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ExxonMobil, Chevron told to allow investor climate votes

US regulators have told ExxonMobil and Chevron to permit shareholders to vote on resolutions requiring assessments of how climate change policies might affect them, according to documents released Thursday.

US stocks drop as oil equities tumble

US stocks dropped Monday with petroleum-linked equities retreating on a big drop in oil prices as Wall Street girds for a busy week of economic reports.

ExxonMobil to set up business suppport centre in B'luru

Karnataka government Thursday said ExxonMobil, a US-based international oil and gas company, will be establishing a new Business Support Center in the city later this year to provide a range of technical and business support services for the company, globally.

ExxonMobil earnings fall on lower oil prices

ExxonMobil earnings fell sharply in the first quarter as the big drop in oil prices crimped the petroleum giant`s exploration and production results, the company said Thursday.

Dow, S&P 500 fall; Nasdaq up back near 5,000

The Dow and S&P 500 Thursday gave back some of their gains from the prior session, while the Nasdaq edged up closer to 5,000.

ExxonMobil cuts capital spending on falling oil prices

US oil giant ExxonMobil said Wednesday it would reduce investment spending by nearly 12 percent this year in response to lower crude-oil prices.

ExxonMobil says Russia sanctions cost it $1 bn

US energy giant ExxonMobil said Thursday that US and European Union sanctions against Russia had cost it $1 billion last year.

ExxonMobil profits drop as oil and gas output falls

ExxonMobil profits drop as oil and gas output falls

ExxonMobil Monday reported a fall in quarterly earnings on lower oil and gas production and a weak US refining performance.

Venezuela fined $1.6 bn for taking ExxonMobil assets

A World Bank arbitration panel Thursday ruled that the Venezuelan government must pay ExxonMobil $1.6 billion to compensate for taking control of the US firm`s heavy-oil project in the country.

ExxonMobil pumps $1bn to Europe

The US energy giant said it intends to instal a new unit at the site which will convert heavy crude into diesel and marine fuel.

ExxonMobil finds promising shale oil deposit in Argentina

ExxonMobil said Wednesday it has found a promising shale oil deposit in southern Argentina, on par with some of the best of its kind in the United States.

Shell ends talks with Ukraine on Black Sea gas

Anglo-Dutch oil giant Shell said Wednesday it has ended talks with Ukraine and US group ExxonMobil on extracting natural gas in the Black Sea off the coast of crisis-hit Crimea.

Google's Market Cap surges over $400 bn for first time

Google's stock reportedly plummeted to an all-time high of 1,191 dollars, following which its market cap hit 400 billion dollars for the first time in its history.

Exxon to sell Hong Kong power company stake

The largest US oil company reported an 18 percent decline in third quarter profits last month due to weaker refining earnings.

Cairn India is the fastest growing energy company: Platts

While ExxonMobil maintained its number one position in the list, Cairn India topped the list for fastest growing companies with a three-year CGR of 119.8 percent, Platts said at the award ceremony held here last night.

OVL keen on stake in Russia's Arctic oil and gas fields

ONGC Videsh Ltd, the overseas arm of state-owned Oil & Natural Gas Corp (ONGC), is eyeing stake in Russia's ambitious Arctic Ocean oil and gas projects with US supermajor ExxonMobil and Italian energy giant ENI.

Russia's Gazprom world's most profitable firm in 2011

Gazprom netted USD 44.46 billion in profits last year, compared to USD 41.6 billion generated by ExxonMobil, which was the world's most profitable company in 2010.

Apple beats Exxon to become most valuable company

A day after Apple posted historic quarterly profits, the technology giant surpassed oil major ExxonMobil to briefly become the most valuable company in the world when its market value touched USD 419 billion.