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Page 2 - Exxon Mobil Corp

Exxon to cut 14,000 jobs, including 1,900 in US, as Covid-19 hurts demand

The cuts would include everything from layoffs to retirements or performance-based exits

Exxon to cut 14,000 jobs, including 1,900 in US, as Covid-19 hurts demand
Updated On : 29 Oct 2020 | 11:43 PM IST

Chevron's deal with Noble Energy helps top Exxon Mobil m-cap for first time

Chevron's market value leapfrogged that of Exxon Mobil for the first time during a week in which it closed a $4.1 billion, all-stock deal for Noble Energy, a smaller oil and gas producer

Chevron's deal with Noble Energy helps top Exxon Mobil m-cap for first time
Updated On : 08 Oct 2020 | 8:30 AM IST

As Exxon Mobil is removed from the Dow, is this the end for Big Oil?

It's not the first time that there's only been one oil and gas company in the Dow

As Exxon Mobil is removed from the Dow, is this the end for Big Oil?
Updated On : 30 Aug 2020 | 1:32 PM IST

Salesforce to replace Exxon Mobil Corp in major Dow Jones shake-up

Prompted by Apple's stock split, Exxon will exit the index after 92 years

Salesforce to replace Exxon Mobil Corp in major Dow Jones shake-up
Updated On : 26 Aug 2020 | 2:08 AM IST

Exxon posts second straight quarterly loss on demand, price plunge

Exxon's oil and gas production business fell to a loss and its refining unit was hit by lower demand and weaker prices

Exxon posts second straight quarterly loss on demand, price plunge
Updated On : 01 Aug 2020 | 12:22 PM IST

Energy to retail: Reliance is India's reply to Exxon, AT&T, Amazon combined

Billionaire Mukesh Ambani's Reliance Industries is India's answer to US giants Exxon, AT&T and Amazon - all rolled into one, Bernstein Research said on Tuesday. "Reliance has disrupted the energy and telecoms industry in India and is on the cusp of doing the same to retail, fintech, and media," it said in a report adding the company has an enviable track record of innovation and execution. For the oil-to-telecom conglomerate, energy remains core business and is expected to further expand as India is forecast to be the fastest-growing market for fuel and chemical products over the next decade, it said adding the company's partnership with BP of the UK and Saudi Aramco will support this. Reliance owns the world's largest single-site oil refining complex and has multiple petrochemical plants. Three years back it forayed into telecom business and has reached 34 per cent share of market revenue. "Based on the current net add run-rates it will likely reach 44 per cent share by the end ..

Energy to retail: Reliance is India's reply to Exxon, AT&T, Amazon combined
Updated On : 21 Jan 2020 | 4:12 PM IST

New York judge sides with Exxon Mobil in environmental fraud case

The decision came after a trial that included testimony from former Exxon Mobil CEO Rex Tillerson

New York judge sides with Exxon Mobil in environmental fraud case
Updated On : 11 Dec 2019 | 2:35 AM IST

Exxon aims to sell $25 billion of assets to focus on mega-projects: Report

The sell-off would be a marked acceleration of the US oil major's previous divestment plans.

Exxon aims to sell $25 billion of assets to focus on mega-projects: Report
Updated On : 22 Nov 2019 | 2:09 AM IST

New York struggles to show Exxon Mobil misled investors on climate

State offers no hard evidence of an effort to mislead holders

New York struggles to show Exxon Mobil misled investors on climate
Updated On : 02 Nov 2019 | 8:56 PM IST

Exxon blocked from enforcing Venezuela arbitration award: US appeals court

It made its investments on a joint-venture basis with the state-owned Petroleos de Venezuela SA

Exxon blocked from enforcing Venezuela arbitration award: US appeals court
Updated On : 12 Jul 2017 | 12:05 AM IST

Exxon CEO is now Trump's secretary of state favourite

Trump appears to be in the final days of deliberations over his top diplomat with an announcement possible next week

Exxon CEO is now Trump's secretary of state favourite
Updated On : 11 Dec 2016 | 1:48 AM IST