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Exxon Mobil Corp

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  • Midday Glance: Oil companies Tuesday, 14 Oct 2014 | 1:42 PM ET

    BP PLC fell$. 23 or. 6 percent, to $40.99. ConocoPhillips fell$. 08 or. 1 percent, to $67.99. Exxon Mobil Corp. rose$. 43 or. 5 percent, to $91.27.

  • WASHINGTON, Oct 14- Ending a 40- year old ban on U.S. crude oil exports would not raise domestic gasoline prices because it would put more petroleum onto global markets, where fuel prices are primarily set, a study by The Aspen Institute said on Tuesday. As the U.S. oil boom of the last six years builds an excess of light crude along the Gulf Coast refining hub, calls have...

  • Early Glance: Oil companies Tuesday, 14 Oct 2014 | 10:27 AM ET

    BP PLC fell$. 48 or 1.2 percent, to $40.74. ConocoPhillips fell$. 73 or 1.1 percent, to $67.34. Exxon Mobil Corp. rose$. 40 or. 4 percent, to $91.24.

  • Midday Glance: Oil companies Monday, 13 Oct 2014 | 1:19 PM ET

    BP PLC rose$. 20 or. 5 percent, to $41.74. ConocoPhillips fell$. 75 or 1.1 percent, to $69.61. Exxon Mobil Corp. rose$. 45 or. 5 percent, to $92.05.

  • Early Glance: Oil companies Monday, 13 Oct 2014 | 10:30 AM ET

    BP PLC rose$. 26 or. 6 percent, to $41.80. ConocoPhillips fell$. 34 or. 5 percent, to $70.02. Exxon Mobil Corp. rose$. 29 or. 3 percent, to $91.89.

  • OSLO, Oct 13- IKEA Group, the world's biggest furniture retailer, may introduce an internal carbon emissions price to help its drive to protect the environment and create a "new and better" company, chief executive Peter Agnefjall said. After attending a U.N. summit on climate change in New York on Sept. 23, Agnefjall said the Swedish furniture giant will consider...

  • Semiconductor stock buys on sector selloff: Pros Friday, 10 Oct 2014 | 7:32 PM ET
    Intel's Edison chip

    A selloff in semiconductors could create opportunity within the sector, OptionMonster's Pete Najarian says.

  • Midday Glance: Oil companies Friday, 10 Oct 2014 | 1:19 PM ET

    BP PLC fell$. 06 or. 1 percent, to $41.93. ConocoPhillips rose$. 38 or. 5 percent, to $71.82. Exxon Mobil Corp. rose $1.11 or 1.2 percent, to $92.93.

  • NEW YORK, Oct 10- Energy shares fell on Friday, extending their recent weakness as crude oil dropped to its lowest level since 2010.. Exxon Mobil Corp fell 0.9 percent to $90.97 while Chevron Corp was down 1.4 percent to $112.90. Halliburton Co slumped 5.5 percent to $54.09 and has lost almost 13 percent this week.

  • Early Glance: Oil companies Friday, 10 Oct 2014 | 10:28 AM ET

    BP PLC fell$. 45 or 1.1 percent, to $41.54. ConocoPhillips fell$. 44 or. 6 percent, to $71.00. Exxon Mobil Corp. fell$. 34 or. 4 percent, to $91.48.

  • ASTANA, Oct 10- Kashagan, the world's most expensive oil project, will have to spend another up to $3.6 billion to replace leaking oil and gas pipelines, which also could delay the restart of production, the Kazakh energy ministry said. Production at the Kashagan reservoir, the world's biggest oil find in recent times, started in September last year but was halted...

  • CARACAS, Oct 9- Venezuela said on Thursday compensation ordered by a World Bank arbitration tribunal in the Exxon Mobil Corp case was within a "reasonable range" once a previous award is deducted from the roughly $1.6 billion new determination.

  • CARACAS, Oct 9- Venezuela considers a World Bank arbitration tribunal's award "manageable" and will pay Exxon Mobil Corp for the 2007 nationalization of its oil projects from November, a source at state oil company PDVSA said on Thursday. Earlier, the Centre for Settlement of Investment Disputes ordered Venezuela to pay Exxon around $1.6 billion.

  • *Venezuela may seek to annul World Bank tribunal's award. CARACAS, Oct 9- A World Bank arbitration tribunal on Thursday ordered Venezuela to pay Exxon Mobil Corp around $1.6 billion to compensate for the 2007 nationalization of its oil projects in the country. "The Tribunal has found that the expropriation was conducted in accordance with due process, that it was...

  • NEW YORK/ HOUSTON, Oct 9- Investment bank Lazard Ltd has asked bidders that have shown interest in buying Citgo Petroleum Corp's U.S. refineries to submit an additional round of offers, people close to the deal told Reuters this week as the sale process proceeds despite doubts. Venezuela's state-run oil company PDVSA hired Lazard to handle the sale process for...

  • HOUSTON, Oct 9- A World Bank arbitration decision that Venezuela must pay Exxon Mobil Corp about $1.6 billion shows that the country "failed to provide fair compensation" for oil assets nationalized in 2007, Exxon said in a statement on Thursday. "Exxon Mobil recognizes the sovereignty of all nations and, while clearly not a desirable outcome, accepts...

  • "Weakness continues to pervade European economies, and that's leading to some nervousness with how earnings will play out," said Bill Lynch, director of investments at Hinsdale Associates, in Hinsdale, Illinois. Chevron Corp fell 2.9 percent to $114.60 while Exxon Mobil lost 2.8 percent to $91.97. Among specific names, U.S. Steel Corp fell 7.2 percent to $33.95...

  • CARACAS, Oct 9- A World Bank arbitration tribunal has determined Venezuela must pay Exxon Mobil Corp around $1.6 billion to compensate for a 2007 nationalization, the award posted on the International Chamber of Commerce website Thursday showed. A separate decision by the Paris- based ICSID in 2012 ordered Venezuela state oil company PDVSA pay Exxon $908...

  • South China Sea: Lots of oil, lots of uncertainty Thursday, 9 Oct 2014 | 12:56 PM ET
    Coast guard vessels from China (rear) and Vietnam in a disputed part of the South China Sea near China's oil drilling rig, May 14, 2014.

    The area is expected to hold billions of barrels of oil and trillions of cubic feet of gas, but energy firms are tentative about the region.

  • US STOCKS-Energy shares extend recent decline Thursday, 9 Oct 2014 | 10:25 AM ET

    NEW YORK, Oct 9- Energy shares were once against the biggest losers of the day in morning trading on Thursday, continuing a recent trend of weakness amid falling oil prices. Among specific companies, Halliburton Co fell 2.9 percent to $58.66 while Newfield Exploration Co lost 4.1 percent to $32.44. Exxon Mobil lost 1.2 percent to $93.49 and Chevron Corp was down...