ExxonMobil(XOM)
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Exxon expects cut of 10% to 15% in Singapore workforce by end-2027
Yahoo Finance· 2025-10-01 09:18
By Trixie Yap SINGAPORE (Reuters) -Exxon Mobil Corp expects to cut staff numbers in Singapore by 10% to 15% and move its office to its Jurong plant on the island by the end of 2027, the company said on Wednesday, in a global restructuring effort. The steps come after the U.S. major unveiled plans on Tuesday to lay off 2,000 workers globally, particularly in Canada and across the European Union, as part of long-term restructuring that will affect about 3% to 4% of its workforce. "We are making changes to ...
埃克森美孚:预计到2027年底在新加坡的员工人数将减少10%至15%
Ge Long Hui A P P· 2025-10-01 06:31
格隆汇10月1日|埃克森美孚表示,计划在2027年底前将新加坡市中心的员工迁至裕廊炼油厂园区。作 为全球重组的一部分,公司预计到2027年底在新加坡的员工人数将减少10%至15%。 ...
Exxon expects to cut Singapore staff by 10% to 15% by end-2027
Reuters· 2025-10-01 06:30
Group 1 - Exxon Mobil Corp plans to reduce its workforce in Singapore by 10% to 15% [1] - The company will relocate its office from downtown to the site of its Jurong plant by the end of 2027 [1] - This move is part of a global restructuring effort [1]
Why Exxon Mobil (XOM) is a Good Option to Invest in LNG
Yahoo Finance· 2025-10-01 03:21
Exxon Mobil Corporation (NYSE:XOM) is included among the 12 Best LNG Stocks to Buy According to Hedge Funds. Why Exxon Mobil (XOM) is a Good Option to Invest in LNG Exxon Mobil Corporation (NYSE:XOM) controls a treasure trove of low-cost oil and gas and also boasts a leading LNG portfolio, producing 23 mtpa of LNG globally through its affiliates and joint ventures. The company also has four major LNG projects currently in progress and intends to roughly double the size of its LNG business to around 40 mi ...
Wall Street Rediscovers Oil and Gas
Yahoo Finance· 2025-09-30 23:00
Encouraged by the U-turn in the U.S. energy policies under President Trump, investors are back to backing oil and gas majors as the self-righteous ESG hype is waning, especially in corporate America. For all the environmental, social, and governance craze of the past few years in markets, ESG has done value investors one big favor—it has helped sink the valuations of oil and gas companies to bargain levels, alongside the oil price crash of 2020, of course. These super-low valuations of Big Oil and other ...
埃克森美孚将在重大公司改革和全面重组计划中裁员数千人。
Xin Lang Cai Jing· 2025-09-30 19:15
埃克森美孚将在重大公司改革和全面重组计划中裁员数千人。 来源:滚动播报 ...
X @The Wall Street Journal
The Wall Street Journal· 2025-09-30 19:10
Exxon Mobil is slashing 2,000 jobs worldwide, the oil industry’s latest mass layoff as companies adapt to anemic oil prices and get more efficient at extracting fossil fuels https://t.co/2iwlVetUQL ...
Exxon to slash thousands of jobs in major corporate overhaul and comprehensive restructuring plan
Fox Business· 2025-09-30 17:56
Core Insights - Exxon Mobil is planning to cut 2,000 jobs, which accounts for 3% to 4% of its global workforce as part of a corporate restructuring effort [1][5] - The company is consolidating smaller offices into regional hubs to align its global footprint with its operating model [2][4] - Other oil industry leaders are also implementing cost-cutting measures, with TotalEnergies aiming to save $7.5 billion by 2030 and Chevron having laid off 15% to 20% of its employees [5] Company Strategy - The restructuring plan is part of Exxon's long-term strategy to redesign work processes and improve cost competitiveness [4] - Exxon emphasizes the importance of collaboration and is realigning its operations to support this goal [2][4] Market Reaction - Following the announcement of job cuts, Exxon's shares fell by 1.46%, trading at $112.55 [5]
ExxonMobil Remains The Go-To Safety Trade In Volatile Energy Market: Analysts
Yahoo Finance· 2025-09-30 16:38
Exxon Mobil Corporation (NYSE:XOM) is boosting oil production efficiency and financial resilience through strategic innovations in its Permian Basin operations, positioning the energy giant for stable cash flow and growth even as 2025 brings market uncertainty. JPMorgan analysts maintain an Overweight rating on Exxon Mobil, citing the energy giant's robust operational improvements and diversified portfolio as key drivers of its resilience and growth potential amid an uncertain 2025 outlook. The firm highli ...
Exxon Mobil eyes South Africa as a top LNG destination
Reuters· 2025-09-30 15:58
Core Insights - Exxon Mobil is focusing on South Africa as a prime location for liquefied natural gas (LNG) projects, according to a senior gas executive at an African energy conference in Cape Town [1] Group 1 - Exxon Mobil views South Africa as a top destination for LNG investments [1]