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Exxon CEO's Compensation Rises to $40.2 Million

Exxon Mobil said CEO Rex Tillerson's total compensation rose 15% last year to $40.2 million.

 

Exxon overtakes Apple in market value again

ExxonMobil

Exxon Mobil briefly overtook Apple as the largest U.S. publicly traded company by market value on Friday as shares of the technology giant continued to fall.

 

Exxon: US energy revival has staying power

Exxon says the energy renaissance in the U.S. will continue and predicts that North America will become a net exporter of oil and gas by the middle of the next decade. The oil and gas giant’s latest long-term energy outlook, released Tuesday, Dec. 11, 2012, says the rapid growth of production in the U.S., Canada along with improved energy efficiency will lead to more oil and gas being sent overseas.

 

Exxon Mobil profit misses Street view

Exxon Mobil Corp, the world's largest publicly traded oil company, posted lower-than-expected quarterly earnings on Thursday as its oil and gas output sagged and its chemicals business struggled.

 

Exxon first-quarter profit drops to $9.45B as production falls

Exxon Mobil

Exxon Mobil Corp. earned less money in the first quarter as costs rose and the Irving oil giant produced less oil and natural gas. Net income dropped to $9.45 billion, or $2 a share, from $10.65 billion, or $2.14 a share, a year ago. Still, revenue rose to $124.05 billion from $114 billion last year.

 

Chinese firm surpasses Exxon in oil production

PetroChina

A big shift is happening in Big Oil: An American giant now ranks behind a Chinese upstart. Exxon Mobil is no longer the world's biggest publicly traded producer of oil. For the first time, that distinction belongs to a 13-year-old Chinese company called PetroChina. The Beijing company was created by the Chinese government to secure more oil for that nation's booming economy.

 

Exxon Wins Prized Access to Arctic With Russia Deal

Exxon Mobil won a highly coveted prize in the global petroleum industry on Tuesday by striking an agreement to explore for oil in a Russian sector of the Arctic Ocean that is opening for drilling even as Alaskan waters ...

 

Apple Tops Exxon as Most Valuable Company- Dow Closes Down 520 Points, Wipes Out Gains

Apple Tops Exxon as Most Valuable Company- Dow Closes Down 520 Points, Wipes Out Gains

Investors seem to think you want an iPad more than oil, as Apple Inc. became the most valuable company in the United States, surpassing Exxon Mobil Corp. on Wednesday.

 

Rising Yellowstone to impede oil spill cleanup

Cleanup along the oil-fouled Yellowstone River could be tested as rising waters make it harder for Exxon to get to areas damaged by the crude spilled from a company pipeline.

 

Exxon Ordered to Pay $1.5 Billion

A Baltimore County jury has ordered Exxon Mobil to pay more than $1.5 billion in damages involving an underground gasoline leak at a rural Maryland gasoline station.

Senh: Whoah, one gasoline leak can cost that much damage? These oil companies make so much money anyway, so I'm sure they can afford it.

 

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