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Exxon Crushes Q3 Forecasts on Record Guyana and Permian Output

Oil news - Fri, 10/31/2025 - 22:30
Exxon Mobil (NYSE: XOM) topped Wall Street expectations for the third quarter, posting $8.1 billion in adjusted earnings, or $1.88 per share—up from $7.1 billion in Q2—on record output from Guyana and the Permian Basin. Analysts had forecast $1.82 per share, according to LSEG data. The quarter’s operational strength came despite weaker crude prices, which averaged $68.17 Brent, down 13% year-on-year. Oil and gas production rose to 4.8 million boe/d from 4.6 million in Q2, with record-setting output in both key regions helping…
Categories: Oil news

Solicitan al TSJ retirar nacionalidad a Yon Goicochea por "vendepatria y extremista"

Apporea noticias - Fri, 10/31/2025 - 22:01
31 de octubre de 2025.- El Gobierno Nacional, a través del Ministerio para Relaciones Interiores, Justicia y Paz (MPPRIJP), ha solicitado este día formalmente al Tribunal Supremo de Justicia (TSJ) el retiro de la nacionalidad venezolana al dirigente de extrema derecha, Yon Goicochea por "solicitar y...
Categories: Venezuelan news

ExxonMobil Sues California Over Climate Reporting Laws

Oil news - Fri, 10/31/2025 - 22:00
ExxonMobil Corp. has filed a lawsuit aimed at stopping California from enforcing two new climate-reporting laws, according to Yahoo/Bloomberg.  The company argues the state isn’t just demanding data — it’s trying to conscript corporations into a particular climate narrative. According to the complaint, the laws force the company to “publicly endorse opinions about climate change that it does not agree with,” which ExxonMobil says crosses a clear First Amendment line. Yahoo/Bloomberg writes that the first law requires…
Categories: Oil news

Guardia Nacional Bolivariana incautó 96 drones en el estado Bolívar

Apporea noticias - Fri, 10/31/2025 - 21:40
31 de octubre de 2025.- Efectivos de la Guardia Nacional Bolivariana (GNB) incautaron 96 unidades de Aeronaves Pilotadas a Distancia, tipo drones. El procedimiento se llevó a cabo en el Punto de Atención al Ciudadano ubicado en Palo Grande, municipio Caroní (Ciudad Guayana), estado Bolívar. Lo...
Categories: Venezuelan news

Chevron's Hess Acquisition Boosts Q3 Output Beyond Expectations

Oil news - Fri, 10/31/2025 - 21:30
Chevron reported stronger-than-expected third-quarter results on Friday, supported by record oil and gas production following its roughly $53-billion acquisition of Hess Corporation. The U.S. supermajor posted adjusted earnings of $1.85 per share, above analyst expectations near $1.68, while total production rose to 4.1 million barrels of oil equivalent per day (boepd) from 3.4 million boepd a year earlier, according to Reuters.  The increase reflects integration of Hess’s operations in Guyana and the U.S. Gulf of Mexico, along with…
Categories: Oil news

Chevron's Hess Acquisition Boosts Q3 Output Beyond Expectations

Oil news - Fri, 10/31/2025 - 21:30
Chevron reported stronger-than-expected third-quarter results on Friday, supported by record oil and gas production following its roughly $53-billion acquisition of Hess Corporation. The U.S. supermajor posted adjusted earnings of $1.85 per share, above analyst expectations near $1.68, while total production rose to 4.1 million barrels of oil equivalent per day (boepd) from 3.4 million boepd a year earlier, according to Reuters.  The increase reflects integration of Hess’s operations in Guyana and the U.S. Gulf of Mexico, along with…
Categories: Oil news

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