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Exxon Mobil News

News on Exxon Mobil continually updated from thousands of sources around the net.

3 hrs ago | Bloomberg

Big Oil Hires Durbin, No. 2 Senate Democrat's Nephew, to Lobby Congress

The lobbying group for oil companies such as Exxon Mobil Corp. and Chevron Corp.

Comment?

Related Topix: US News, US Politics, Nancy Pelosi, US House of Representatives, Democrat, Energy, Oil & Gas, Chevron Corporation, US Senate, Richard Durbin

11 hrs ago | Environmental Leader

Peabody, Exxon Accused of Undermining Climate Talks

Negotiations for a new climate treaty in Copenhagen this December are being blocked by a multi-national backlash led by fossil fuel industries and other heavy carbon emitters, according to a report by the International Consortium of Investigative Journalists , an arm of the nonprofit Center for Public Integrity.

Comment?

Related Topix: Energy, Oil & Gas, Global Warming

Sat Nov 07, 2009

Reuters Video

Iraq signs oil deal with Exxon Mobil

Nov 6 - Iraq signs a deal with Exxon Mobil executives in Baghdad to bag initial rights for development of the country's West Qurna field.

Comment?

Related Topix: Energy, Oil & Gas, Iraq, World News, Business News, Video

Fri Nov 06, 2009

OfficialWire

Exxon Mobil Awards Nine Green Grants

Exxon Mobil Corp. and the National Communication Action Foundation teamed up to award $4 million in grants to improve energy efficiency for low-income houses.

Comment?

Related Topix: Energy, Oil & Gas

Thu Nov 05, 2009

BusinessWeek

Why Big Oil is Returning to Iraq

In June many of the world's biggest energy companies walked away from bidding on potentially rich oil fields in Iraq.

Comment?

Related Topix: Iraq, World News, Middle East, Energy, Oil & Gas, ConocoPhillips, OPEC (Organization of the Petroleum Exporting Countries),

Peak Oil

Exxon Is Latest Oil Major Lured By Coal-Seam Gas Potential

Exxon Mobil Corp. has joined a growing list of major energy companies looking to exploit an emerging source of natural gas once seen mainly as the bane of coal miners.

Comment?

Related Topix: Energy, Oil & Gas

MiamiHerald.com

Exxon-Shell consortium wins West Qurna 1 deal

A consortium grouping U.S. and European oil giants Exxon Mobil Corp. and Royal Dutch Shell PLC won the right to develop one of Iraq's most prized oil fields, Iraq's Oil Ministry spokesman said on Thursday, as the OPEC nation looks to revamp its battered energy sector.

Comment?

Related Topix: Energy, Oil & Gas

Seacoast Online

Irving to buy Maine petroleum terminals

Irving Oil Terminals Inc. said it has reached an agreement with ExxonMobil to buy two petroleum terminals in South Portland and Bangor and the 124-mile pipeline that connects them.

Comment?

Related Topix: Energy, Oil & Gas, South Portland, ME

Wed Nov 04, 2009

Shanghai Daily

Sinopec agrees to buy LNG from Exxon's PNG project

CHINA Petroleum and Chemical Corp, also known as Sinopec, has signed a preliminary agreement with Exxon Mobil Corp to buy 2 million tons a year of liquefied natural gas from the United States energy giant's project in Papua New Guinea.

Comment?

Related Topix: Energy, Oil & Gas, China Petroleum and Chemical, World News, China

Tehran Times

Exxon, oil majors battle to restore earnings as demand plunges share

Exxon Mobil Corp., PetroChina Co. and Royal Dutch Shell Plc are battling slumping fuel demand as oil majors seek to rebuild profits battered by the global fallout from the worst U.S. downturn since the Great Depression.

Comment?

Related Topix: Energy, Oil & Gas, Irving, TX

Tue Nov 03, 2009

CSP

Judge May Dismiss ExxonMobil Lawsuit

An attorney for Exxon Mobil Corp. argued Monday in federal court for the dismissal of a lawsuit filed by dozens of Maryland gas-station operators who have sued the petroleum giant for making moves to sell their stations in a way that they say could violate federal and state laws and possibly force them out of their own businesses, according to a ...

Comment?

Related Topix: Energy, Oil & Gas, Small Business, Personal Finance, Greenbelt, MD

Mon Nov 02, 2009

The Winnipeg Free Press

UTS Energy sells half-interest in three oilsands leases to Imperial Oil, ExxonMobil

UTS Energy Corp. expects to reap $200 million after taxes from the sale of its half-interest in three oilsands leases to Imperial Oil and its parent ExxonMobil .

Comment?

Related Topix: Energy, Oil & Gas, Travel

Sun Nov 01, 2009

Motley Fool

A Strong Start to Big Oil's Earnings Season

BP , the new star of Big Oil , has kicked off the group's latest slate of earnings.

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Related Topix: BP plc, Oil & Gas, Energy, Chevron Corporation, ConocoPhillips, Schlumberger

The Dallas Morning News

Exxon plans to keep jobs, investments although third-quarter profit plummeted

Exxon Mobil's revenue dropped 40 percent to $82.3 billion in the third quarter because of lower oil and natural gas prices and weak demand for fuel.

Comment?

Related Topix: Energy, Oil & Gas

TheStreet.com

Exxon, GDP: Tomorrow's Headliners

Exxon Mobil will headline Thursday's slate of earnings reports while the latest read on gross domestic product will be the featured economic release of the day.

Comment?

Related Topix: Energy, Oil & Gas

Sat Oct 31, 2009

AME Info

ExxonMobil Egypt participates in two major industrial exhibitions

Egypt: 50 minutes ago PRESS RELEASE ExxonMobil Egypt is participating in this year's Mactech and Airtech exhibitions, set to take place later this month in Cairo.

Comment?

Related Topix: Energy, Oil & Gas, Marketing

Gulf Times

Exxon, Shell report huge fall in profits

Tillerson: - Well-positioned with projects such as QatarGas, RasGas and Gorgon LNG' ExxonMobil yesterday said its quarterly profit fell 68%, missing Wall Street estimates, as the global recession bit into fuel demand and crude oil prices fell from year-ago levels.

Comment?

Related Topix: Energy, Oil & Gas

Blogging Stocks

Closing Bell: Just tricks, no treats

Filed under: Exxon Mobil , Citigroup Inc. , CIT Group Today was mired by awful spending and income data as many are actually now not believing that high GDP figure from yesterday.

Comment?

Related Topix: Energy, Oil & Gas, CIT Group, Financial Services

Fri Oct 30, 2009

National Post

Subsidies at centre of Mackenzie Valley Pipeline problem

Andrew Swiger, an executive at Exxon Mobil Corp., which plays a key role in the future of the ill-fated Mackenzie Valley Pipeline, had a few words to say about government intervention at a breakfast speech in Calgary on Friday.

Comment?

Related Topix: Energy, Oil & Gas, North America, Canada, World News

Forbes

Exxon Struggles To Move The Needle

Financially, ExxonMobil's third quarter was in line with its Big Oil peers, but the takeaway from its report is that productionwise, the world's largest energy company is running flat out just to stay in place.

Comment?

Related Topix: Energy, Oil & Gas

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