US oil giants reported lower earnings Friday with accounting effects muting the benefits of the Middle East oil shock, as ...

ExxonMobil's Elektra exploration well off the coast of Cyprus has been deemed uncommercial in a blow to the country's bid to develop offshore gas resources, the Cyprus Energy Ministry said on Monday.

Exxon Mobil Corporation (NYSE:XOM) is one of the largest integrated fuels, lubricants, and chemical companies in the world. Exxon Mobil Corporation (NYSE:XOM) announced on January 26 that it has ...

Exploration drilling at the Elektra-1 well in Block 5 of Cyprus’s Exclusive Economic Zone (EEZ) has concluded without the discovery of commercially viable quantities of natural gas, Cyprus’s Ministry ...

ExxonMobil drilled a non-commercial well in Block 5 offshore Cyprus. The drillship will now move to the adjacent Block 10 to drill the Pegasus-1 exploration well. ExxonMobil Exploration and Production ...

An exploration drill by ExxonMobil offshore Cyprus has failed to find commercial quantities of natural gas, the island's energy ministry said on Monday. Drilling operations had been completed at the ...

Quarterly results reveal a pronounced revenue gap and contrasting margin performance between these two energy giants. See how ...