Recent China Cooperation Updates for ExxonMobil (XOM)
ExxonMobil’s recent cooperation with China mainly focuses on new energy hybrid technology, LNG supply, and low-carbon materials. As of March 7, 2026, there has been no major official announcement about comprehensive large-scale cooperation negotiations with China, but several important developments have occurred.
Key Updates in 2026
✅ BYD × ExxonMobil (Jan 26)
The two companies signed a long-term strategic cooperation memorandum, focusing on new-energy hybrid technologies.
✅ Zhonghui Port Investment × ExxonMobil (Feb)
A long-term LNG purchase agreement was signed to secure gas supply for LNG receiving terminals in the Bohai Rim region (Yantai and Yingkou).
Investor Perspective
As long as the world keeps running, energy demand will remain strong.
Energy may fluctuate in the short term, but the long-term fundamentals are still there.
Stay confident in the energy sector.
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