Exxon Mobil News (NYSE:XOM)

DateTimeSource
Headline
09/21/20167:18PMDJNOil Sector, Investors React to SEC Probe of Exxon -- Update
By Bradley Olson and Michael Rapoport The federal investigation of how Exxon Mobil Corp. values assets in a world of increasing climate change regulations elicited sharp reactions on Wednesday, with some investors seeing it as a tipping point in a campaign to get companies to disclose climate risks, and some oil industry... More...>>
09/21/20166:34PMDJNOil Sector, Investors React to SEC Probe of Exxon Over Climate Change
By Bradley Olson and Michael Rapoport The federal investigation of how Exxon Mobil Corp. values assets in a world of increasing climate change regulations elicited sharp reactions Wednesday, with some investors seeing it as a tipping point in a campaign to get companies to disclose climate risks, and some oil industry... More...>>
09/21/20161:05PMPRNUSInterOil Shareholders Overwhelmingly Approve ExxonMobil Transaction
InterOil Shareholders Overwhelmingly Approve ExxonMobil Transaction PR Newswire SINGAPORE and PORT MORESBY, Papua New Guinea, Sept. 21, 2016 SINGAPORE and PORT MORESBY, Papua New Guinea, Sept. 21, 2016 /PRNewswire/ -- InterOil Corporation (NYSE: IOC; POMSoX: IOC) today announced that at a Special Meeting held today... More...>>
09/19/20169:30AMPRNUSA Recent Claim That Oil Futures Are Set to Rally
A Recent Claim That Oil Futures Are Set to Rally PR Newswire NEW YORK, September 19, 2016 NEW YORK, September 19, 2016 /PRNewswire/ -- Bank of America and Merrill Lynch are very optimistic that oil prices will soon reach a bottom and begin to head towards a bullish move up through June 2017 due to equities branching out... More...>>
09/16/20166:51PMDJNWhen Should a Company Write Down Assets
By Michael Rapoport, Bradley Olson and Chester Dawson Exxon Mobil Corp. is under scrutiny for a question that's fraught for any business: When should a company decide its assets literally aren't worth it? New York Attorney General Eric Schneiderman is investigating why the oil giant hasn't written down the... More...>>
09/16/20166:07PMDJNNew York AG Employs Powerful Law in Exxon Probe
By Christopher M. Matthews On first blush, New York Attorney General Eric Schneiderman's probe into Exxon Mobil Corp.'s accounting practices raises some questions. For instance, why is the top cop in New York investigating the Texas-based company's financial disclosures, a job more commonly handled by the... More...>>
09/16/20165:33PMDJNADRs End Lower; Banks, Oil Firms Slide
International stocks trading in New York closed lower on Friday. Unilever PLC (UL, ULVR.LN) was among the companies with ADRs that traded actively. The BNY Mellon index of American depositary receipts fell 1.3% to 125.96. The European index decreased 1.5% to 120.04, the Asian index dropped 0.9% to 142.06, the Latin American... More...>>
09/16/20167:00AMDJNExxon's Accounting Practices Are Investigated
New York Attorney General Eric Schneiderman is investigating why Exxon Mobil Corp. hasn't written down the value of its assets, two years into a pronounced crash in oil prices. Mr. Schneiderman's office, which has been probing Exxon's past knowledge of the impact of climate change and how it could affect... More...>>
09/15/20163:02AMDJNEnergy Shares' Shine Fades -- WSJ
Sector is no longer top performer in S&P 500; Exxon Mobil's market cap slips $11 billion By Daniel Huang Volatility in the stock market has shaken up even one of this year's big winners. Energy shares tumbled Tuesday, ending the sector's brief run as the biggest gainer in the S&P 500 so far this... More...>>
09/13/20163:15PMDJNExxon Reports Equipment Shutdown at Baytown Refinery
Exxon Mobil Corp. reported an equipment problem and gas emissions at its Baytown refinery near Houston. "Unplanned compressor shutdown resulted in safe utilization of the flare system," the 560,000-barrel-a-day refinery said in a filing it sent to the Texas Commission on Environmental Quality, adding the incident... More...>>
09/13/20169:00AMBWExxonMobil and Princeton University Announce New Energy Research Projects
Projects to focus on solar and battery technologies, plasma physics and Arctic sea-ice modeling ExxonMobil has committed $5 million toward Princeton partnership for new energy research ExxonMobil engaged in similar energy partnerships with MIT and University of Texas ExxonMobil and Princeton University today announced... More...>>
09/12/20163:35AMDJNOil Search, Exxon Buy Stakes in Papuan Gulf Exploration Acreage
By Robb M. Stewart MELBOURNE, Australia--Exxon Mobil Corp. (XOM) and Oil Search Ltd. (OSH.AU) have agreed to pick up deep-water exploration acreage in the Gulf of Papua from a company controlled by China's Cnooc Ltd. (CEO). Exxon and Oil Search, partners in a gas-export venture in Papua New Guinea, have agreed to... More...>>
08/26/201610:29PMDJNExxon Mobil Backs Out of Proposed Alaska LNG Project
By Chester Dawson Exxon Mobil Corp. has decided not to invest in the next stage of a proposed natural gas export terminal in Alaska and said it would work with its partners to sell its interest in the project to the state government. The company's decision comes amid a global glut of natural gas that has depressed... More...>>
08/26/20168:08AMBWOn BizWireTV: Big Name Brands Join Louisiana Relief Effort and a Social Experiment Finds Americans Overwhelmingly Honest
@BizWireTV Featuring Amazfit, Honest Tea, Samsung and Univision On the latest BizWireTV, brands such as Walmart, ExxonMobil and Target, amongst many others, are joining in the relief effort for the historic Louisiana floods. While many are providing financial donations through organizations such as the American Red Cross... More...>>
08/25/20163:03AMDJNOil Firms Binge on Debt -- WSJ
Surge in borrowing amid low crude prices raises fears on capital spending, dividends By Selina Williams and Bradley Olson Some of the world's largest energy companies are saddled with their highest debt levels ever as they struggle with low crude prices, raising worries about their ability to pay dividends and find... More...>>
08/24/20165:12PMDJNLargest Oil Companies' Debts Hit Record High -- Update
By Selina Williams and Bradley Olson Some of the world's largest energy companies are saddled with their highest debt levels ever as they struggle with low crude prices, raising worries about their ability to pay dividends and find new barrels. Exxon Mobil Corp., Royal Dutch Shell PLC, BP PLC and Chevron Corp. hold... More...>>
08/24/20165:59AMDJNLargest Oil Companies' Debts Hit Record High
By Selina Williams and Bradley Olson Some of the world's largest energy companies are saddled with their highest debt levels ever as they struggle with low crude prices, raising worries about their ability to pay dividends and find new barrels. Exxon Mobil Corp. Royal Dutch Shell PLC, BP PLC and Chevron Corp. hold... More...>>
08/22/20168:56PMDJNOil Search Profit Hit by Weak Prices, Dents Dividend
By Robb M. Stewart MELBOURNE, Australia--Oil Search Ltd.'s (OSH.AU) interim dividend was slashed by the sharp fall in oil and gas prices that hit the Papua New Guinea-focused company's first-half earnings. Net profit fell 89% to US$25.6 million in the six months through June from US$227.5 million a year earlier... More...>>
08/19/20164:45PMBWExxonMobil Contributes $500,000 to Flood Relief in Louisiana
American Red Cross and Food Bank to Receive Funding Exxon Mobil Corporation (NYSE:XOM) announced today that it will donate $500,000 to the American Red Cross and the Greater Baton Rouge Food Bank to support local flooding disaster relief assistance in Louisiana. “Our thoughts and prayers are with our friends and neighbors... More...>>
08/18/20162:00PMBWExxonMobil and Georgia Tech Innovation Could Lead to Significant Cuts in Chemical Manufacturing Energy Use and Emissions
Molecular-level filter could revolutionize energy-intense chemical process Significantly reduces amount of energy used in polyester and plastic manufacturing Research published in nation’s leading peer-reviewed journal, Science Scientists from ExxonMobil and the Georgia Institute of Technology have developed a potentially... More...>>
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