Business
Rex Tillerson
*Company looking to focus on LNG development in Mozambique. LONDON, June 7- Exxon Mobil is seeking buyers for its stake in a large undeveloped gas field off Tanzania, according to three banking and industry sources, as the company focuses on the development of an even bigger project in neighbouring Mozambique. The planned sale is an example of Chief Executive...
Just last year, Trump and Kim Jong Un were exchanging insults and threats. Now they're on the verge of a historic summit that is back on track for June 12, the president said Friday.
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DALLAS, May 30- Exxon Mobil Corp shareholders rejected a proposal on Wednesday that would have split the roles of chairman and chief executive, securing CEO Darren Woods's role as he looks to improve results at the world's largest publicly traded oil producer. Woods, who became chairman and CEO in January 2017, has struggled to recover from failed bets taken by...
The State Department pondered placing the label of state sponsor of terror on Putin’s government after the attack on the former Russian spy. Instead, the Trump administration continued to treat Russia as a partner in fighting terrorism even as evidence of its misbehavior continues, ProPublica reports.
Former Secretary of State Rex Tillerson on Wednesday decried what he called “a growing crisis in ethics and integrity” in American public life.
A White House official dismissed McCain's opposition to a Trump administration nominee because "he's dying anyway," three sources with knowledge told NBC News.
PARIS/ DUBAI/ WASHINGTON, May 9- When Saudi Arabia's Crown Prince visited France in April, he oozed confidence that President Donald Trump would pull the United States out of the Iran nuclear deal which Riyadh has long opposed. A source close to Saudi policymakers said Washington and Riyadh, Iran's main regional rival, had been discussing the 2015 nuclear deal "for...
PARIS/ DUBAI/ WASHINGTON, May 9- When Saudi Arabia's Crown Prince visited France in April, he oozed confidence that President Donald Trump would pull the United States out of the Iran nuclear deal which Riyadh has long opposed. A source close to Saudi policymakers said Washington and Riyadh, Iran's main regional rival, had been discussing the 2015 nuclear deal "for...
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President Donald Trump is set to host a joint press conference with President Muhammadu Buhari of Nigeria on Monday afternoon.
HOUSTON, April 27- Weak refining margins hurt Exxon Mobil Corp and Chevron Corp's first-quarter profit, cutting into overall gains from rising oil prices. Strength in the Chevron division that pumps oil and gas helped overcome the refining weakness and beat Wall Street profit expectations for the quarter. Shares of Exxon fell 3.7 percent to $77.88 in...
HOUSTON, April 27- Weak refining margins hurt Exxon Mobil Corp and Chevron Corp's first-quarter profit, cutting into overall gains from rising oil prices. Strength in the Chevron division that pumps oil and gas helped overcome the refining weakness and beat Wall Street profit expectations for the quarter. Shares of Exxon fell 3.7 percent to $77.88 in...
HOUSTON, April 27- Weak refining margins hurt Exxon Mobil Corp and Chevron Corp's first-quarter profit, cutting into overall gains from rising oil prices. Strength in the Chevron division that pumps oil and gas helped overcome the refining weakness and beat Wall Street profit expectations for the quarter. Shares of Exxon fell 3.7 percent to $77.88 in...
BRUSSELS, April 27- Barely 12 hours after being sworn in as U.S. secretary of state, Mike Pompeo went straight to NATO headquarters on Friday in what European allies saw as strong support for an institution that U.S. In a day of closed-door meetings with NATO foreign ministers, Pompeo appeared to charm European allies with tough talk on Russia and a more...
HOUSTON, April 27- Weak refining margins dinged first-quarter results for Exxon Mobil Corp and Chevron Corp, though Chevron's oil production gains outshone its larger rival, which has struggled to turn operations around after recent missteps. U.S. producers are accelerating shale drilling mostly in the Permian Basin of west Texas and New Mexico, the largest...
LONDON, April 25- Discipline has become the oil industrys favorite word as it emerges from the deepest and longest downturn in a generation. Senior executives are pledging to maintain a cautious approach to investment and spending despite the recovery in oil prices over the last two years. The case for a more disciplined approach has been powerfully argued by...
LONDON, April 25- Discipline has become the oil industrys favourite word as it emerges from the deepest and longest downturn in a generation. Senior executives are pledging to maintain a cautious approach to investment and spending despite the recovery in oil prices over the last two years. The case for a more disciplined approach has been powerfully argued by...
The DNC announced a far-reaching lawsuit against the Trump campaign, Russia and Wikileaks on Friday, alleging a conspiracy during the 2016 presidential election.
LONDON, April 19- Last October, at the height of a political crisis in Iraq's Kurdistan region, a letter arrived at the Iraqi oil ministry in Baghdad from Igor Sechin, head of Kremlin oil major Rosneft. Kurdistan, a region of about 6 million people in northern Iraq, had just tried and failed to break away from the rest of the country. Global powers including the United...
LONDON, April 19- Last October, at the height of a political crisis in Iraq's Kurdistan region, a letter arrived at the Iraqi oil ministry in Baghdad from Igor Sechin, head of Kremlin oil major Rosneft. Kurdistan, a region of about 6 million people in northern Iraq, had just tried and failed to break away from the rest of the country. Global powers including the United...
HOUSTON, April 12- Exxon Mobil Corp Chairman and Chief Executive Darren Woods's compensation package rose about 4 percent last year to $17.5 million, his first year running the world's largest publicly traded oil producer. The pay increase came as Exxon's profit more than doubled in 2017 thanks to rising crude oil prices and as the company launched or added to...
