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    News and Articles on Exxonmobil



    Tribal trouble near Exxon's PNG project  Feb 9, 2010
    Heavily armed Papua New Guinea police have clashed with hundreds of villagers 100 metres from a proposed ExxonMobil-led liquefied natural gas (LNG) project site ... On Saturday, police were called to the Nogoli area, 100 metres from ExxonMobil's proposed Kobalu forward base camp, as villagers had been holding up vehicles on the road from SHP centre Tari to Hides ... Last week, ExxonMobil stopped construction of a road for the LNG project near Port Moresby after five clansmen were shot dead in... (Sydney Morning Herald -- World)

    Lobbying industry booms in recession  Feb 6, 2010
    More than half of the 20 groups and companies that spent the most on lobbying last year increased their lobbying expenses over 2008. Totals include lobbying subsidiaries. (USA Today -- News)

    The Greatest Company in the History of the World  Feb 6, 2010
    The greatestMeetExxonMobil, the world's greatest company ... Standard Oil of New Jersey (ExxonMobil). (MSNBC -- Business)

    Feds take deliberate approach of oil shale leasing  Feb 6, 2010
    The applicants for the new leases are ExxonMobil Corp. and Colorado-based Natural Soda Inc. applied for one lease each in northwest Colorado, and AuraSource Inc. of Scottsdale, Ariz. applied for a lease in northeast Utah. (Fresno Bee -- Business)

    Its time for Petronas to get a chairman  Feb 3, 2010
    With a vast amount of business background, this person should also be able to hold his own in conversations with the chairmen of BP (British Petroleum) and ExxonMobil. He should currently be in a good position and have a good job, and not somebody who is already retired. (The Star Online, Malaysia -- Business)

    TransCanada begins 'open season' process  Feb 3, 2010
    Web search powered by YAHOO. TransCanada Co. began appearances before legislative committees Monday, after having filed with the Federal Energy Regulatory Commission on Friday to begin the "open season" process for building a natural gas pipeline. (Juneau Empire)

    Scientists not always truthful  Feb 3, 2010
    Stephen wrote on Feb 2, 2010 10:53 AM:" Ruggles1 ~~~ This is science in action. Data and models are milled over by others and flaws are pointed out. If the Chinese weather station locations were in error, the corrected data will be used to test the present theory that temperature rises associated with urban locations doesn't influence the planet's estimated temperature increase. Nonetheless, this is not an uncommon event in science. Keep in mind that non-scientists used their positions of... (Logan Herald Journal, UT)

    IT Managers Gird for Cyber Attacks  Feb 3, 2010
    Earlier this week, of orchestrated cyber attacks against ExxonMobil (NYSE: XOM), ConocoPhillips (NYSE: COP) and Marathon Oil (NYSE: MRO) originating from China brought this issue of national and economic security to the fore in a very real and distressing way. The oil companies were targeted by unsolicited e-mails looking to extract proprietary information including "bid data" -- the files containing details on the quantity, value and location of oil discoveries around the word. (Datamation)

    ACT Clean Technologies CEO Russ Kidder to Appear Live on CBS Radio Network's Big Biz Show February 2, 2010 at 1:40 pm PST  Feb 2, 2010
    The APS technology for the oil reclamation and clean-up process has also been used to complete projects for some of the largest oil and gas companies in the United States, including ConocoPhillips, ExxonMobil, Avon Petroleum, Valero Petroleum, as well as the US Navy Petroleum Reserve. The principals and founders of APS have more than 15 years' experience in providing a wide range of green services, including environmental remediation, soil remediation and other services of the oil and gas... (Yahoo! Wire -- Entertainment News)

    ExxonMobil profit at $6bln in fourth quarter  Feb 2, 2010
    ExxonMobil profit at 6bln in fourth quarter - Yahoo ... ExxonMobil profit at 6bln in fourth quarter ... ExxonMobil said its fourth quarter profit fell 23 percent from a year ago to 6. (Yahoo! Asia News)

    Stocks climb as manufacturing, spending increase  Feb 2, 2010
    Investors also looked to earnings at ExxonMobil, which topped expectations and helped pull energy stocks higher. The company's shares rose $1. (USA Today -- Money)

    ExxonMobil posts lowest annual profit since '02  Feb 2, 2010
    When oil spiked above $147 a barrel in mid-2008, ExxonMobil became the king of corporate profits, setting ever-higher marks for earnings by a U.S. company. Then oil prices plummeted late last year, and Exxon suffered a year-long hangover that included the smallest quarterly earnings in several years. (USA Today -- Money)

    Black Gold: Alaska oil profits high, despite Palin-era taxes  Feb 2, 2010
    The state's other two major oil producers, BP and ExxonMobil Corp. haven't filed details about their Alaska operations. For 2009, ConocoPhillips reported profits of $1. (Juneau Empire)

    Stock Futures Signal Gains on Wall Street  Feb 1, 2010
    On the macro front, investors awaited U.S. data for personal income and construction spending as well as the Institute for Supply Management's January manufacturing index, while on the earning front, ExxonMobil Corp features among the companies due to report quarterly results. Investors also awaited the White House's budget for fiscal 2011, which begins on October 1. (ABC News -- Business)

    U.S. Oil Companies Targets of 'Tenacious' Cyber Attacks  Jan 31, 2010
    ExxonMobil (NYSE: XOM), ConocoPhillips (NYSE: COP) and Marathon Oil (NYSE: MRO) executives who were unwittingly duped by unsolicited e-mails caring the data-extracting malware were finally notified of the scam in early 2009, according to unnamed law enforcement and IT security experts quoted in the article ... Executives at ExxonMobil and ConocoPhillips were targeted with almost identical versions of the e-mail scam, sources told the CSM.. (eSecurityPlanet)

    Cyberattacks Hit Oil Biz: Was China Involved?Industrial espionage becoming sophisticated, but who is behind it?  Jan 31, 2010
    The companies Marathon Oil, ExxonMobil, and ConocoPhillips didn't realize the full extent of the attacks, which occurred in 2008, until the FBI alerted them that year and in early 2009 ... Marathon Oil, ExxonMobil and ConocoPhillips: No Comment on Attacks ... Neither Marathon Oil, ExxonMobil, nor ConocoPhillips would comment on the attacks or confirm that they had happened. (ABC News -- Business)

    Dealing with life in the carbon trading twilight zone  Jan 30, 2010
    It's the sort of thing that leads many - from ExxonMobil to the Australia Institute - to prefer a straight-up carbon tax. If the Government is going to wear the scare campaign, it may as well adopt the policy. (Sydney Morning Herald -- Business)

    Ex-Astronaut Visits Schools On 'Dream Tour'  Jan 30, 2010
    The tour, sponsored by the ExxonMobil Foundation and The Harris Foundation, is intended to reinforce for students the importance of acquiring strong math and science skills. "It is critical that American students are prepared with the problem- solving skills and tools to tackle challenges they may face in the future," Harris said. (TheSanDiegoChannel.com, CA)

    Stock buybacks lose some luster  Jan 29, 2010
    Real solutions for your real estate needs. Choose from the selections below. (USA Today -- Money)

    What to Do When the Dow Hits 7,500 Again  Jan 28, 2010
    Another crazy call by CramerBack then, Cramer argued that the Dow would soar all the way to 7,500 -- despite the fact that it had already more than doubled in just five years and shares of behemoths like Coca-Cola (NYSE: KO), Johnson & Johnson (NYSE: JNJ), and ExxonMobil (NYSE: XOM) had risen more than 100% from their 1991 lows. advertisement. (MSNBC -- Business)

    Climate-change battles head to courtrooms  Jan 28, 2010
    The village wants the companies, including ExxonMobil, Shell Oil and many others, to pay the costs of relocating to the mainland, which could amount to as much as $400 million ... The village wants the companies, including ExxonMobil, Shell Oil and many others, to pay the costs of relocating to the mainland, which could amount to as much as $400 million. (Honolulu Star-Bulletin)

    An Agenda Disrupted: Obama After Year One  Jan 27, 2010
    The former chair and CEO of Medtronic, he currently serves on the boards of ExxonMobil and Goldman Sachs. Read more at , or follow him on Twitter @Bill_George. (BusinessWeek)

    State predicts long life for oil pipeline  Jan 27, 2010
    The oil companies that own TAPS - BP, ConocoPhillips Co. and ExxonMobil Corp. - have stated in court and financial filings that they expect the pipeline to be operational for 30 years or more. Contact reporter Pat Forgeyat 586-4816 or. (Juneau Empire)

    Oil Companies Targeted in Cyberattacks  Jan 27, 2010
    "The attacks occurred in 2008, and were directed at Marathon Oil, ExxonMobil, and ConocoPhillips," writes. "The attacks, which have been a closely guarded secret of oil companies and federal authorities, were aimed at extracting 'bid data,' or information detailing the quantity, value and location of oil resources," Vijayan writes. (eSecurityPlanet)

    New gas discovery could underpin Gorgon: Chevron  Jan 27, 2010
    At Yellowglen-1 well Chevron Australia owns a 50 per cent stake, with ExxonMobil Australia and Shell each owning another 25 per cent.. RBS Group Australia analyst Jason Mabe said the new find was encouraging but it was too early to know its significance. (Sydney Morning Herald -- Business)

    Engineers Find Significant Environmental Impacts With Algae-Based Biofuel  Jan 26, 2010
    These findings come after ExxonMobil invested 600 million last summer and the U.S. Department of Energy announced that it is awarding 78 million in stimulus money for research and development of the biofuel. The U.Va. (Science Daily)

    Hackers in China spied on US oil cos  Jan 26, 2010
    Sensitive bid data on oil discoveries by Marathon Oil, ExxonMobil, and ConocoPhillips were the target of the attack, the newspaper said citing documents and sources familiar with the investigation. The attacks occurred in 2008, but their extent only became clear later after the FBI alerted the firms. (India Times)

    MISC lost 10 sen on news of tanker incident in Texas  Jan 26, 2010
    An AP report yesterday said about 462,000 gallons or 11,000 barrels of oil spilled into the water on Saturday when the 800-ft Malaysian-flagged tanker headed for an ExxonMobil Corp refinery in Beaumont collided with a towing vessel pushing two barges near Port Arthur. The report quoted state Land Commissioner Jerry Patterson as saying AET would pay for most of the cleanup. (The Star Online, Malaysia -- Business)

    Gingrich talks 'Contract with America' II  Jan 26, 2010
    An American Energy Plan (see ExxonMobil, Shell, BP)4. Congressional appropriations reform (so we can hide that we're creating BIGGER deficits and have it look like we're balancing the budget)5. (TheHill.com)

    Ghana's Oil Bonanza Battle  Jan 25, 2010
    To put this roiling situation in perspective, note that the initial valuation of the richest site found so far was reportedly $4 billion, the amount ExxonMobil was asked to pay for a stake in the Jubilee field held by a joint Texas/Ghanaian private corporate partnership ... Supporters of Edusei and Owusu allege that the Ghana National Petroleum Corporation, the state oil company, has as its real aim the canceling of the ExxonMobil deal so that GNPC can obtain the Kosmos stake and sell it to the... (Ghana Web, Ghana)

    Iraqi MP mounts legal challenge to BP oil deal  Jan 25, 2010
    If successful, Mrs Musawi's case could set a legal precedent that would invalidate all the agreements that Iraq concluded last year - with BP, CNPC, ExxonMobil, Petronas, Royal Dutch Shell, Eni, Gazprom and Lukoil. The court is due to hear the case next week, with Mrs Musawi arguing that the BP contract violates the Iraqi constitution on four counts - including that deals with foreign oil companies need to be properly approved by the country's parliament. (Sydney Morning Herald -- Business)

    11 gunned down in PNG ExxonMobil LNG dispute: report  Jan 25, 2010
    The Hides gas field and plant, belonging to US energy giant ExxonMobil Corp and partners north-west of Port Moresby in Papua New Guinea ... Eleven Papua New Guineans have been fatally shot amid a dispute over profits from a pipeline carrying liquid natural gas (LNG) from an ExxonMobil site in PNG's Southern Highlands to Port Moresby, local media reports ... Comment was being sought from ExxonMobil. (Sydney Morning Herald -- World)

    It's the Market's 10 Best Stocks  Jan 24, 2010
    What does the maker of the Keurig coffee machine (Green Mountain) have to do with an energy play recently acquired by ExxonMobil. The answer is not obvious until you see this. (MSNBC -- Business)

    US sees millions spent for lobbying  Jan 24, 2010
    WASHINGTON: US President Barack Obama might be fighting against the growing clout of lobbyists but various entities, including ExxonMobil and Chevron, spent millions of dollars for lobbying activities in 2009 ... Energy firms like ExxonMobil, Chevron and ConocoPhilips last year saw substantial lobbying expenses amid the US push for legislation to address climate change, curb carbon emissions and create green jobs ... The report noted that ExxonMobil gave away USD 6. (India Times)

    ExxonMobil wants more predictability in Alaska policies  Jan 24, 2010
    The president of ExxonMobil Production Co. said Friday that Alaska is in an "enviable position" to provide natural gas to the state, the Lower 48 and Canada ... The president of ExxonMobil Production Co. said Friday that Alaska is in an "enviable position" to provide natural gas to the state, the Lower 48 and Canada ... ExxonMobil has been among the companies pressing for long-term assurances on tax rates, something the state and Gov. Sean Parnell have been loathe to give. (Juneau Empire)

    Tsatsu Tsikata A Clear and Present Danger to Ghana  Jan 23, 2010
    Any wonder that Tsikata is dead set against the sale to ExxonMobil. As if that was not enough, Statcom, owned by Tsikatas wife is the exclusive public relations company for the GNPC at $20,000 a month. (Ghana Web, Ghana)

    Letter: Climate change is real and demands action  Jan 23, 2010
    Fred Brewer wrote on Jan 22, 2010 8:53 AM:" Thanks for a clear, common sense letter Mr Williams.@FrankD - The debate among scientists, both 'expert' and from other earth science fields, is intense and ongoing. The debate now has progressed more to interpretation of the enormous amounts of data, and the projections of how soon and how much the consequences will be as the climate responds. The people who continue to rant that it's all a hoax perpetrated by a vast conspiracy of cunning scientists... (Montana Standard, MT)

    A campaign funding mess  Jan 23, 2010
    The danger is real: if ExxonMobil had spent just 2 percent of its 2008 profits in the last presidential election, it would have outspent McCain and Obama combined. The fundamental problem with Justice Anthony Kennedy s majority opinion is not his view of the First Amendment. (Boston Globe -- Editorial)

    Davydenko needs lesson in interview answers  Jan 22, 2010
    Ryan Pierse / Getty ImagesHeading into the 2010 Australian Open, Nikolay Davydenko beat both Roger Federer and Rafael Nadal to claim the title at the Qatar ExxonMobil Open. . (MSNBC -- Sports)

    Uganda: Country's Oil and Gas to Attract U.S.$10 Billion  Jan 21, 2010
    When running at full capacity, the site could add as much as $2bn a year to Tullow's top line for as long as three decades, although it will have to share this with a partner, probably ExxonMobil ... Sources indicate that some of the big companies eying for the hydrocarbon include France's Total, American giant ExxonMobil and the state-owned China National Oil Company. (allAfrica.com)

    WorleyParsons Significantly Increases Usage of AVEVA Plant Solutions  Jan 21, 2010
    AVEVA Group's global account clients include leading plant owner operators and engineering contractors such as Alstom, AMEC, AREVA, BP, Chevron, ExxonMobil, Foster Wheeler Power Group, Shell, Uhde, and WorleyParsons. About AVEVA Group plc. (Canada Newswire)

    Another Major Discovery In Ghana  Jan 21, 2010
    This latest success may have some bearing on ExxonMobil Corp.'s (XOM) desire to enter Ghana's oil sector. Kosmos agreed last year to sell ExxonMobil its 30. (Ghana Web, Ghana)

    Santos revenue hit by lower oil prices  Jan 21, 2010
    He said the Papua New Guinea liquefied natural gas project (PNG LNG), a joint venture led by ExxonMobil, would transform Santos earnings quality when it comes on line in 2014. The approval of PNG LNG in the (December) quarter was a significant step forward in the companys growth strategy, Mr Knox said. (Sydney Morning Herald -- Business)

    AirAsia X premium fares to go up after refurbishing  Jan 20, 2010
    The seats will also be upgraded to provide more comfort with spacious leg room, he told reporters after the launch of a three-month partnership between AirAsia Bhd, Esso Malaysia Bhd and ExxonMobil Malaysia Sdn Bhd to be part of Esso and Mobils latest Discover@Asia promotion. Azran said the airline was adding by year-end four new aircraft that would be fully fitted with the new seats. (The Star Online, Malaysia -- Business)

    Bechtel back to Iraq?  Jan 20, 2010
    Such oil companies, like ExxonMobil, recently won contracts to explore the country's long-neglected oil fields, which are second only to Saudi Arabia's in known reserves. For all the attraction, Bechtel might have mixed feelings about it. (San Francisco Chronicle -- Business)

    Exxon Valdez spill still a danger  Jan 19, 2010
    But the study has been questioned by ExxonMobil. Vice President Frank Sprow said in a statement: "Hundreds of peer-reviewed studies conducted by researchers from major independent scientific laboratories and academic institutions resoundingly demonstrate the recovery of the Prince William Sound ecosystem and strongly contradict the news release's claim that wildlife and aquatic plants continue to suffer as a result of the 1989 Valdez oil spill.". (BBC News -- Science)

    Denali gas line group sets open season  Jan 19, 2010
    Potential shippers include BP and ConocoPhillips, Denali's owners, which own substantial gas reserves on the North Slope, along with ExxonMobil and Chevron Corp., which are not part of Denali. ExxonMobil is working with TransCanada in its preparations for an open season but has not yet fully signed on with TransCanada, citing the need to secure fiscal terms with the state. (Juneau Empire)

    The Best Stock to Own  Jan 17, 2010
    Like competitors BP (NYSE: BP) or ExxonMobil (NYSE: XOM), StatoilHydro should benefit from the long-term increase in fossil-fuel demand. Plus, you'll be collecting a healthy 2. (MSNBC -- Business)

    Be a Penny Stock Millionaire!  Jan 16, 2010
    Selling Hewlett-Packard (NYSE: HPQ) or ExxonMobil (NYSE: XOM) in the early days after doubling your money would have wound up costing you dearly. Even considering recent market woes, both have greatly rewarded shareholders as the years rolled by. (MSNBC -- Business)

    Univation Tech names Shulman new president  Jan 15, 2010
    Prior to being appointed to her new position, Shulman was global polyethylene marketing manager for Houston-based ExxonMobil Chemical s polyethylene business. Most Read Stories. (Houston Business Journal, TX)

    ExxonMobil Retiree Club of the Permian Basin  Jan 14, 2010
    Members volunteer time at local charitable organizations and are recognized by ExxonMobil through the Club s Deeds Program ... The ExxonMobil Retiree Club Permian Basin Board of Directors are, from left to right: Percy Tate, Les Cooper, Dorothy Mashburn, James Merriman, Leon Thompson and Harry Hugly. (Odessa American, TX)

    Wishing Well for Houston--this Friday at 6PM!  Jan 14, 2010
    Art League Houston acknowledges the following private foundations, public funders, and corporations for their support this season: Art Colony Association, Inc. The Brown Foundation, Inc., ExxonMobil Foundation, Felvis Foundation, Ray C. Fish Foundation, Houston Endowment, Inc., John P. McGovern Foundation, Mrs. Katherine McGovern, JPMorgan Chase Foundation, Oshman Foundation, Alice Kleberg Reynolds Foundation, Saint Arnold Brewing Company, Target, The Wachovia Wells Fargo Foundation, and the... (AbsoluteArts.com)

    Car Bomb Kills 33 in Iraq as US Pulls Back  Jan 14, 2010
    By the way, the Iraqi oilfields are being operated by ExxonMobil, Chevron, and BP which are the main sources of wealth for the American ruling elite. And that. (CBS News -- Iraq)

    ExxonMobil to tap maturing oil field  Jan 14, 2010
    ExxonMobil using new technologies to tap maturing field in northeast Texas - Dallas Business Journal ... ExxonMobil using new technologies to tap maturing field in northeast Texas ... The company, a subsidiary of ExxonMobil, said it will install new equipment to recover and reinject nitrogen and other gases from the field s natural gas production. (Dallas Business Journal, TX)

    Judge rules against state in Point Thomson dispute  Jan 14, 2010
    ANCHORAGE - A judge has ruled that the state improperly terminated ExxonMobil's leases to develop the Point Thomson gas fields on the North Slope ... ANCHORAGE - A judge has ruled that the state improperly terminated ExxonMobil's leases to develop the Point Thomson gas fields on the North Slope ... ExxonMobil challenged the state's termination of those leases. (Juneau Empire)

    Big Oil vs. the Fed  Jan 13, 2010
    Shouldn't our politicians be outraged to learn that the Fed made more in windfall profits than ExxonMobil. Well, if they were upset, it's hard to tell because there are no dog and pony show hearings scheduled. (Fox News)

    PNG ready for Clinton juggernaut  Jan 13, 2010
    PNG think tank, Institute of National Affairs director Paul Barker said PNG's expanding relationship with China was another likely topic of discussion along with the $16 billion ExxonMobil-led LNG project. "China's resource purchases in PNG and increasing business deals, the ExxonMobil LNG project just signed a deal with China to supply twenty years of gas," he said. (Sydney Morning Herald -- World)

    Technology, lower demand will yield endless oil  Jan 13, 2010
    When oil prices cratered in the 1990s, Royal Dutch Shell and ExxonMobil shut the Schoonebeek field down. Company executives reckoned that its thick, hard-to-extract crude wasn't worth the trouble, even though only about 25% of Schoonebeek's oil had been produced. (India Times)

    Report: Fed to post about $45B in 2009 profits  Jan 12, 2010
    2) about ExxonMobil's record profits, equating its profits per hour against the average hourly wage of American workers ... Just maybe, ExxonMobil treats its customers well, invests wisely and is a well-run business ... ExxonMobil achieved a modest 10% profit on total revenue, admittedly on more revenue due to the higher global demand for oil. (Fresno Bee -- Business)

    Ghana Oil Witchunting Threatens Production Delays  Jan 10, 2010
    Privately, ExxonMobil is pondering taking its case to international arbitration, a move that is certain to delay oil production for at least another year if not more. This is where I got interested in this. (Ghana Web, Ghana)

    Papua New Guinea  Jan 10, 2010
    Angry PNG landowners knocked down power pylons, halting production at Barrick's Porgera gold mine on the eve of a multi-billion dollar deal with ExxonMobil. 00004000. (Sydney Morning Herald -- World)

    Personal Finance  Jan 10, 2010
    01/10/2010 - Updated 12:32 PM ET. Illustration by Sam Ward, USA TODAY. (USA Today -- Money)

    Cap and trade won't work  Jan 10, 2010
    poyntzc wrote on Dec 21, 2009 10:24 PM:" OB1, come on. Do you really think the Oil Companies are so bad? You haven't forgotten I work for a large Oil Company have you? The Oil Companies have to go where they can get the crude we need to live the great lives we live in this country. Stop and think, and don't go whacky like someone else here, if the government tomorrow just put the Oil Companies out of business, just shut them down. What would life be like, and what about the folks who have large... (Boerne Star, TX)

    Oil and gas deals jump in 4Q  Jan 10, 2010
    According to Brian Lidsky, managing director of research at PLS, the ExxonMobil acquisition gave the market and producers a large dose of confidence. After the ExxonMobil deal, and entered into a $2. (Houston Business Journal, TX)

    Matching Gifts  Jan 10, 2010
    Matching Gift Companies - CLEMSON UNIVERSITY OFFICIAL ATHLETIC SITE. Matching Gift Companies Thank you for making the extra effort - and for your doubled support. (Clemsontigers.com)


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