Exxon

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ExxonMobil Q2 Profits Nearly Double On Higher Oil Prices To $3.4 Bn

ExxonMobil saw its second-quarter profits nearly double from the year-ago period due to higher oil prices and better...

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US Fines Exxon $2 Mn Over Ukraine-Related Sanctions Breaches

The United States on Thursday hit oil giant ExxonMobil with a $2 million fine for violating Ukraine-related sanctions,...

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Nigeria and the Hunt For Oil In Boko Haram’s Heartland

Nigeria is reviving its search for oil in the country's conflict-riven northeast, aided by China and emboldened by...

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US Court Blocks Exxon From Forcing Payment From Venezuela

A US appeals court rejected an effort by ExxonMobil Tuesday to enforce a $188 million judgment against Venezuela for...

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US Dollar Rebounds While Global Stocks Post Gains

Rising oil prices and investor appetite for financial stocks helped boost most major US and European equities on Monday...

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Qatar Ideal First Diplomatic Crisis For Oilman Tillerson

The Qatar crisis presents Rex Tillerson with his first challenge as Washington's top diplomat and an opportunity for...

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Oil Giants Endorse Carbon Tax After Trump’s Paris Exit

Major oil producers, including for the first time ExxonMobil, expressed support on Tuesday for a new US carbon tax,...

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Elon Musk Says Quitting White House Advisory Panels

Tesla founder Elon Musk on Thursday confirmed he would quit White House business panels in reaction to President Donald...

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Putin Hosts Modi At Russia’s Economic Showcase

Russian President Vladimir Putin hosts Indian premier Narendra Modi on Thursday on the sidelines of the Kremlin's...

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With Or Without Trump, US Businesses Moving On Climate

President Donald Trump may be dragging out his decision on whether to ditch the Paris climate agreement, but major...

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Shareholders Vote For ExxonMobil Transparency On Climate Impact

ExxonMobil's shareholders voted decisively Wednesday to push the oil giant to test how the fight against global warming...

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ExxonMobil Faces Climate Showdown At Annual Meeting

ExxonMobil's controversial stance on climate change will be back in the spotlight Wednesday when shareholders vote on...

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Mozambique’s Gas Boom Dream Under Threat

The small, palm-fringed fishing town of Palma was meant to become a symbol of Mozambique's glittering future,...

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Oil Earnings Surge But Some Question Skimpy Investment

Rising crude prices drove huge profits for US oil industry giants, but key figures in the sector have raised concerns...

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Venezuela Oil Subsidiary Gave Trump Inauguration $500,000

Citgo, the US affiliate of Venezuela's state-run oil company, donated half a million dollars to Donald Trump's...

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A Case of Syria [Article]

It wasn’t until 2nd September 2013, that an American business mogul and maverick politician, Donald John Trump...

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Two Turkish Nationals Kidnapped In Nigeria

Gunmen have kidnapped two Turkish nationals from their hotel in southern Nigeria's oil-rich Akwa Ibom state, police...

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Trump Moves To Roll Back Obama Climate Measures

President Donald Trump declared the end of a "war on coal" Tuesday, as he moved to curb rules that underpin American...

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Trump Poised To Roll Back Climate Protections

US President Donald Trump will on Tuesday roll back a slew of environmental protections enacted by Barack Obama, in a...