*Leaders of 8 oil majors to meet in Paris on Oct. 16. LONDON, Oct 7- The leaders of eight of the world's top oil companies will meet in Paris next week to explain how they will help combat climate change, as part of an offensive ahead of a U.N. summit later this year. The Oct. 16 meeting will be followed by a press conference, where the company heads are also expected to renew...
WASHINGTON, Sept 15- The United States and China have exchanged revised offers for a proposed investment treaty, a spokeswoman for the U.S. China, which has more restrictions on foreign investment than the United States, is in talks with Washington to reduce the scope of so-called negative lists of sectors closed to the other side's investors.
VIENNA, June 3- Six months after OPEC upended oil markets and sent prices crashing, the head of U.S. oil giant ExxonMobil has an unusual message for the cartel: thanks. The price collapse has helped shine a sharper light on the highest-cost producers, Rex Tillerson, head of the world's largest publicly traded oil company, told a rare meeting of oil executives and OPEC...
This week's letter calling for a global carbon pricing by Europe's Statoil, Total, BP, Shell as well as ENI and BG showed first signs of such an agreement, albeit without the support of U.S. peers Exxon Mobil and Chevron. "While we have had discussions with European majors, and we wish them well, we don't believe we need to join this scheme," said Exxon Mobil...
HOUSTON, April 29- Exxon Mobil Corp on Wednesday raised its quarterly payout 6 percent, a move that underscores the world's largest publicly traded oil company's commitment to raising dividends, although at a slower pace in a time of lower crude oil prices. The Irving, Texas based oil company said its board had approved a second-quarter dividend of 73 cents per...
Exxon could make a deal soon, and targets for oil majors range from U.S. shale producers to distressed mining and resources firms, analysts tell CNBC.
Several big oil companies are expected to pay more in dividends than they will earn in 2015. Can the stocks really maintain these fat yields?
There's a new term used around the oil patch these days. You better learn it if you're going to catch the bottom in oil.
ExxonMobil CEO Rex Tillerson shares his thoughts on Warren Buffett's decision to sell Exxon shares and what it means for the stock.
ExxonMobil CEO Rex Tillerson, discusses how the oil glut is impacting energy prices and creating storage problems.
ExxonMobil CEO Rex Tillerson explains how U.S. and E.U. sanctions on Russia have cost the oil giant up to a billion dollars and where risk may not always lead to reward.
Expect more volatility in oil, with prices staying around current levels, Exxon Mobil CEO Rex Tillerson told CNBC.
ExxonMobil CEO Rex Tillerson announced plans to raise production while cutting capital expenditure by 12 percent.
*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 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.
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.