XOM, APA, TTE, E and EQT emerge as the energy headline makers during the week.
SHEL's profit margin in the Refining segment has dropped 30% sequentially, mainly due to a decline in the demand for refined products globally.
SPRING, Texas, October 10, 2024--Exxon Mobil Corporation (NYSE: XOM) has executed the largest offshore carbon dioxide (CO2) storage lease in the U.S. with the Texas General Land Office (GLO). The over 271,000-acre site complements the onshore CO2 storage portfolio ExxonMobil is developing, and further solidifies the U.S. Gulf Coast as a carbon capture and storage (CCS) leader.