Chevron said it sees a 50% increase in its current Venezuelan output over the next two years, while Exxon left Venezuela out of its official 2030 plans completely.

Exxon Mobil Q4 earnings update: profit, cash flow, and production growth in Guyana & Permian amid weak oil prices.

A multimillion-barrel oil glut weighed on results at industry giants Exxon Mobil (XOM) and Chevron (CVX) in 2025, with both companies reporting annual profit declines but talking up diversification efforts as the US AI build-out and potential regime change in Venezuela opened opportunities for the global energy sector.

Exxon Mobil Chairman and CEO Darren Woods joins 'Squawk Box' to discuss the company's quarterly earnings results, record oil production, investing in Venezuela, global oil demand, 2026 outlook, and more.

Texas oil companies like Exxon are shedding assets as oil prices soften and production costs rise, pressuring producers to tighten their belts.

ExxonMobil Q4 2025 beats EPS estimates at $1.71 per share, with revenue of $82.3B. Upstream production hits 5M barrels/day,

Exxon Mobil Chairman and CEO Darren Woods joins 'Squawk Box' to discuss the company's quarterly earnings results, record oil production, investing in Venezuela, global oil demand, 2026 outlook, and more.

The two U.S. integrated giants reported quarterly earnings with Venezuela in focus.

Oil producer reported adjusted earnings of $1.71 per share as annual upstream production reached its highest point in more than 40 years

ExxonMobil CEO Darren Woods in a CNBC interview stood by comments on Venezuela's oil industry that angered President Donald Trump.