Business News Rex Tillerson

  • Secretary of State Mike Pompeo testifies before the Senate Foreign Relations Committee on Capitol Hill in Washington,  July 25, 2018.

    The charm offensive includes resuming the hiring of diplomats' family members when posted abroad, cheerleading emails to staff about his travels, and a push to replenish the top ranks of U.S. diplomacy, officials said.

  • HOUSTON, Aug 15- A federal judge rejected Exxon Mobil Corp's motion to dismiss a securities suit alleging the company and top executives misled investors about the impact of climate change on its business. U.S. District Court Judge Ed Kinkeade in Dallas ruled on Tuesday the plaintiffs could go ahead with their suit against Exxon, former Chief Executive Rex...

  • June 28- The United States on Thursday placed Myanmar on its list of worst offenders of human trafficking and accused it of using child soldiers amid global criticism over human rights abuses by the country's military against the minority Rohingya Muslims. Gabon, Laos, Papua New Guinea and Bolivia were also downgraded to Tier 3 from the Tier 2 Watch List in the...

  • The Trump International Hotel in Washington, D.C.

    ProPublica found that $16.1 million of political and taxpayer money has been spent at Trump hotels and other properties since the president was elected. Most of it was from political entities such as the Trump campaign but government agencies chipped in, too.

  • *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...

  • Moon Jae-in, South Korea's president, right, speaks with Kim Jong Un, North Korea's leader, as they walk along a bridge during the inter-Korean summit in the village of Panmunjom in the Demilitarized Zone (DMZ) in Paju, South Korea, on Friday, April 27, 2018.

    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.

  • 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...

  • President Donald Trump and Russia's president Vladimir Putin

    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.

  • Outgoing U.S. Secretary of State Rex Tillerson makes a statement on his departure from the State Department March 13, 2018 at the State Department in Washington, DC.

    Former Secretary of State Rex Tillerson on Wednesday decried what he called “a growing crisis in ethics and integrity” in American public life.

  • Sen. John McCain (R-AZ) receives the the 2017 Liberty Medal from former Vice President Joe Biden at the National Constitution Center on October 16, 2017 in Philadelphia, Pennsylvania.

    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...

  • Muhammadu Buhari, Nigeria's president, speaks during the U.S.-Africa Business Forum in New York.

    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...