What Energy Transition? ExxonMobil Plans 18% Production Boost By 2030
ExxonMobil announced plans on Wednesday to raise its oil and natural gas production by 18% by 2030, investing between $28 billion - $33 billion annually.
ExxonMobil To Spend Billions More Through 2030 on Boosting Oil, Gas Production
ExxonMobil plans to spend $27 billion to $29 billion in 2025 and another $28 billion to $33 billion every year from 2026 through 2030 to boost its oil and gas output.
Exxon sets plan to boost oil and gas output by 18%
Exxon Mobil on Wednesday said its annual project spending will rise to between $28 billion and $33 billion between 2026 and 2030 as it looks to boost its oil and gas output by 18%.
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. All that investment comes at a time when most analysts expect oil prices to fall next year because of a glut—which may be why Exxon stock was down 0.
ExxonMobil to increase oil and gas output by 18% by 2030
ExxonMobil has announced plans to increase its oil and gas output by 18% by 2030, with a focus on expanding its operations in the US and Guyana. The plan includes raising annual project spending to between $28bn and $33bn from 2026 to 2030,
Datacenter Dynamics5h
ExxonMobil plots natural gas power plant to exclusively power data centers
US multinational oil and gas major ExxonMobil has revealed plans for a new 1.5GW natural gas-fired power plant dedicated to ...
Power Engineering1h
ExxonMobil plans large gas plant with CCS for data center power
Exxon believes data centers could account for up to 20 percent of the total addressable market for CCS in 2050.
Hosted on MSN2h
ExxonMobil Unveils Earnings Growth Strategy Worth $20B Till 2030
Exxon Mobil Corporation XOM has unveiled an ambitious Corporate Plan till 2030, leveraging its competitive advantages to deliver sustainable growth and shareholder value. The strategy includes a ...
Upstream1d
ExxonMobil still bullish on 2025 capex
ExxonMobil plans to invest between $27 billion and $29 billion in capital expenditure next year, maintaining a bullish stance ...
POWER Magazine1d
ExxonMobil Planning Large Gas-Fired Plant to Serve Data Centers
ExxonMobil is preparing to join the power generation business, seeing an opportunity to support the electricity supply for ...
GM Authority7d
Two Former GM Execs Get Promotions At ExxonMobil
Former high-ranking GM executives Dan Ammann and Barry Engle are getting promotions at their current employer, ExxonMobil, ...
Baton Rouge Business Report22h
A look at ExxonMobil’s ambitious goals through 2030
ExxonMobil plans to grow its earnings at a compound annual growth rate of 10% and boost spending on capital projects through 2030, The Wall Street Journal reports.  The oil and gas behemoth laid out ...
ExxonMobil Announces 2030 Plan
ExxonMobil (XOM) announced its Corporate Plan to 2030 to create significant upside potential for shareholders. Over the next six ...
TheCable1d
Seplat to complete acquisition of MPNU from ExxonMobil December 12
Seplat Energy Plc says its acquisition of Mobil Producing Nigeria Unlimited (MPNU) from ExxonMobil will be completed on ...
Hosted on MSN7h
How ExxonMobil Pollutes the World
In this Our Changing Climate environmental video essay, I look at the social and environmental impacts of ExxonMobil's vast ...