Future growth in world energy demand is a cause for optimism because it will signal economic recovery and progress, Rex W. Tillerson, chairman and chief executive officer of Exxon Mobil Corporation, said today at the 20th World Petroleum Congress in Doha, Qatar. ExxonMobil is forecasting the global economy to more than double in size between 2010 [...]
Exxon Mobil today announced that its third quarter earnings of $10.3 billion were up 41% from the third quarter of 2010, reflecting higher crude oil and natural gas realizations and improved refining margins. Earnings for the first nine months of 2011 were $31.7 billion, up 49% over the first nine months of 2010. Upstream earnings [...]
The changes and challenges of the past decade led to progress and growth for the natural gas industry, Linda DuCharme, director, Gas & Power Marketing, Europe, Russia and Caspian, ExxonMobil International Limited, said today in a keynote address at the Gastech Conference and Exhibition in Amsterdam. DuCharme presented the keynote commercial address on “Natural Gas: [...]
Exxon Mobil Corporation said today it would donate $1 million to the Japanese Red Cross Society to provide disaster relief assistance in response to the recent earthquake and tsunami in Japan. The company has also implemented a worldwide program to match employee, retiree, dealer and distributor donations to Japanese disaster relief, up to a further [...]
“ExxonMobil continues to deliver strong financial and operating results. The full year 2010 earnings, excluding special items, were $30.5 billion, up 57% from 2009, driven by higher crude oil and natural gas realizations, stronger refining margins and record Chemical performance. Fourth quarter earnings were $9.3 billion, an increase of 53%. “Oil-equivalent production was 19% higher [...]
EXXONMOBIL’S CHAIRMAN REX W. TILLERSON COMMENTED: “ExxonMobil’s focus on operational excellence continues to deliver strong results. Second quarter earnings, excluding special items, of $7.6 billion, were up 85% from second quarter of last year reflecting higher crude oil realizations, improved downstream margins, and strong chemical results. First half earnings, excluding special items, of $13.9 billion [...]
An ongoing dispute between the government of Ghana and representatives of Kosmos Energy over control of the oil-rich Jubilee field shows… Source: Washingtontimes,July 9, 2010;
Ukraine is working to engage Exxon Mobil Corp., Texaco and Chevron Corp. (all based in the U.S.) to development of the Black Sea shelf… Source: kyivpost, June 15, 2010;
