21/05/2013 18:07:45 Free Membership Login

Exxon Mobil News (NYSE:XOM)

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05/21/20134:40PMZACKSStatoil U.S. Biz to Drive Growth - Analyst Blog
Norwegian major Statoil ASA (STO) intends to grow in the United States with investments in oil and gas assets valued in excess of $20 billion. Statoil has high expectations with respect to growth from these assets. In 2012, the company’s North American portfolio had a compound annual growth rate of over 20%. It aims... More...>>
05/21/201312:40PMDJNRefinery Status: Compressor at Citgo Lemont Refinery Shut In For Repairs
The following table lists planned and unplanned production outages at U.S. refineries as reported by Dow Jones Newswires. The information is compiled from both official and unofficial refining sources and does not purport to be a comprehensive list. Citgo Petroleum Corp. said May 20 that a compressor at its Lemont, Ill... More...>>
05/21/201311:02AMDJNUPDATE: Dimon Poised to Survive Challenge at J.P. Morgan
J.P. Morgan Chase & Co.'s (JPM) James Dimon seemed likely Tuesday to survive a challenge to his grip on the posts of chairman and chief executive, according to a person who saw a preliminary vote tally. Shareholders were also seen as likely to re-elect all members of the bank's board of directors, although some directors... More...>>
05/21/201310:36AMZACKSStock Market News for May 21, 2013 - Market News
Investors grew cautious on Monday owing to fears over a correction and a Federal Reserve official’s comments on monetary stimulus. Encouraging developments on corporate acquisitions could not prevent benchmarks from slumping into negative territory. Among the top ten S&P 500 industry groups, energy stocks gained... More...>>
05/21/20138:30AMZACKSTop Ranked Energy ETF in Focus: XLE - ETF News And Commentary
The energy sector, after facing a terrible 2012, is finally on the rebound in 2013 largely due to a rise in oil production in the U.S. The sector started the year on a strong note but lost its momentum later. However, it seems that the sector has again gained strength and is riding on strong fundamentals (Behind the Rebound... More...>>
05/20/20134:10PMZACKSU.S. Crude Supplies Fall from Record Highs - Analyst Blog
The U.S. Energy Department's weekly inventory release showed that crude stockpiles logged an unexpected decrease from their all-time high level, as refiner demand strengthened and production fell. The report further revealed that product inventories – gasoline and distillate – increased from their previous... More...>>
05/20/20133:15PMDJNAnalysts See Close Vote in Showdown Over Dimon's Dual Roles
By Andrew R. Johnson Analysts say it is too close to call the outcome of a crucial J.P. Morgan Chase & Co. (JPM) shareholder vote on Tuesday that could result in the separation of the bank's chairman and chief executive positions, both currently held by Jamie Dimon. Regardless of the results, some bank analysts that... More...>>
05/20/201310:36AMZACKSStock Market News for May 20, 2013 - Market News
Positive investor sentiment towards encouraging economic data released throughout last week ensured that major indices posted record gains on Friday. The day was also marked by major corporate developments and profits booked by energy and industrial stocks. Meanwhile, the Euro Zone had a sliver of positive news after car... More...>>
05/17/201311:35AMDJNRefinery Status: Phillips 66 Reports Compressor Loss Caused Flaring at Wood River
The following table lists planned and unplanned production outages at U.S. refineries as reported by Dow Jones Newswires. The information is compiled from both official and unofficial refining sources and does not purport to be a comprehensive list. Phillips 66 (PSX) reported that a compressor issue in a coking unit at... More...>>
05/17/201311:30AMZACKSFMC Technologies, XOM Join Forces - Analyst Blog
Maker of oil drilling equipment, FMC Technologies Inc. (FTI) inked a deal with Exxon Mobil Corporation (XOM), the world’s largest publicly traded oil company. Per the contract, FMC Technologies will provide six subsea trees, a manifold and related tie-in tool for the development of the Julia oil field. The oil field... More...>>
05/16/20131:11PMDJNRefinery Status: HollyFrontier Reports Issues at Wyoming and Kansas Refineries
The following table lists planned and unplanned production outages at U.S. refineries as reported by Dow Jones Newswires. The information is compiled from both official and unofficial refining sources and does not purport to be a comprehensive list. LyondellBasell Industries N.V. (LYB) reported May 16 that its Houston... More...>>
05/16/201310:00AMBWMedia Advisory: ExxonMobil Annual Meeting of Shareholders Wednesday May 29, 2013
ExxonMobil is holding its annual meeting of shareholders on Wednesday, May 29, 2013. Media access will be provided to authorized representatives of commercial news organizations who pre-register by Friday, May 24, 2013. Please note, only media who have pre-registered will be provided access to the annual meeting. The meeting... More...>>
05/15/20136:02AMDJNPrysmian Secures Contract from Exxon Mobil
By Gilles Castonguay MILAN--Italian cable maker Prysmian SpA (PRY.MI) Wednesday said it has won a contract worth more than $100 million to supply and install submarine cables for a sector of Exxon Mobil Corp's (XOM) offshore operations in the U.S. Prysmian said in a statement it would provide 50 kilometers of cable used... More...>>
05/14/20133:30PMDJNBG Group 'Satisfied' After Winning 10 of 12 Brazil Exploration Blocks
RIO DE JANEIRO--BG Brasil, the local unit of BG Group PLC (BG.LN), won 10 of the 12 offshore oil and natural gas exploration blocks the company bid for in a hotly contested auction, leaving BG "satisfied" with its performance, BG Brasil President Nelson Silva said Tuesday. BG paid about $200 million in signing bonuses... More...>>
05/14/20133:14PMDJNRefinery Status: BP Reported Emissions At Cherry Point Refinery
The following table lists planned and unplanned production outages at U.S. refineries as reported by Dow Jones Newswires. The information is compiled from both official and unofficial refining sources and does not purport to be a comprehensive list. BP Plc. (BP) reported emitting sulfur dioxide from its Cherry Point refinery... More...>>
05/14/20131:10PMDJNTurkey's State Oil Company To Develop Oil Projects In Kurdistan With Exxon -Erdogan
By Emre Peker ISTANBUL--Turkey's state-run oil firm has struck an agreement with U.S. oil giant Exxon Mobil Corp. (XOM) to develop joint projects in Kurdish-administered northern Iraq, the country's Prime Minister Recep Tayyip Erdogan said Tuesday. Mr. Erdogan also said that Turkey can pursue separate arrangements with... More...>>
05/13/20137:30PMDJNArctic Council Considers China's Bid to Observe Meeting
The Arctic Council, a once-obscure regional forum that had little to show for itself, has nations queuing to participate at a meeting this week in Sweden, as melting ice makes shipping, tourism and resource extraction a reality in the nebulously delineated region. Among the 14 countries and organizations seeking so-called... More...>>
05/13/20136:13PMDJNEIA: Retail Gasoline Price Up 6.5 Cents in Week to Most Since April 8
-- West Coast refinery work lifts prices -- Rocky Mountains prices highest since November amid low stocks -- Nationwide average price highest since April 8 By David Bird NEW YORK--The national average retail price of regular gasoline rose 6.5 cents to $3.603 a gallon in the week ended Monday, the Energy Information Administration... More...>>
05/13/20135:48PMDJNUPDATE: Exxon Mobil Torrance Refinery Maintenance Includes Crude Distillation and Coker Units
(Updates with Exxon statement.) By Ben Lefebvre Exxon Mobil Corp. (XOM) took down the crude distillation unit and other equipment during the maintenance turnaround at its refinery in Torrance, Calif., the company said Monday. Exxon said earlier it would take certain units offline at the 150,000 barrel-a-day refinery for... More...>>
05/13/201311:52AMDJNRefinery Status: Phillips 66 Restarting Sweeny Refinery After Outage
The following table lists planned and unplanned production outages at U.S. refineries as reported by Dow Jones Newswires. The information is compiled from both official and unofficial refining sources and does not purport to be a comprehensive list. Phillips 66 (PSX) said May 12 that it would take several days to fully... More...>>


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