Business Standard

Page 3 - Exxon Mobil

Exxon Mobil considering global job cuts as pandemic hurts: Spokesman

Exxon Mobil Corp is assessing possible job cuts across its worldwide operations, a spokesman said on Wednesday, after the company announced a voluntary job reduction programme in Australia

Exxon Mobil considering global job cuts as pandemic hurts: Spokesman
Updated On : 02 Sep 2020 | 8:54 AM IST

Oil firms collectively cut the value of their assets by nearly $50 bn in Q2

London-based BP has previously said it plans to cut its overall output by roughly 1 million barrels of oil equivalent (boepd) by the end of 2030 from its current 3.6 million boepd

Oil firms collectively cut the value of their assets by nearly $50 bn in Q2
Updated On : 09 Aug 2020 | 1:27 PM IST

Exxon CEO Darren Woods calls rivals' climate goals a 'beauty competition'

Much-derided plastic even came in for some praise, with Exxon Senior Vice President Jack Williams arguing that it's "a net benefit to society and to the environment."

Exxon CEO Darren Woods calls rivals' climate goals a 'beauty competition'
Updated On : 07 Mar 2020 | 2:01 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

HUL to Nestle, brands are using green marketing initiatives to woo buyers

As a political blame game ensued, such environment disasters show the great opportunity that brands have to display their green leanings

HUL to Nestle, brands are using green marketing initiatives to woo buyers
Updated On : 24 Oct 2019 | 10:25 PM IST

ONGC, ExxonMobil tie up for oil exploration in India; plan to bid for OALP

On Monday, ExxonMobil had signed a pact with Indian Oil Corporation to expand its liquefied natural gas business initiatives in India

ONGC, ExxonMobil tie up for oil exploration in India; plan to bid for OALP
Updated On : 16 Oct 2019 | 1:51 AM IST

Shareholders of big oil to 'drown' in cash as firms shift to renewables

"Shareholders will be drowned in capital paid back by energy majors in the next 20 years," Rystad Energy said

Shareholders of big oil to 'drown' in cash as firms shift to renewables
Updated On : 08 Oct 2019 | 3:51 PM IST

Exxon Mobil sues Cuba for $280 million over expropriated property

Exxon, the largest US oil producer, is the first corporation to sue Cuba since the Trump administration allowed a long dormant section of the 1996 Cuban Liberty and Democratic Solidarity Act

Exxon Mobil sues Cuba for $280 million over expropriated property
Updated On : 04 May 2019 | 10:03 PM IST

New York sues Exxon for lying on climate change risk; firm refutes charges

The case alleges that the company failed to properly account for climate change costs in determining its volume of oil and gas reserves

New York sues Exxon for lying on climate change risk; firm refutes charges
Updated On : 25 Oct 2018 | 9:03 AM IST

Exxon Mobil looking to buy wind, solar power delivery in Texas

Exxon has been slow to follow big oil rivals such as Royal Dutch Shell and BP into renewable energy technologies

Exxon Mobil looking to buy wind, solar power delivery in Texas
Updated On : 26 Aug 2018 | 12:15 AM IST

Exxon forecasts global oil demand will fall by 2040 to 78 mn barrels a day

The findings were contained in a report produced after Exxon's shareholders supported a climate-impact resolution last year and Exxon's board approved a plan to analyse the effects

Exxon forecasts global oil demand will fall by 2040 to 78 mn barrels a day
Updated On : 03 Feb 2018 | 10:09 PM IST

Stakes for Exxon in sanctions case go far beyond a $2-mn fine

The rationale for the lawsuit appears to go beyond the financial impact of the fine

Stakes for Exxon in sanctions case go far beyond a $2-mn fine
Updated On : 23 Jul 2017 | 12:52 AM IST

Exxon to spend $20 bn, create 45,000 jobs in US, Trump welcomes move

Many of the new jobs will be high-skilled with salaries as high as $100,000 a year: CEO Darren Woods

Exxon to spend $20 bn, create 45,000 jobs in US, Trump welcomes move
Updated On : 07 Mar 2017 | 9:19 AM IST

Exxon Mobil and Rex Tillerson agree to sever all ties

Tillerson will surrender entitlement to more than $4.1 million in cash bonuses

Exxon Mobil and Rex Tillerson agree to sever all ties
Updated On : 04 Jan 2017 | 1:39 PM IST

Oilfield auction: Exxon Mobil, BP, RIL likely to skip

Sources said the government should have ideally clubbed two or more fields into a single unit to improve bidding prospects

Oilfield auction: Exxon Mobil, BP, RIL likely to skip
Updated On : 20 Nov 2016 | 1:05 PM IST

Exxon Mobil quarterly profit drops by $1.59 billion

Production fell about 3% to 3.8 million barrels of oil equivalent production per day

Exxon Mobil quarterly profit drops by $1.59 billion
Updated On : 28 Oct 2016 | 10:18 PM IST

A few guineas

Exxon's New Guinea sojourn stirs oil M&A waters

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Updated On : 19 Jul 2016 | 9:51 PM IST

Scraping by

Exxon Mobil reaches bottom of the oil barrel

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Updated On : 01 May 2016 | 10:00 PM IST