Exxon Mobil News

Federal authorities say PacifiCorp and Exxon Mobil Corp. face charges of killing scores of migratory birds in Wyoming.

Exxon Mobil Corp. said it will not appeal a court decision requiring it to pay millions of dollars in interest on $507.5 million in punitive damages stemming from a 1989 oil spill in Prince William Sound.

Iraq's historic auction on June 30 of oil fields to international companies has not gone according to plan.

President Barack Obama is considering new curbs on U.S. oil refineries whose gas emissions pose a cancer risk to hundreds of thousands of people living near the plants, setting up a potential conflict with companies over the cost of new regulations.

A consortium led by the Chinese National Petroleum Corp and British giant BP PLC won the deal to develop the Rumaila oil field in southern Iraq on Tuesday.

More than 30 international firms have started bidding for development rights for Iraqa s massive oil and gas fields.

IndexUniverse had an article up Monday about the rebalancing at Russell Investments that occurs every June and was just implemented for 2009.

Iraq's hopes for an oil-revenue fueled postwar recovery suffered a sharp blow Tuesday as the foreign oil companies it counted on to help develop its vast reserves greeted the country's first oil auction in more than 30 years with grumbles and one deal.

XLE's holdings are heavily tilted toward the major integrated oil companies, with ExxonMobil and Chevron accounting for slightly more the one-third of the ETF's holdings, followed by ConocoPhillips , Schlumberger , Occidental Petroleum , and so on.

Iraq auctioned off eight giant oil and gas fields on Tuesday in its first major tender since the 2003 invasion, but there appeared to be a big gulf between what Iraq was willing to pay and firms willing to accept.

On April 19, 1775, a call went out to militiamen all across Massachusetts to rally in Lexington to halt British soldiers headed to confiscate Patriot weapons stores in Concord.

Stocks rose on Monday as higher oil prices lifted shares of energy companies and fund managers snapped up this quarter's winners to burnish their portfolios.

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Pipeline builders and producers reiterated their position Tuesday before legislators that favorable state fiscal terms will make or break plans to build a large-diameter natural gas pipeline from Alaska's North Slope to an Alberta hub.

ExxonMobil has installed new field processing facilities at its Piceance natural gas project in Rio Blanco County, Colorado, including the production facilities shown here.

International oil companies poised for a return to Iraq find themselves in an unfamiliar spot, preparing to assist rather than lord over drilling operations and taking risks that at first glance don't appear worth the effort.

Americaa s biggest oil companies will probably cope with U.S. carbon legislation by closing fuel plants, cutting capital spending and increasing imports.

U.S. stocks fell as the highest American savings rate in 15 years spurred concern that spending will slow, while falling oil drove down energy producers.

More than three decades after they were booted from the country by Saddam Hussein, international oil companies are poised for a return to Iraq where next week they will bid for a slice of the country's vast crude reserves.

June 24, 2009 10:30 AM - Exxon Mobil Corp., the world's most profitable oil company, has teamed up with a small Mississauga battery-maker to promote the use of cars that do not consume a drop of petroleum.