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Exxon's profit tumbles 58%, slashes capex by one-quarter

Exxon Mobil Corp on Tuesday reported its smallest quarterly profit in more than a decade and said it will cut 2016 spending by one-quarter and suspend share repurchases as it copes with a prolonged downturn in crude prices.

Bells toll for Europe's largest gas field

Dutch church bells that for centuries have tolled to warn of floods across the low-lying countryside are sounding the alarm for a new threat: earthquakes linked to Europe`s largest natural gas field.

Buffett's Berkshire buys sizable new Exxon Mobil stake

Warren Buffett's Berkshire Hathaway Inc on Thursday disclosed a new USD 3.45 billion stake in Exxon Mobil Corp, after buying 40.1 million shares in the world's largest publicly traded oil company.

Apple loses world's most valuable firm title

Tech giant Apple has lost its title as the world's most valuable publicly traded company after the firm's shares fell below 400 dollars for the first time in a year and half.

Exxon to spend $185 billion over 5 years to find oil, gas

Exxon said Thursday that it will spend about USD 185 billion over the next five years to find more oil and natural gas to meet an expected increase in energy demand.