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Weaker crude prices and refining margins are likely forcing four of the five supermajor oil companies to borrow money to fund $15 billion in share buybacks for the most recent quarter.

Exxon Mobil Corp. is looking to sell a package of conventional oil assets in the Permian Basin as the company focuses on growing shale production.

Exxon Mobil forecasts global oil demand in 2050 will be the same — or slightly higher — than current levels, putting efforts to reach net-zero carbon emissions by midcentury well out of reach.

Hess Corp. shareholders approved Chevron Corp.’s $53 billion takeover despite reservations among several prominent investors about a dispute with Exxon Mobil Corp. over a key asset.

Exxon Mobil pressed the case for hydrogen produced from natural gas to receive U.S. tax credits under the IRA after signing an accord to sell the fuel to Japan’s biggest power provider.

Exxon Mobil is open to talking to Chevron about its proposed takeover of Hess as the oil giants spar over the deal’s implications for a massive offshore oil project in Guyana.

Senate Majority Leader Chuck Schumer is urging the Federal Trade Commission to look into whether Exxon Mobil and Chevron’s proposed oil and gas acquisitions could violate antitrust laws.

Nussbaum Transportation worked with the MobilTM Engineering team to evaluate their fleet’s oil program. After implementing a new lubrication strategy, Nussbaum was able to safely extend oil drain intervals to 75,000 miles and improve their fuel efficiency. 

After implementing a new lubrication strategy, Nussbaum Transportation was able to safely extend oil drain intervals to 75,000 miles. But they didn’t stop there. Seeing these results Nussbaum also looked to improve their fuel efficiency. See how they did it.

See how the Mobil Delvacâ„¢ team created a lubrication strategy for a Texas-based transportation company that extended oil drain intervals, provided enhanced engine protection, saved more than 500 labor hours for their team, and reduced their costs by over $700,000 per year.