ADVFN - Advanced Financial Network.
HOME» NYSE » E » XOM Stock Price » XOM Stock News

Exxon Mobil Share News

 Exxon Mobil Corp. Stock Price
XOM Stock Price
 Exxon Mobil Corp. Stock Chart
XOM Stock Chart
 Exxon Mobil Corp. Stock News
XOM Stock News
 Exxon Mobil Corp. Company Information
XOM Company Information
 Exxon Mobil Corp. Stock Trades
XOM Stock Trades

Nigerian Oil Spill Agency Directs Exxon to Clean Up Akwa Ibom Spill

By Sarah Kent and Drew Hinshaw LONDON--Nigeria's National Oil Spill Detection and Response Agency, or NOSDRA, has directed Exxon Mobil Corp. (XOM) to clean up oil sighted on Nigeria's shoreline near the company's Qua Iboe oil terminal while investigation into the source of the spill is completed, a spokesman for the agency said Thursday. A team made up of members of NOSDRA, the State Environment Ministry, Exxon and other stakeholders have conducted a joint investigation into the extent of the impact on Nigeria's shoreline and both Exxon and NOSDRA have taken samples of the oil for analysis, the spokesman added. The spill was first sighted on the shoreline east of the U.S. oil giant's Qua Iboe terminal Sunday, though the source of the oil has yet to be identified. Exxon's Nigerian subsidiary, Mobil Producing Nigeria Unlimited said it dispatched an emergency response team to the shoreline as soon as it heard of the issue to collect samples of the substance and determine where it came from. The latest spill comes as Nigerian lawmakers consider multi-billion-dollar oil spill fines for the Exxon's competitors. Royal Dutch Shell PLC's (RDSA) Nigerian unit faces a fine of up to $5 billion after an offshore rig in December leaked 40,000 barrels of crude. In March, regulators recommended a $3 billion fine for Chevron Corp. (CVX) after one of the company's offshore natural gas platforms caught fire, in what environmentalists described as the worst gas spill in African history in terms of volumes released. Lawmakers will decide on the ultimate amount of fine as early as September. Meanwhile, those fines come as the country's petroleum ministry--source of four-fifths of Nigeria's state income--courts major oil companies to explore offshore. "We're dependent on oil revenue, so government has to find a balance between the search for profits and public health," said President Goodluck Jonathan's international media specialist Ken Saro Wiwa Jr. Write to Sarah Kent at sarah.kent@dowjones.com and Drew Hinshaw at Drew.Hinshaw@wsj.com Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Exxon Mobil (XOM)
DateTimeHeadline
08/24/201605:59:00Largest Oil Companies' Debts Hit Record High
08/22/201620:56:00Oil Search Profit Hit by Weak Prices, Dents Dividend
08/19/201616:45:00ExxonMobil Contributes $500,000 to Flood Relief in Louisiana
08/18/201614:00:00ExxonMobil and Georgia Tech Innovation Could Lead to Significant...
08/15/201621:40:00Some International Companies Cautiously Return to Iraq
08/12/201613:51:00MARKET SNAPSHOT: Stocks Slip Off Records As A Drop In Miners...
08/12/201613:18:00MARKET SNAPSHOT: Stocks Slip Off Records As A Drop In Miners...
08/12/201612:03:00MARKET SNAPSHOT: Stocks Pare Losses As Energy Stocks Rally
08/08/201614:05:00MARKET SNAPSHOT: Stocks Back Off All-time Highs As Health-care...
08/08/201611:59:00MARKET SNAPSHOT: Stocks Retreat From Records As Health-care Stocks...
08/08/201603:27:00Providence Resources Boosts Irish License Stake With Exxon Mobil...
08/04/201617:05:00Initial Statement of Beneficial Ownership (3)
08/03/201612:13:37Quarterly Report (10-q)
08/03/201609:00:00American Oil Producers Reduce Production Costs, Gain Edge Facing...
08/02/201613:10:00Exxon Official Calls Fossil Fuel Ban Unrealistic
08/02/201613:01:00Exxon Official Says a Ban on Fossil Fuel is Unrealistic
08/02/201609:05:00ExxonMobil Supports Development of Emerging Technologies at University...
08/01/201616:21:04Statement of Changes in Beneficial Ownership (4)
07/30/201603:02:00Oil Price Retreat Slams Producers -- WSJ
07/29/201615:21:00Low Crude Prices Hammer Big Oil Companies -- Update

Exxon Mobil and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad