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FRIDAY, NOVEMBER 27, 2009
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NEWS ABOUT: ExxonMobil

ExxonMobil stories: 31 news summaries

21 - 31 of 31 Stories | << Prev 1 2

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Exxon Plans $1B Floating Refinery

Platform 4 miles off New Jersey would supply natural gas for 5M

Dec 12, 07 8:51 AM CST
(Newser) - In an effort to bypass project-stalling terrestrial opposition, Exxon yesterday said it plans a $1 billion floating liquid natural-gas refinery 20 miles off New Jersey's coast, Market Watch reports. The project, which could open by 2015, would supply enough natural gas for 5 million residential customers in New York and... More »

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energy • environment • New Jersey • ExxonMobil • natural gas • LNG • BlueOcean Energy

Oil, Gold Lift Markets

Record highs fuel late rally

Nov 6, 07 3:37 PM CST
(Newser) - Stocks closed up today, buoyed by surging oil and gold prices. Oil hit $97 a barrel, and gold is at a 27-year high, Bloomberg reports. Energy and metals producers, including Exxon Mobil and Newmont Mining—the world's second-largest gold-mining company—led the rally. The Dow was up 117.54 to... More »

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stock market • Goldman Sachs • ExxonMobil • oil price • gold

Stocks Plummet; Dow Off 362

Rate-cut concerns, and plain old bad news, hit Wall Street hard

Nov 1, 07 3:49 PM CDT
(Newser) - Stocks turned sharply downward today—including a 362-point plunge by the Dow—on concerns over yesterday's Fed rate cut and bad news from Exxon Mobil and Citigroup. The cut led to "nervousness that there's another shoe to drop," a analyst told the Wall Street Journal. The Dow was... More »

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stock market • Citigroup • Federal Reserve • ExxonMobil • interest rate

Early Stock Dive Wipes
Out Fed-Rate Rally

Dow tumbles by more than 250 points in early trading

Nov 1, 07 10:54 AM CDT
(Newser) - Stock fell sharply at the opening today, wiping out yesterday's rally spurred by the Fed's rate cut. The Dow was down by over 250 points in early trading, spurred by several bits of bad news, including an Exxon earnings plunge and a Citigroup downgrade. But the Wall Street Journal speculates... More »

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stock market • Citigroup • Federal Reserve • ExxonMobil

Exxon Mobil Profits Plunge

Biggest quarterly profit drop in three years, based on narrowing margins

Nov 1, 07 9:08 AM CDT
(Newser) - Exxon Mobil profits plunged in the third quarter by the most since the first three months of 2004, when oil was $35 a barrel. The behemoth's quarterly report, released today, sent Exxon shares diving. The drop was caused by equipment and power failures, as well as a narrowing profit margin... More »

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ExxonMobil • gas prices

Supremes Will Rule on Exxon Valdez Appeal

Record damage award in 1989 disaster washes up in Washington

Oct 29, 07 6:23 PM CDT
(Newser) - The Supreme Court will end more than a decade of legal battles over the Exxon Valdez oil spill and review a ruling that awarded a record $2.5 billion in punitive damages in the case. Exxon is hoping the court will throw out or reduce the amount awarded in the... More »

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pollution • oil spill • ExxonMobil • Exxon Valdez • US Supreme Court

Exxon Gives Markets a Boost

Hopes for Fed rate cut, O'Neal ouster buoy stocks

Oct 29, 07 3:47 PM CDT
(Newser) - Stocks rose again today as Exxon Mobil rode record crude prices to its greatest gains in 3 weeks, Bloomberg reports. The Dow was up 63.56 to 13,870.26, the Nasdaq 13.25 to 2,817.44, and the S&P 500 5.70 to 1,540.98. Continuing... More »

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stock market • ExxonMobil • Merrill Lynch • oil price • Stanley O'Neal

Stocks Down, Led by Financials

Financial and energy companies led the way

Sep 24, 07 3:44 PM CDT
(Newser) - The stock market took a dip today after an IMF report predicted that credit markets may not “normalize" soon and will slow global economic growth. Financial and energy companies helped pull the Dow down 61.13 points to 13,759.06. Citigroup, Bank of America and JPMorgan Chase all... More »

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Citigroup • Bank of America • Dow Jones • General Motors • ExxonMobil • IMF • Nasdaq • S&P 500 • JPMorgan Chase

Exxon, Conoco
Pull Out
of Venezuela

Firms reject Chavez demand for 60% stake in future projects

Jun 26, 07 8:04 AM CDT
(Newser) - ExxonMobil and ConocoPhillips are bolting from lucrative operations in Venezuela in the wake of Hugo Chavez's demand that his state-run oil company receive at least a 60% share in projects. Talks over compensation fell apart hours before today's deadline to determine the future of four projects that produce as much... More »

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oil • Venezuela • gas • ConocoPhillips • ExxonMobil • nationalization • Orinoco reserve • Hugo Chávez

Largest Oil Spill in US Seeps Under Brooklyn

Exxon owns up to a century of leaks and dumping over 55 acres

Jun 4, 07 5:54 PM CDT
(Newser) - Underneath the ground of Greenpoint, Brooklyn, is a dark blob of gasoline, solvents, and associated poisons that composes the biggest oil spill in US history.  It's accumulated from a century's worth of smaller leaks and waste dumping, reports New York magazine, and ExxonMobil has quietly accepted the blame, but... More »

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cancer • environment • oil • real estate • environmentalism • New York • waste • oil spill • Brooklyn • Newtown Creek • hydrocarbon • ExxonMobil • Greenpoint • bone cancer • chemicals • solvents

Big Oil Shut Out
Of Iraq Deals

First new oil contracts go to China, India—even Vietnam and Indonesia

Apr 6, 07 8:24 AM CDT
(Newser) - U.S. oil companies are far from first in line as Iraq doles out its initial oil contracts.   China, India—even Vietnam and Indonesia—have the inside track instead, thanks to contracts and infrastructure dating back to the Saddam regime, and more positive Iraqi sentiment. "They have... More »

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Iraq • China • oil • Indonesia • Vietnam • India • Iraq oil • Exxon • Shell • Chevron • BP • business • United States • ExxonMobil • fuel

21 - 31 of 31 Stories | << Prev 1 2


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