Exxon Mobil News (NYSE:XOM)

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Headline
03/24/20175:00PMBWExxonMobil Recommends Shareholders Reject the Below-Market Mini-Tender Offer by TRC Capital Corporation
Exxon Mobil Corporation (NYSE:XOM) today announced that it has received notice of an unsolicited mini-tender offer by TRC Capital Corporation to purchase up to 2 million shares of ExxonMobil common stock, which represents approximately 0.05 percent of the shares outstanding as of the March 13, 2017 offer date. TRC Capital’s... More...>>
03/16/201711:08PMDJNExxon Rejects New York's Accusations in Climate Case
By Erin Ailworth Exxon Mobil Corp. called accusations that it withheld documents relating to climate change from the New York attorney general an attempt to discredit the energy company, but disclosed a newly discovered technical issue that could mean it will soon release more of its former chairman's emails. Attorney... More...>>
03/16/201710:49PMDJNExxon Rejects New York's Accusations in Climate Case
By Erin Ailworth Exxon Mobil Corp. called accusations that it withheld documents relating to climate change from the New York attorney general an attempt to discredit the energy company, but disclosed a newly discovered technical issue that could mean it will soon release more of its former chairman's emails. Attorney... More...>>
03/15/20175:47PMDJNMany Executives Use Numerous Email Addresses, But Few Adopt Alter Egos
By Vanessa Fuhrmans and Joann S. Lublin The news that Secretary of State Rex Tillerson used an email alias while he was chief executive of Exxon Mobil Corp. surprised much of the business world -- if only for his moniker's creativity. Many executives have an alternate company email address, or even two or three, business... More...>>
03/15/20179:00AMBWExxonMobil to Release 2016 Financial and Operating Review
Exxon Mobil Corporation (NYSE:XOM) will release its 2016 Financial and Operating Review on Wednesday, March 22, 2017. The report will be posted at 8 a.m. CDT at www.exxonmobil.com/investor. View source version on businesswire.com: http://www.businesswire.com/news/home/20170315005149/en/ ExxonMobilMedia Relations, 972-444-1107... More...>>
03/15/20173:04AMDJNAustralia Gets Commitment From Gas Producers to Increase Domestic Supply
By Robb M. Stewart and Rob Taylor Australia has secured a commitment from natural-gas producers to increase supplies along the eastern seaboard to fend off a looming shortfall and help rein in power prices, Prime Minister Malcolm Turnbull said Wednesday. The pledge from international and local energy companies, including... More...>>
03/14/20176:00AMPRNUSBuckhorn Energy Services, LLC Enters Into Service Agreement with XTO Energy Inc. in McKenzie County, North Dakota
Buckhorn Energy Services, LLC Enters Into Service Agreement with XTO Energy Inc. in McKenzie County, North Dakota -Buckhorn will build, own and operate an 87-mile pipeline and disposal system to provide long-term produced water gathering and disposal services PR Newswire GREENWOOD VILLAGE, Colo., March 14, 2017 GREENWOOD... More...>>
03/13/20178:50PMDJNRex Tillerson Used Alias Email at Exxon to Discuss Climate Change, New York Says
By Christopher M. Matthews and Erin Ailworth The New York attorney general accused Exxon Mobil Corp. Monday of withholding documents from his office as it investigates whether the energy company misrepresented its understanding of climate change to investors and the public. Lawyers for Attorney General Eric Schneiderman's... More...>>
03/10/20173:02AMDJNShell Deals Forsake Canada's Oil Sands -- WSJ
Company pulls back from high-cost source in push to cut debt and tighten its focus By Michael Amon and Sarah Kent LONDON -- Royal Dutch Shell PLC is selling nearly all of its Canadian oil-sands developments in deals worth $7.25 billion, deserting a region that has come to symbolize the risks for energy companies in high-cost... More...>>
03/09/20173:53PMDJNShell to Sell Canadian Oil-Sands Business for $7.25 Billion -- 2nd Update
By Michael Amon and Sarah Kent LONDON -- Royal Dutch Shell PLC is selling nearly all of its Canadian oil-sands developments in deals worth $7.25 billion, largely abandoning a region that has come to symbolize the risks for big energy companies in high-cost, carbon-intensive sources of oil. The deal marks a fresh milestone... More...>>
03/09/20178:33AMDJNExxon Buys Stake in Offshore Mozambican Natural Gas Field for $2.8 Billion
By Austen Hufford Exxon Mobil Corp. said Thursday that it would buy a 25% indirect interest in an offshore natural gas field near Mozambique from Eni SpA for about $2.8 billion. The deep water "Area 4" block contains an estimated 85 trillion cubic feet of natural gas. Eni currently holds a 50% indirect share... More...>>
03/09/20178:08AMBWWatch now: BizWireTV Covers the Most Anticipated Gaming Console Launch of the Year & Get Ready for the First Scaled Augmented...
View the Interactive Episode at www.BizWireTV.com Featuring Children’s Hospital Los Angeles, Comcast, Confluent, Embarcadero Technologies, Exxon Mobil, Fitbit, Lenovo, MTV, Nimble, Nintendo, Shazam, Six Flags Over Georgia, Time, Zenrez On the latest BizWireTV, catch what’s on The Launch Pad and see what’s happening... More...>>
03/09/20176:41AMDJNShell to Sell Canadian Oil-Sands Business for $7.25 Billion -- Update
By Ian Walker and Michael Amon LONDON-- Royal Dutch Shell PLC is selling nearly all of its Canadian oil-sands developments in deals worth $7.25 billion, largely abandoning a region that has come to symbolize the risks for big energy companies in high-cost, carbon-intensive sources of oil. Shell is pulling out of the Canadian... More...>>
03/09/20176:00AMBWExxonMobil to Acquire 25 Percent Interest in Mozambique Area 4 from Eni
ExxonMobil and Eni have signed today a sale and purchase agreement to enable ExxonMobil to acquire from Eni a 25 percent indirect interest in the natural gas-rich Area 4 block, offshore Mozambique. Eni currently holds a 50 percent indirect share in the block through a 71.4 percent stake in Eni East Africa, which owns... More...>>
03/08/20177:29AMDJNOil Companies Take to Thrifty Bets
By Sarah Kent and Bradley Olson The world's biggest oil companies are getting thrifty. Oil prices have made a modest comeback from the lows hit a little over a year ago, but energy companies such as Exxon Mobil Corp. and BP PLC aren't pursuing the extravagant bets they made at $100 a barrel -- like commissioning... More...>>
03/06/201710:25PMDJNTrump Praise for Exxon Follows Meeting With Tillerson, Ex-CEO
By Rebecca Ballhaus When President Donald Trump has singled out companies for praise or criticism in the past, it has often raised the question: Why those? That was less so the case on Monday. The White House at 3:43 p.m. issued an official statement congratulating Exxon Mobil Corp. on its plan to invest $20 billion expanding... More...>>
03/06/20176:38PMDJNExxon's $20 Billion Spending Plan Points to U.S. Energy Surge -- Update
By Bradley Olson HOUSTON -- Exxon Mobil Corp. plans to spend about $20 billion on refineries, petrochemical plants and other projects in and around the Gulf of Mexico, Chief Executive Darren Woods said Monday, underscoring how the giants of the global energy industry are turning to America. Mr. Woods outlined the 11-project... More...>>
03/06/20174:45PMDJNExxon's $20 Billion Spending Plan Points to U.S. Energy Surge
By Bradley Olson HOUSTON -- Exxon Mobil Corp. plans to spend about $20 billion on refineries, petrochemical plants and other projects in and around the Gulf of Mexico, Chief Executive Darren Woods said Monday, underscoring how the giants of the global energy industry are turning to America. Mr. Woods outlined the 11-project... More...>>
03/06/20173:10PMBWExxonMobil Plans Investments of $20 Billion to Expand Manufacturing in U.S. Gulf Region
New projects expected to create more than 45,000 high-paying jobs across the region and thousands more through multiplier effect Exxon Mobil Corporation (NYSE:XOM) is expanding its manufacturing capacity along the U.S. Gulf Coast through planned investments of $20 billion over a 10-year period to take advantage of the... More...>>
03/01/201711:44AMDJNExxon Mobil Turns to U.S. Shale Basins for Growth
By Bradley Olson Exxon Mobil Corp. on Wednesday outlined an ambitious plan to turn to prolific U.S. shale basins for growth, showcasing how the oil giant now sees American production as a key to its future. The company plans to spend about a fourth of its 2017 budget -- about $5.5 billion -- drilling in Texas, New Mexico... More...>>
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