ExxonMobil

Headlines

Higher Oil Prices Boost ExxonMobil, Chevron Earnings

US petroleum giants ExxonMobil and Chevron reported big jumps in second-quarter profits Friday, the latest boost from a...

Headlines

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...

Headlines

Tillerson Denies Suggestions He Will Resign

US Secretary of State on Wednesday Rex Tillerson denied suggestions that he plans to resign because of disagreement...

Headlines

Tillerson Staying On As Top US Diplomat

Top US diplomat Rex Tillerson does not plan to step down, the State Department said Tuesday, quashing reports citing...

Headlines

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,...

Headlines

Tillerson Leaves Gulf With No End In Sight To Qatar Crisis

US Secretary of State Rex Tillerson on Thursday wrapped up a four-day mission to the Gulf with little sign of progress...

Headlines

Tillerson To Meet Arab Ministers Over Qatar Boycott

US Secretary of State Rex Tillerson, touring the crisis-hit Gulf for a round of intense shuttle diplomacy, arrived in...

Headlines

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...

Headlines

US Stocks Pressured By Weak Oil Shares

Petroleum-linked shares tumbled early Wednesday, on lower oil prices, pressuring US stocks, while some big technology...

Headlines

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...

Headlines

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,...

Headlines

Chad Settles Tax Dispute With Foreign Oil Firms

Chad, one of the countries hardest hit by the drop in oil prices, announced that it would seek to diversify its economy...

Headlines

Envoys Wade In To Help US Waters Despite Trump Climate Snub

President Donald Trump may have torpedoed the Paris climate accord as US diplomats brace for huge cuts to their...

Headlines

Climate Change Decision Reveals Splits

There was applause in the White House Rose Garden when President Donald Trump announced he was pulling the United...

Headlines

US States, Cities and Firms Unite Behind Paris Accord

Democratic state governors, city mayors and powerful companies united Friday in defiance of President Donald Trump's...

International

Trump’s Climate Decision Comes Under Fire From Business Leaders

US coal producers welcomed President Trump's decision on Thursday to pull the US out of the Paris climate deal. But the...

Headlines

US May Do Less Harm Outside Climate Pact Than In It

America's withdrawal from the climate-rescue Paris Agreement under Donald Trump is a blow to global unity but may be a...

Headlines

Republicans Hail Trump For Exiting Paris Climate Deal

Donald Trump's Republican allies applauded the president Thursday for announcing an end to US participation in the...

Headlines

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...