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Exxon Mobil Corp



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3Vote!

Warren Buffett buys stake in Exxon Mobil, Nestle

Warren Buffett's Berkshire Hathaway Inc took stakes in Exxon Mobil Corp and Nestle SA, betting on the world's biggest oil and food companies. Berkshire held about 1.28 million Exxon shares and 3.4 million American depositary receipts of Nestle at the end of the third quarter, the Omaha, Nebraska-based company said in a regulatory filing. The stake in Irving, Texas-based Exxon would be worth about $95...

3Vote!

Berkshire buys Nestle, Exxon; ups Wal-Mart stake

NEW YORK (Reuters) - Billionaire Warren Buffett's Berkshire Hathaway Inc revealed on Monday new investments in Nestle AG and Exxon Mobil Corp , respectively the world's largest food maker and oil company, and that it has nearly doubled its investment in Wal-Mart Stores Inc , the world's largest retailer.

3Vote!

Chevron, Marathon Oil Corp, and Exxon Mobil Corp Gulf Coast Oil and Gas Production Reported Unharmed in Ida

HOUSTON, Nov. 10 /PRNewswire/ — Winning Strategies (www.winningstrategies.net) Editor Tim Connolly reported today that Tropical Storm Ida continues its weakness on landfall in the Gulf of Mexico and the National Hurricane Center now reports that all storm warnings have been discontinued as of 9:00 a.m. ET. Major producers Chevron, Marathon Oil Corp, and Exxon Mobil Corp [...]

3Vote!

Ida shuts down the Gulf rigs

Reuters: U.S. oil companies were shutting production on Sunday as they evacuated workers from the Gulf of Mexico ahead of Hurricane Ida, which is forecast to roar across the offshore oil patch Monday before making landfall on Tuesday. BP Plc, ( BP.L ) one the Gulf's largest oil producers, said on Sunday some of its production was shut and nonessential workers were evacuated from Ida's forecast path....

3Vote!

Cap and Trade Will Raise Gas Prices 13 Cents a Gallon

Oil companies aren’t exactly the most thrilled when it comes to the proposed cap-and-trade system of selling carbon credits the federal government has proposed, claiming that it will just cost way, way too much money to buy the credits, demand for gas would go down, and business would be ruined. But wait, you might say. Why would demand for gas go down? Well, because the oil companies would...

3Vote!

Chevron Q3 profit hit by oil, refinery weakness

Although the profit was better than expected, shares of the second-largest U.S. oil company behind Exxon Mobil Corp slid 2.4%, in line with a sharp drop in U.S. crude prices.

5Vote!

Oil companies give cool outlook

LONDON (Reuters) - Exxon Mobil Corp, Royal Dutch Shell Plc and Eni SpA dashed hopes for an imminent turnaround for the oil industry, saying sluggish economic recovery was weighing on energy demand and prices.

3Vote!

Exxon quarterly profit plunges, misses Street

HOUSTON (Reuters) - Exxon Mobil Corp on Thursday said its quarterly profit plunged, falling short of Wall Street estimates, as the global recession bit into fuel demand and crude oil prices fell from year-ago levels.

3Vote!

Exxon ordered to pay $105 million in NYC case

NEW YORK (Reuters) - A federal jury in New York City ruled Exxon Mobil Corp had polluted the city's ground water and ordered the oil giant to pay $105 million in damages, the city said in a statement on Monday.

5Vote!

Sable gas production back after storm, maintenance

CALGARY, Alberta, Aug 31 (Reuters) - Natural gas production at Exxon Mobil Corp's Sable Offshore Energy Project off the coast of Nova Scotia, has resumed, one of the partners in the project said on Monday.

5Vote!

Exxon sees no hurricane damage to Sable project

CALGARY, Alberta, Aug 25 (Reuters) - Exxon Mobil Corp said on Tuesday that inspections of the Sable Offshore Energy Project off the coast of Nova Scotia have not turned up any damage from hurricane Bill, which passed over the region on Saturday.

5Vote!

U.S. Payment Industry Grapples with Security - Reuters

In an article published by Reuters India, Ross Kerber is getting all fired up over the blame game. ("They both need to fight fraud and they are fighting each other") My two cents? It's the typing. You type, hackers swipe... Would you write the combination of your padlock on a post it note and attach it to the lock itself? Then why are we typing? U.S. payment-card industry grapples with security...

3Vote!

ProStockMonitor.com: ProStockMonitor.com Reports Strong Market Movers: Fannie Mae, Citigroup Inc, Exxon Mobil Corp, Ford Motor Company

LAS VEGAS, NEVADA (MARKET WIRE) ProStockMonitor.com is a focused research firm with special interest in little known micro-cap stocks that look poised for gigantic moves. ProStockMonitor's Investment Stock Report alerts all investors, large or small to micro-cap and small-cap companies poised for movement in the market. Our FREE Investment report identifies stocks with the greatest potential for advancement....

3Vote!

Is ExxonMobil a Green Company?

Forbes Magazine recently picked Exxon Mobil Corp as its “Green Company of the Year.” Forbes praised Exxon for putting “$600 million into algae farms that would turn sunlight into automotive fuel,” and for the company’s increased drilling for natural gas. Exxon has almost completed a $30 billion project to “develop the world’s biggest natural gas [...]

3Vote!

Exxon Mobil to pay $600,000 for killing 85 birds

Washington » Exxon Mobil Corp. pleaded guilty to killing migratory birds in five states, and will pay about $7,000 for each bird killed, Justice Department officials said Thursday.