Higher Oil Prices Boost ExxonMobil, Chevron Earnings
US petroleum giants ExxonMobil and Chevron reported big jumps in second-quarter profits Friday, the latest boost from a recovery in ...
Tag: Exxon
ExxonMobil Q2 Profits Nearly Double On Higher Oil Prices To $3.4 Bn
ExxonMobil saw its second-quarter profits nearly double from the year-ago period due to higher oil prices and better refining margins, ...
US Fines Exxon $2 Mn Over Ukraine-Related Sanctions Breaches
The United States on Thursday hit oil giant ExxonMobil with a $2 million fine for violating Ukraine-related sanctions, at a ...
Nigeria and the Hunt For Oil In Boko Haram’s Heartland
Nigeria is reviving its search for oil in the country's conflict-riven northeast, aided by China and emboldened by gains made ...
US Court Blocks Exxon From Forcing Payment From Venezuela
A US appeals court rejected an effort by ExxonMobil Tuesday to enforce a $188 million judgment against Venezuela for the ...
US Dollar Rebounds While Global Stocks Post Gains
Rising oil prices and investor appetite for financial stocks helped boost most major US and European equities on Monday while ...
Qatar Ideal First Diplomatic Crisis For Oilman Tillerson
The Qatar crisis presents Rex Tillerson with his first challenge as Washington's top diplomat and an opportunity for the former ...
Oil Giants Endorse Carbon Tax After Trump’s Paris Exit
Major oil producers, including for the first time ExxonMobil, expressed support on Tuesday for a new US carbon tax, which ...
Elon Musk Says Quitting White House Advisory Panels
Tesla founder Elon Musk on Thursday confirmed he would quit White House business panels in reaction to President Donald Trump's ...
Putin Hosts Modi At Russia’s Economic Showcase
Russian President Vladimir Putin hosts Indian premier Narendra Modi on Thursday on the sidelines of the Kremlin's annual economic forum, ...
With Or Without Trump, US Businesses Moving On Climate
President Donald Trump may be dragging out his decision on whether to ditch the Paris climate agreement, but major American ...
Shareholders Vote For ExxonMobil Transparency On Climate Impact
ExxonMobil's shareholders voted decisively Wednesday to push the oil giant to test how the fight against global warming could affect ...
ExxonMobil Faces Climate Showdown At Annual Meeting
ExxonMobil's controversial stance on climate change will be back in the spotlight Wednesday when shareholders vote on an environmentalist-backed measure ...
Mozambique’s Gas Boom Dream Under Threat
The small, palm-fringed fishing town of Palma was meant to become a symbol of Mozambique's glittering future, transformed by one ...
Oil Earnings Surge But Some Question Skimpy Investment
Rising crude prices drove huge profits for US oil industry giants, but key figures in the sector have raised concerns ...
Venezuela Oil Subsidiary Gave Trump Inauguration $500,000
Citgo, the US affiliate of Venezuela's state-run oil company, donated half a million dollars to Donald Trump's inauguration fund, documents ...
A Case of Syria [Article]
It wasn’t until 2nd September 2013, that an American business mogul and maverick politician, Donald John Trump tweeted: “If the ...
Two Turkish Nationals Kidnapped In Nigeria
Gunmen have kidnapped two Turkish nationals from their hotel in southern Nigeria's oil-rich Akwa Ibom state, police said Tuesday in ...
Trump Moves To Roll Back Obama Climate Measures
President Donald Trump declared the end of a "war on coal" Tuesday, as he moved to curb rules that underpin ...
Trump Poised To Roll Back Climate Protections
US President Donald Trump will on Tuesday roll back a slew of environmental protections enacted by Barack Obama, in a ...