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Exxon Mobil News

News on Exxon Mobil (Ticker: XOM) continually updated from thousands of sources around the net.

9 hrs ago | The Motley Fool

How LINN Is Protecting Its Huge Payout

Devon will shed its non-core assets so it can focus more on liquids-rich areas as LINN Energy expands its low decline production base to safeguard its distribution in the future.

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Related Topix: Energy, Oil & Gas

Fri Jul 11, 2014

Arkansas Times

Tests on Exxon pipeline flawed, expert says

Inside Climate News, the prize-winning news outlet that we partnered with on reporting on the ExxonMobil pipeline break at Mayflower, has new reporting today based on FOI-produced documents t hat raise questions about the adequacy of testing aimed at assuring the safety of restarting the northern portion of the line.

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Related Topix: Energy, Oil & Gas, Mayflower, AR

Trucker

John Anderson to perform free concert at Iowa 80 tonight

"To best celebrate the 35th anniversary of the Walcott Truckers Jamboree, the team behind Mobil Delvac intends to put on a truly special show," said Marci Crigger, commercial vehicle lubricants marketing advisor at ExxonMobil Fuels and Lubricants, a division of Exxon Mobil Corporation.

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Related Topix: Energy, Oil & Gas

Bloomberg

Sasol Wins 53% Cut in Wax Cartel Fine as Court Chides EU

Sasol Ltd. , the world's largest producer of gasoline from coal, had a 318 million-euro European Union cartel fine cut by more than half after judges said regulators wrongly blamed the company for the behavior of a unit.

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Related Topix: Chemicals, Sasol, Energy, Oil & Gas

TheStreet.com

Is Exxon Mobil (XOM) Stock Being Driven Down By Belgium Refinery Expansion?

The investment is a long-view bet on diesel production in Europe as Exxon Mobil executives see demand for gasoline decreasing while demand for diesel fuel increases.

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Related Topix: Energy, Oil & Gas, ExxonMobil Chemical, Chemicals, World News, Belgium, Financial Markets

Seeking Alpha

The Next Beneficiaries Of The Oil-Spending Boom

Over the past year, I've highlighted the massive amount of money international oil companies are spending to find oil outside the U.S. I said oil-services stocks with international exposure, like Schlumberger , Halliburton , Baker Hughes, and Weatherford , would be big beneficiaries of this trend.

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Related Topix: Financial Markets, Schlumberger, Energy, Oil & Gas, Halliburton, Weatherford International, Superior Energy Services

Fox News

Chevron 2Q Production Expected to Ease

Chevron Corp. expects its second-quarter production to decline slightly from the year-earlier period as lower output abroad offsets a modest increase domestically.

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Related Topix: Energy, Oil & Gas, Chevron Corporation, Business News

Thu Jul 10, 2014

Seeking Alpha

A Major Victory For Linn Energy

For unitholders of Linn Energy , the past few weeks have been pretty good. The company has greatly improved the sustainability of its distribution via two major transactions with Devon and Exxon .

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Related Topix: Energy, Oil & Gas

Hispanic Business

Netherlands,United States : Exxon Mobil announced to inject $1 billion into its Belgium operations

Crude costs as low as 30% of total refining cost, when compared to 60% in . The US increased its fuel exports to 35 million barrels a month, which is up from 3 million 10 years ago.

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Related Topix: Energy, Oil & Gas, ExxonMobil Chemical, Chemicals

Wall Street Journal

Exxon Says It Is Getting Singled Out Over Fracking

Exxon Mobil Corp. is fighting criminal charges over a wastewater spill in Pennsylvania with an unusual defense, contending that the state's attorney general has improperly singled it out in a bid to stop fracking.

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Related Topix: Energy, Oil & Gas

Forbes.com

Exxon Mobil August 29th Options Begin Trading

Corp. saw new options become available today, for the August 29th expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the XOM options chain for the new August 29th contracts and identified one put and one call contract of particular interest.

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Related Topix: Energy, Oil & Gas, ExxonMobil Chemical, Chemicals, Financial Markets

UPI

Turkey reviews options for shale gas

Turkey is interested in exploring its shale natural gas potential through a possible joint venture with U.S. energy company Exxon Mobil, an official said.

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Related Topix: Turkey, World News, Middle East, Energy, Oil & Gas

The Miami Herald

Burst pipeline could restart within a year, but questions remain about repair plan

Exxon Mobil could restart the northern leg of its Pegasus oil pipeline within a year, but the company's pre-startup tests could leave behind threats large enough to endanger the public, according to a review of Exxon's proposal.

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Related Topix: Energy, Oil & Gas, ExxonMobil Chemical, Chemicals, Mayflower, AR

Wed Jul 09, 2014

Free Republic

Surge of industrial projects could lift U.S. gas demand by 19 percent

A wave of gas-to-liquids investments and other U.S. industrial projects will likely boost demand for natural gas by 19 to 31 percent through the end of the decade, a new study shows.

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Related Topix: Energy, Oil & Gas, ExxonMobil Chemical, Chemicals, Freeport, TX

Oil and Gas Investor

Pemex Beating Oil Giants In Bond Market

Petroleos Mexicanos is beating global oil producers from Exxon Mobil Corp. to Chevron Corp. in the bond market as lawmakers move closer to approving rules to lower the company's taxes, Bloomberg reported July 9. Dollar-denominated debt from Pemex, as the state-owned company is known, has returned 8.3% this year, data compiled by Bloomberg show.

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Related Topix: Energy, Oil & Gas, Chevron Corporation

The Motley Fool

Are These 3 Companies About to Be Taken Over?

Big oil is struggling to grow, that is no secret. With interest rates still at record lows, balance sheets still relatively free of debt, and production falling, acquisitions could be on the horizon.

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Related Topix: Energy, Oil & Gas, Chevron Corporation

Forbes.com

Dow Analyst Moves: XOM

The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Exxon Mobil is the #26 analyst pick.

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Related Topix: Financial Markets, Energy, Oil & Gas

Forbes.com

See How Exxon Mobil Ranks Among Analysts' Top Dow 30 Picks

Corp. is the #26 broker pick, on average, out of the 30 stocks making up the Dow Jones Industrial Average, according to ETF Channel .

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Related Topix: Energy, Oil & Gas, ExxonMobil Chemical, Chemicals, Financial Markets

Forbes.com

IYE, SSO: Big ETF Outflows

Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares U.S. Energy ETF , where 6,700,000 units were destroyed, or a 14.6% decrease week over week.

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Related Topix: Energy, Oil & Gas, Chevron Corporation, Financial Markets

Reuters

Under sanction threat, Russia turns to own, Chinese oil technology

With President Vladimir Putin watching from afar, the head of Rosneft, Igor Sechin, launched the world's biggest oil drilling platform in the Okhotsk Sea to warm handshakes with his colleagues from ExxonMobil.

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Related Topix: Vladimir Putin, World News, Russia, Energy, Oil & Gas, Schlumberger

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