Exxon says production will rise as spending slows
Exxon Mobil, the world's largest publicly traded oil company, has revealed its output would rise slowly in 2017 as it continues cutting costs.
Exxon Mobil, the world's largest publicly traded oil company, has revealed its output would rise slowly in 2017 as it continues cutting costs.
Statoil has re-entered the Irish exploration region after being awarded six Licensing Options in Ireland’s 2015 Atlantic Margin Licensing Round.
Exxon Mobil Corp. raised $12 billion in its biggest bond sale on record and may use the funds to snap up rivals amid a commodities bust.
Exxon Mobil has failed to replace all of the oil and natural gas it produced last year with new discoveries and acquisitions for the first time in more than 20 years.
A LNG tanker docked at the Sabine Pass terminal in Louisiana only days before the United States ships its first export cargo of seaborne gas from the lower 48 states.
Canada's Imperial Oil said profit in the fourth quarter sank as oil remained near 12-year lows amid rising production.
Exxon Mobil has announced estimated 2015 earnings of $16.2billion compared with $32.5billion a year earlier.
Exxon Mobil, the world's largest oil company, has promoted Darren Woods to president.
Decades of financial discipline that honed Exxon Mobil Corp. into the leanest, most-efficient oil company in the world are paying off as it navigates the worst market slump since the 1980s.