ExxonMobil

Kazakhstan freezes Kashagan operator’s assets over $5B fine

Kazakhstan has frozen the property and transport of the North Caspian Operating Company, operator of the giant Kashagan oilfield, over the consortium's refusal to pay a nearly $5 billion environmental fine, according to the justice ministry's database as reported by…

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Oil supermajors set to post $45.8B in quarterly profit amid Iran war windfall

The world's largest oil companies are poised to report their strongest combined quarterly earnings since the 2022 Russia-Ukraine energy crisis, as the U.S.-Israeli war on Iran and the effective closure of the Strait of Hormuz drove a historic disruption to…