Growth expectations drive massive valuations for OpenAI and Tesla despite lower current revenues and large projected losses compared with legacy Exxon and Ford.
Exxon Mobil approves $6.8B oil expansion offshore of Guyana-its first with rival Chevron as new partner | Fortune
Exxon Mobil authorized a $6.8 billion offshore expansion in Guyana, Hammerhead, its seventh project there, expected to produce 150,000 barrels per day in 2029.