PARTNER CONTENT
✕
OPERATIONS

ExxonMobil profits hit by refining slump despite oil output boost

Processing downturn eclipses production gains and gas price rise

Rueben Hale
ExxonMobil profits hit by refining slump despite oil output boost

Credits: Shutterstock

ExxonMobil has reported a 28% decline in first-quarter profit, as a sharp downturn in refining margins overshadowed higher oil production and stronger natural gas prices.  Net income fell to US$7.7...

Start a free trial to continue reading this article

Already have an account?

Subscribe now
RELATED ARTICLES
MORE ON THIS TOPIC
MOST POPULAR
1
EXPLORATION

Korea joins Otway gas push alongside ConocoPhillips and 3D Energi

2
OPERATIONS

Santos Barossa drilling halted over blow out concerns

3
OPERATIONS

Woodside's US bond strategy faces test as Trump risks jolt debt markets

4
ENERGY TRANSITION

Australia set to miss 2030 renewable energy target

RESEARCH

lock Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

Future of Energy Report: Nuclear Power in Australia 2024

Energy News Bulletin’s new report examines what the energy and resources industry thinks of the idea of a nuclear-powered Australia.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

Content
About
Solutions
Legal

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2025 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902

Login