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Exxon Mobil unveils plans to build a natural gas power plant to supply electricity to data centers
Exxon Mobil is “well along” in a plan to build its first commercial power plant, fueled by natural gas, to directly supply electricity to data centers, the company announced Wednesday. It’s a shift in strategy for the Spring-based oil and gas giant,
Exxon Plans to Sell Electricity to Data Centers
The country’s largest oil company is designing a natural gas power plant outfitted with carbon capture technology to meet the voracious power demand of technology companies.
Exxon Is Exploring Low-Carbon Power Supplies for Data Centers
Exxon Mobil Corp. is working to provide emission-free electricity to data centers by equipping a large natural gas-fired power plant with carbon-capture equipment.
Exxon Mobil to sell electricity to data centers, NY Times reports
Exxon Mobil (XOM) is designing a natural gas power plant outfitted with carbon capture technology to meet the demand of technology companies,
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.
48m
on MSN
Exxon wants to extract its value from Hess Guyana assets, CEO says
HOUSTON (Reuters) -Exxon Mobil want to "participate" in Hess Corp.'s sale of its Guyana oil production assets, and extract ...
11h
Exxon Raises Capital Spending as Worldwide Oil Glut Looms
Exxon Mobil Corp. will raise capital spending next year as it adds the $60 billion purchase of Pioneer Natural Resources Co.
8h
Exxon to boost oil production despite global slowdown
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1h
Exxon can't shake $14.25 mln penalty for air pollution at Texas refinery
A sharply divided federal appeals court on Wednesday rejected ExxonMobil Corp's bid to overturn a $14.25 million civil ...
4h
Fifth Circuit Panel Affirms Exxon $19.95 Million Pollution Fine
Exxon Mobil Corp. is still on the hook for millions of dollars in damages for excess pollution, according to a per curiam ...
18h
Is Exxon Mobil Corporation (XOM) the Best American Dividend Stock to Buy Right Now?
We recently compiled a list of the 8 Best American Dividend Stocks To Buy Right Now. In this article, we are going to take a ...
8h
Exxon sets 5-year 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 ...
6h
Exxon cranks up oil output despite fears of supply glut
Exxon plans to crank out up to $20bn in extra earnings over the next six years and up to $20bn in additional cash flow — a measure of a company’s performance and how much money it can pay out to ...
Crude Oil Prices
5h
Exxon to Increase Oil Production by 18% By 2030
Exxon has set a target to increase overall oil and gas output to 5.4 million bpd by 2030, up about 18% from 4.58 million bpd currently ...
Opinion
4h
Opinion
Exxon Mobil Plots the Way Back to a League of Its Own
The oil giant plans to spend more than rivals on both exploration and shareholder payouts. Javier Blas is a Bloomberg Opinion ...
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