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Rex Tillerson

  • SINGAPORE, Dec 4- Brent crude rose above $70 a barrel on Thursday, gaining nearly a percent along with U.S. futures as a fall in crude stockpiles in the United States supported prices. The contract settled below $70 on Wednesday after a report suggested Saudi Arabia expected still lower prices for oil. Many analysts expect prices to head still lower after recent...

  • *Brent down after report citing $60 oil outlook by Saudis. NEW YORK, Dec 3- U.S. crude closed higher on Wednesday at more than $67 after data showed a surprise tumble in inventories, but a report suggesting Saudi Arabia expected still lower prices for oil sent Brent below $70 a barrel. Brent closed lower after the Wall Street Journal, citing people familiar with the...

  • NEW YORK, Dec 3- Brent fell to around $70 a barrel on Wednesday while U.S. crude rose to above $67 after data showed a tumble in U.S. crude inventories even as a report suggested Saudi Arabia expects still lower prices for oil. The Wall Street Journal reported that Saudi Arabia, OPEC's biggest producer, believed oil prices could stabilize at around $60 a barrel.

  • SPECIAL REPORT-How Exxon helped make Iraqi Kurdistan Wednesday, 3 Dec 2014 | 7:31 AM ET

    LONDON/ ARBIL, Dec 3- In January 2011, Exxon hired one of the best connected men in Iraq: Ali Khedery, an American of Iraqi descent who had served in Baghdad as a special assistant to five U.S. ambassadors and a senior adviser to three U.S. generals. "We will see a rise in violence and a total paralysis in Baghdad," he recalled saying. He suggested an alternative: Kurdistan, a...

  • Oct 31- A surge in refining profits boosted quarterly results for Exxon Mobil Corp and Chevron Corp, helping to offset lower oil and gas output and slumping crude oil prices. "Exxon Mobil's quarterly results demonstrate the strength of our integrated business model," Chief Executive Officer Rex Tillerson said in a statement after his company posted results.

  • Oct 31- A surge in refining profits boosted quarterly results at Exxon Mobil Corp and Chevron Corp, helping to offset declining oil and gas production and falling crude oil prices. "Exxon Mobil's quarterly results demonstrate the strength of our integrated business model," Chief Executive Officer Rex Tillerson said in a statement after his company posted...

  • Oct 31- Exxon Mobil Corp, the world's largest publicly traded oil company, on Friday reported a better-than-expected 3 percent increase in quarterly profit on higher results in its refining and chemicals businesses. "Exxon Mobil's quarterly results demonstrate the strength of our integrated business model," Chief Executive Officer Rex Tillerson said in a...

  • HOUSTON, Oct 2- Exxon Mobil Corp has seen some of its oil and gas activities in West Africa disrupted by the Ebola outbreak, including plans to drill offshore Liberia, the company's chief executive officer said on Thursday. "We had some drilling plans for some blocks offshore West Africa in Liberia," CEO Rex Tillerson told a news conference to announce $18 million in...

  • *Energy ministry, LUKOIL to meet investors this month. LONDON/ MOSCOW, Oct 5- Rosneft Chief Executive Igor Sechin met investors in London on Friday, launching a charm offensive by Russia's oil industry, which is trying to court foreign capital after a decade in which it became almost synonymous with resource nationalism.

  • LONDON/ MOSCOW, Oct 5- Rosneft Chief Executive Igor Sechin met investors in London on Friday, launching a charm offensive by Russia's oil industry which is trying to court foreign capital after a decade in which it became almost synonymous with resource nationalism.

  • ExxonMobil CEO Rex Tillerson  Friday, 9 Mar 2012 | 12:00 AM ET

    ExxonMobil CEO Rex Tillerson and IHS CERA chairman Daniel Yergin discuss the roles of government and the private sector in energy development and creating a climate for investment in new technologies. From CERAWeek, the world's premier energy conference.

  • A World Awash in Oil—and Higher Prices Wednesday, 9 Mar 2011 | 5:53 PM ET

    It is no surprise that the normal supply and demand economics in the oil markets have been replaced with fear and speculation. And today, two major players went on the offensive.