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Exxon Mobil Corp

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  • WARSAW, Jan 31- U.S. energy major Chevron Corp said it will stop exploring for shale gas in Poland, a sector that has failed to live up to its early promise of transforming eastern Europe's energy supplies. Exxon Mobil, Total and Marathon Oil have also stopped shale gas exploration in Poland over the past three years. Governments in eastern Europe, especially Poland,...

  • Chevron to stop its shale gas exploration in Poland Saturday, 31 Jan 2015 | 6:24 AM ET

    WARSAW, Jan 31- U.S. energy major Chevron Corp said it will stop exploring for shale gas in Poland, a sector that has failed to live up to its early promise of transforming eastern Europe's energy supplies. Chevron's Polish unit "has decided to discontinue shale gas operations in Poland as the opportunities here no longer compete favorably with other...

  • Final Glance: Oil companies Friday, 30 Jan 2015 | 6:02 PM ET

    BP PLC rose$. 08 or. 2 percent, to $38.83. ConocoPhillips rose$. 16 or. 3 percent, to $62.98. Exxon Mobil Corp. fell$. 16 or. 2 percent, to $87.42.

  • IRVING, Texas— Exxon Mobil Corp. has updated its corporate policies to protect employees from discrimination for sexual orientation or gender identity. Spokesman Allan Jeffers said Friday that the Irving, Texas- based oil giant added these protections to comply with federal law. Exxon Mobil, which has federal contracts worth millions of dollars, had said it...

  • Business events scheduled for the coming month Friday, 30 Jan 2015 | 1:35 PM ET

    WASHINGTON— Commerce Department releases personal income and spending for December, 8:30 a.m.; Institute for Supply Management releases its manufacturing index for January, 10 a.m.; Commerce Department releases construction spending for December, 10 a.m.. WASHINGTON— Commerce Department releases factory orders for December, 10 a.m.. TOKYO— Panasonic...

  • Business events scheduled for the coming week Friday, 30 Jan 2015 | 1:33 PM ET

    WASHINGTON— Commerce Department releases personal income and spending for December, 8:30 a.m.; Institute for Supply Management releases its manufacturing index for January, 10 a.m.; Commerce Department releases construction spending for December, 10 a.m.. WASHINGTON— Commerce Department releases factory orders for December, 10 a.m.. TOKYO— Panasonic...

  • Midday Glance: Oil companies Friday, 30 Jan 2015 | 1:27 PM ET

    BP PLC fell$. 22 or. 6 percent, to $38.54. ConocoPhillips fell$. 93 or 1.5 percent, to $61.89. Exxon Mobil Corp. fell$. 57 or. 7 percent, to $87.01.

  • NEW YORK, Jan 30- Stock prices in the U.S. energy sector have been under pressure in 2015, and there could be more bad news to come when several key players report their fourth-quarter results next week. Energy company earnings are seen tumbling 25 percent in the fourth quarter, according to Thomson Reuters data, a bigger decline than the drop of 19.8 percent...

  • Early Glance: Oil companies Friday, 30 Jan 2015 | 11:13 AM ET

    BP PLC rose$. 24 or. 6 percent, to $38.99. ConocoPhillips rose$. 62 or 1.0 percent, to $63.44. Exxon Mobil Corp. rose$. 70 or. 8 percent, to $88.28.

  • NEW YORK— Chevron Corp. said Friday its net income and revenue dropped in the fourth-quarter as oil and gas prices slumped, and the company said it plans significant cuts in spending in 2015.. Chevron said net income sank 30 percent and revenue declined 18 percent in the fourth quarter, as it earned $3.47 billion, or $1.85 per share, on $46.09 billion in revenue.

  • Markets brace for Big Oil profit plunge Friday, 30 Jan 2015 | 6:15 AM ET

    NEW YORK— It's just a forecast, and for only one of 10 industry groups in the stock market. Yet it has almost singlehandedly turned what had been a strong earnings season into a weak one. BP told workers Monday that it would freeze pay for 2015. On Friday, Chevron posted a 30 percent decline in fourth-quarter profit, a day after Royal Dutch Shell reported a 57 percent...

  • MOSCOW, Jan 30- Russian state-controlled oil company Rosneft will not be able to resume drilling in the Kara Sea this year after Western sanctions halted its cooperation with ExxonMobil, two company sources told Reuters on Friday. Asked for comment, Rosneft said: "In 2015, Rosneft will ensure implementation of its licence obligations related to geological...

  • Final Glance: Oil companies Thursday, 29 Jan 2015 | 6:14 PM ET

    BP PLC fell$. 13 or. 3 percent, to $38.75. ConocoPhillips rose$. 24 or. 4 percent, to $62.82. Exxon Mobil Corp. fell$. 37 or. 4 percent, to $87.58.

  • Most active New York Stock Exchange-traded stocks Thursday, 29 Jan 2015 | 1:23 PM ET

    NEW YORK— A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. AT&T Inc. was unchanged at $32.70 with 14,565,000 shares traded. Bank of America Corp. rose 1.0 percent to $15.35 with 45,663,700 shares traded.

  • Midday Glance: Oil companies Thursday, 29 Jan 2015 | 1:23 PM ET

    BP PLC fell$. 26 or. 7 percent, to $38.62. ConocoPhillips fell$. 70 or 1.1 percent, to $61.88. Exxon Mobil Corp. fell $1.30 or 1.5 percent, to $86.66.

  • NEW YORK— The plunge in oil has crushed the Russian ruble, erased $80 billion from Exxon Mobil's market value and pushed Venezuela to the brink of economic collapse. But to Justin Thomas, the real drama in oil unfolds on a smaller scale, a story told in tiny, second-by-second moves in prices on his computer screen. "It was quiet, then there was chaos," said Thomas after a...

  • Sasol choking on oil glut—holds $14B expansion Thursday, 29 Jan 2015 | 11:48 AM ET
    Gas prices at a Costco station in Westminster, Colorado, December 23, 2014.

    South African energy company Sasol delayed its $14 billion expansion in Louisiana amid falling oil prices, the New York Times reports.

  • Early Glance: Oil companies Thursday, 29 Jan 2015 | 10:40 AM ET

    BP PLC fell$. 33 or. 8 percent, to $38.55. ConocoPhillips fell$. 24 or. 4 percent, to $62.34. Exxon Mobil Corp. fell $1.03 or 1.2 percent, to $86.93.

  • PARIS/ DUBAI, Jan 29- Total became the first oil major to renew a 40- year onshore concession in Abu Dhabi, putting its peers under pressure to improve terms after the local partner said the French firm made the best offer. The state-run Abu Dhabi National Oil Company signed an agreement on Thursday with Total giving the firm a 10 percent stake in the new concession...

  • PARIS/ DUBAI, Jan 29- State-run Abu Dhabi National Oil Company signed an agreement on Thursday with Total giving the French oil major a 10 percent stake in a new 40- year onshore concession to help operate the United Arab Emirates' biggest oilfields. Nine Asian and Western firms had bid for stakes in the Abu Dhabi Company for Onshore Oil Operations concession...