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Calpine, ExxonMobil sign CO2 transportation and storage agreement for power generation project
  • ExxonMobil to transport and store up to 2 million metric tons per year of CO2 from Calpine’s natural gas power generation facility.
  • Calpine plans to produce ~500 megawatts of reliable low-carbon electricity, enough to power more than 500,000 homes.
  • Project expected to bolster U.S. energy, strengthen industry competitiveness, and create jobs.
ExxonMobil announces leadership changes
  • Karen McKee to retire after 34 years of service.
  • Matt Crocker appointed President, ExxonMobil Product Solutions Company and Vice President, Exxon Mobil Corporation.
ExxonMobil announces 2024 results SPRING, Texas – January 31, 2025 – Exxon Mobil Corporation today announced fourth-quarter 2024 earnings of $7.6 billion, or $1.72 per share assuming dilution. Cash flow from operating activities was $12.2 billion and free cash flow was $8.0 billion. Capital and exploration expenditures, and cash capital expenditures were both $7.5 billion in the fourth quarter, bringing the full-year expenditures to $27.6 billion and $25.6 billion, respectively – both in line with full-year guidance. For full-year 2024, the company reported earnings of $33.7 billion, or $7.84 per share assuming dilution.
ExxonMobil to release fourth quarter 2024 financial results SPRING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE: XOM) will release its fourth quarter 2024 financial results on Friday, January 31, 2025. The company will issue a press release via Business Wire that will be available at 5:30 a.m. CT at investor.exxonmobil.com.
ExxonMobil announces plans to 2030 that build on its unique advantages Expects to deliver growth potential of $20 billion in earnings and $30 billion in cash flow1