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Page 2 - Exxon

Exxon to cut 14,000 jobs as coronavirus pandemic dents oil demand

(Reuters) - Exxon Mobil Corp said on Thursday it could cut its global workforce by about 15%, including deep white-collar staff reductions in the United States, as the COVID-19 pandemic batters energy demand and prices.

Exxon to cut 14,000 jobs as coronavirus pandemic dents oil demand
Updated On : 30 Oct 2020 | 1:23 AM IST

Exxon downsizes global empire as Wall Street worries about dividend

Wall Street investors are even starting to worry about the once-sacrosanct dividend at Exxon

Exxon downsizes global empire as Wall Street worries about dividend
Updated On : 09 Sep 2020 | 1:54 AM IST

A $91 billion asset manager dumps Exxon Mobile, Chevron over climate policy

The move by the Oslo-listed company, which has about $91 billion under management, is another illustration of how investors are adjusting to the risks of climate change

A $91 billion asset manager dumps Exxon Mobile, Chevron over climate policy
Updated On : 24 Aug 2020 | 12:47 PM 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

BPCL makes faster, cheaper tech to test crude; in talks with MNCs for sale

BPCL has been developing the technology since FY16 and reached commercial production stage two years ago

BPCL makes faster, cheaper tech to test crude; in talks with MNCs for sale
Updated On : 05 Apr 2020 | 2:46 PM 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

Exxon shareholders launch proxy fight against the oil giant's directors

The shareholders said they have engaged with Exxon on climate change and its greenhouse gas emissions since 2005 and the company has "failed to respond adequately" in contrast to peers

Exxon shareholders launch proxy fight against the oil giant's directors
Updated On : 05 May 2019 | 1:48 AM IST