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Exxon unveils low-carbon plan to power data centers
Exxon unveils low-carbon plan to power data centers; eyes $140B in Permian Basin capex
Exxon Mobil (NYSE:XOM) is designing a natural-gas fired power plant to help fuel data centers that will use carbon capture and storage equipment with the ability to capture more than 90% of its carbon emissions,
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 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 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.
10h
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 ...
6h
Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
A 2021 ruling found the oil giant committed more than 16,000 violations of the Clean Air Act at its Baytown refinery and ...
Opinion
13h
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 ...
16h
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 ...
15h
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 ...
19h
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.
7h
on MSN
Exxon wants to extract its value from Hess Guyana assets, CEO says
Exxon Mobil want to "participate" in Hess Corp.'s sale of its Guyana oil production assets, and extract value from the work ...
18h
Why Exxon Mobil, Brookfield Infrastructure Partners And ALLETE Are Winners For Passive Income
Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors.
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