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Buffett's Berkshire buys sizable new Exxon Mobil stake

Last Updated: Friday, November 15, 2013, 09:01

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

Last Updated: Thursday, April 18, 2013, 11:46

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

Last Updated: Thursday, March 08, 2012, 22:48

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

Last Updated: Saturday, January 28, 2012, 19:16

Exxon and TonenGeneral aim to complete the deal around summer.

Venezuela shrinks nationalization payment to Exxon

Last Updated: Tuesday, January 03, 2012, 10:11

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

Last Updated: Monday, December 19, 2011, 09:07

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%

Last Updated: Thursday, October 27, 2011, 18:25

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

Last Updated: Monday, October 17, 2011, 09:19

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

Exxon profit up 41%, misses Street

Last Updated: Friday, July 29, 2011, 09:39

Exxon Mobil Corp reported a higher quarterly profit that missed Wall Street estimates as maintenance slowed its international refining and production, and its shares closed down 2 percent.

Rising river complicates Exxon oil spill cleanup

Last Updated: Tuesday, July 05, 2011, 15:19

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