Margin Increase, Oil Market and New Producing Countries! ExxonMobil Benefits from the Global Energy Crisis!

Record values in the downstream sector: Higher refining margins are expected to boost earnings in Q3 by approximately 4.5 billion USD Focus on oil production in Guyana: LNG expansion plans are reduced from 6 to 3 million tons per year to allocate gas for crude oil production Next growth driver: ExxonMobil transfers its production expertise to Trinidad and Tobago and aims to make the first drilling decision by mid-2027 The geopolitical situation keeps energy markets on edge. Following renewed Ukrainian drone attacks on Russian oil terminals...