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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.

Exxon to sell part of Tonen stake for about $3.9 billion: Sources

Exxon and TonenGeneral aim to complete the deal around summer.

Venezuela shrinks nationalization payment to Exxon

Venezuela's PDVSA said on Monday it will pay Exxon Mobil Corp USD 255 million in compensation for nationalized assets - less than a third of what the US oil giant said it was awarded by an arbitration panel.

Exxon mulls $10.9 billion approach for Gulf Keystone: Report

US oil major Exxon Mobil Corp is mulling a 7 billion pound (USD 10.9 billion) takeover of Kurdistan-focused explorer Gulf Keystone Petroleum, the Independent on Sunday reported.

Exxon Mobil profit rises 41%

Exxon's profit rose 41 percent in the third quarter, helped by gains in crude oil prices and higher refining margins.

Kinder Morgan to buy El Paso for $21 billion

Kinder Morgan Inc struck a USD 21 billion deal to buy rival El Paso Corp.

Rising river complicates Exxon oil spill cleanup

Up to 1,000 barrels of crude oil oozed into the legendary Yellowstone before the leak was stopped.