Management of GNPC still in talks with Kosmos - Asafu-Adjaye

Thursday, March 11th, 2010

The management of Ghana National Petroleum Corporation (GNPC) is still in discussion with management of Kosmos Energy over the purchase of its stake in the Jubilee oil field, GNPC Managing ...


Exxon Mobil Corporation Announces 2009 Reserves Replacement

Tuesday, February 16th, 2010

Exxon Mobil Corporation (NYSE:XOM) announced today that additions to its proved reserves in 2009 totaled 2.0 billion oil-equivalent barrels, replacing 133 percent of production. Excluding the impact of asset sales, ...


Ghana Blocks Exxon $4bn Deal

Tuesday, February 9th, 2010

The government of Ghana has blocked the estimated $4bn sale of a stake in its Jubilee oil field, foiling months of talks between potential buyer Exxon Mobil Corp and the ...


Exxon Mobil Corporation Declares First Quarter Dividend

Thursday, January 28th, 2010

The Board of Directors of Exxon Mobil Corporation (NYSE:XOM) today declared a cash dividend of 42 cents per share on the Common Stock, payable on March 10, 2010 to shareholders ...


China National Offshore Oil Corporation (CNOOC)’s effort to buyoff 23 prime blocks currently owned and operated by Shell, Chevron, Exxon Mobil and Total

Tuesday, November 3rd, 2009

China National Offshore Oil Corporation (CNOOC), is said to be discussing with   the Federal Government to acquire some oil blocks, which are presently belong to the multinational oil and gas companies. ...


Mobil Delvac to Sponsor The Grascals

Tuesday, September 29th, 2009

Tour bus with Mobil Delvac and The Grascals logos unveiled at the 20th Annual International Bluegrass Music Awards Band to make several appearances throughout the year at various industry events and ...


Exxon Mobil Corporation Announces Estimated Second Quarter 2009 Results

Thursday, July 30th, 2009

Exxon Mobil Corporation (NYSE:XOM):                               Second Quarter       First Half         2009     2008     %   2009     2008     % Earnings Excluding Special Items                         $ Millions   4,090     11,970     -66   8,640     22,860     -62 $ Per Common Share                         Assuming Dilution 1   0.84     2.27     -63   1.76     4.29     -59                           Special Items                         $ Millions   (140 )   (290 )       (140 )   (290 )                               Earnings 1                         $ Millions   3,950     11,680     -66   8,500     22,570     -62 $ Per Common Share                         Assuming Dilution 1   0.81     2.22     -64   1.73     4.24     -59                           Capital and Exploration                         Expenditures - $ Millions   6,562     6,970     -6   12,336     12,461     -1                           1 See ...


Oil News from around the web, US crude rose 65 cents to $59.15 a barrel ; Nigeria petrol shortages

Tuesday, May 12th, 2009

)))))))))US crude rose 65 cents to $59.15 a barrel. It earlier touched a new six-month high of $59.49 a barrel. London Brent crude rose $0.37 to $57.85. )))))))))))PetroChina views current low oil ...


Oil News from around the web, Exxon Mobil and Hess have won new explorations rights ; National Energy Regulator of South Africa

Tuesday, May 5th, 2009

)))))The National Energy Regulator of South Africa (Nersa) has reduced tariffs by 10.38 percent for petroleum transportation through Transnet's pipelines for the 2009/10 financial year. According to NERSA, this translated into ...


Exxon Mobil Corporation Declares Second Quarter Dividend

Wednesday, April 29th, 2009

IRVING, Texas--(BUSINESS WIRE)--The Board of Directors of Exxon Mobil Corporation (NYSE:XOM) today declared a cash dividend of 42 cents per share on the Common Stock, payable on June 10, 2009 ...


Oil News from around the web, Oil steadied at less than $46 a barrel on Tuesday, CNOOC has no plan to buy oil companies abroad

Tuesday, April 21st, 2009

))))) Price of crude oil fell more than six per cent, to around $47 a barrel yesterday, due to a rising value of the United States dollar and “growing caution ...


Exxon Mobil Corporation Announces 2008 Reserves Replacement

Monday, February 16th, 2009

IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) announced today that additions to its proved reserves in 2008 totaled 1.5 billion oil-equivalent barrels, replacing 103 percent of production. Excluding the impact of ...


Can Exxon Mobil buy Royal Dutch Shell?

Wednesday, January 7th, 2009

Analysts think Exxon Mobil will buy Royal Dutch Shell Exxon Mobil is sitting on a massive pile of money. Thanks to record oil prices over the last few years and a cautious ...


Exxon Mobil Corporation Announces Estimated Third Quarter 2008 Results

Thursday, October 30th, 2008

Exxon Mobil Corporation (NYSE:XOM):                                                               Third Quarter         Nine Months                                                                    2008     2007   %   2008     2007      %  Net Income              $ Millions                                                14,830   9,410   58   37,400   28,950   29  $ Per Common Share              Assuming Dilution                                     2.86     1.70      68   7.11       ...


Human Rights Case Against Exxon Mobil Will Go to Trial

Thursday, August 28th, 2008

Cohen Milstein Announces Court Denies Summary Judgment: Human Rights Case Against Exxon Mobil Will Go to Trial WASHINGTON--(BUSINESS WIRE)--The United States District Court for the District of Columbia has denied Exxon ...


Exxon Mobil Corporation Declares Third Quarter Dividend

Wednesday, July 30th, 2008

IRVING, Texas--(BUSINESS WIRE)--The Board of Directors of Exxon Mobil Corporation (NYSE:XOM) today declared a cash dividend of 40 cents per share on the Common Stock, payable on September 10, 2008, ...