Texas Supreme Court grants rehearing in case alleging Exxon Mobil sabotaged abandoned wells The Texas Supreme Court on Friday said it will again ...
Buffett's Berkshire acquires ExxonMobil stake, cuts holdings in ConocoPhillips Billionaire Warren Buffett's company bought a nearly $60 million stake in Exxon Mobil Corp., ...
Iraq official: Exxon Mobil-Royal Dutch Shell consortium wins West Qurna Stage 1 field deal A consortium grouping U.S. and European oil giants Exxon Mobil Corp. and Royal Dutch Shell PLC on Thursday signed a $50 billion deal to develop one of Iraq's ...
US major Exxon Mobil has won a contract to develop West Qurna 1 field, the oil ministry said on Thursday, as the foreign role in Iraq's oil industry widens with China leading the way. "Today we will sign with the consortium of ...
A consortium led by Exxon Mobil of the United States has won a contract to develop Iraq's West Qurna 1 field, an oil ministry spokesman told AFP on Thursday. "Today we will sign with the consortium of Exxon Mobil and Shell a ...
China's Sinopec has signed a preliminary agreement with US energy giant Exxon Mobil to buy two million tonnes of liquefied natural gas (LNG) a year from a project in Papua New Guinea. Asia's largest oil refiner would store the LNG in a ...
The value of top executives's pensions rose an average of 19 percent last year even as their companies' share prices dropped, The Wall Street Journal reported Tuesday. Over 200 executives saw pensions jump over 50 percent. The spike, the Journal said, was ...
In this Oct. 27, 2009 photo, a sign is seen at a Mobil gas station in East Montpelier, Vt. Americans are now paying more for gasoline than a year ago, and pump prices are expected to stay higher for several months as ...
NEW YORK/SAN FRANCISCO (Reuters) - Chevron Corp <CVX.N> posted a 51 percent drop in quarterly profit on Friday, becoming the latest oil major to be hit by the steep decline in oil and natural gas prices and anemic margins at refineries. Although ...
US indexes are all up over a percent, with the DJIA lagging due to number 2-weighted Exxon's(XOM) 1.4% decline.Leading the gainers is Timberland (TLB), up 27% on a big earnings beat. (Modeled by Kanye above). They increased operating income 10% despite a ...
Crude prices allow major producers to ramp up operations; wait for economic recovery goes on Oil companies have begun to pump more petroleum and bring in more profits as they recover from an otherwise miserable year. None of the world's biggest producers, ...
LONDON (Reuters) - Exxon Mobil Corp, Royal Dutch Shell Plc and Eni SpA dashed hopes for an imminent turnaround for the oil industry, saying sluggish economic recovery was weighing on energy demand and prices. The three posted big drops in quarterly earnings ...
