ExxonMobil posts highest oil and gas output in 20 years outside Middle East in Q2 2026
XOM•Refining, investment and LNG capacity
U.S. Gulf Coast refineries ran at record levels, driving record U.S. diesel output and record U.S. jet-fuel production.
U.S. investment since 2017 topped $100 billion, including more than $11 billion for refinery-related projects.
Golden Pass LNG Train 1 started up in March, lifting U.S. export capacity about 5% versus 2025; full build-out targets roughly 15%.
Record upstream output and Permian production
ExxonMobil flagged record upstream output in April–June 2026, the highest in 20 years excluding the Middle East.
Permian Basin production hit an all-time high, topping all competitors by a wide margin.
