After Climate Push, Energy Companies Return to Fossil Fuels in Europe
Recent oil and gas deals in Europe suggest that the growing demand for energy may be leading companies to adopt a more pragmatic approach.
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Unexpected Critics of Trump’s Attacks on Wind Energy: Oil Executives
Business leaders and trade organizations have been especially worried by attempts to stop work on wind farms that had already secured federal approval.
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Exxon Chief Says Demand for Oil Remains ‘Very, Very Strong.’
The largest U.S. energy companies reported their lowest second-quarter profits in years, as tariffs have weighed on oil prices.