Exxon Mobil Reports $8.38 Billion Profit, But Misses Wall Street ForecastsExxon Mobil on Friday reported fourth-quarter profit of $8.38 billion. The Irving company said that it had profit of $1.97 per share. The results missed Wall Street expectations.
Exxon Mobil Announces Plan To Open 8 Gas Stations In MexicoExxon Mobil said that it plans to open at least eight gas stations in Mexico in 2018, with hopes of having as many as 50 stations operating by the end of the first quarter.
Exxon Settles Pollution Case With Feds By Upgrading 8 PlantsExxon Mobil is settling air pollution cases with the Trump administration by promising to spend about $300 million on pollution-control technology at several plants along the Gulf Coast.
South Texas Residents Cough, Rub Eyes In Harvey Pollution SpikePetrochemical corridor residents say air that is bad enough on normal days got worse as Harvey crashed into the nation's fourth-largest city and then yielded the highest ozone pollution so far this year anywhere in Texas.
Exxon Mobil's Profit Doubles, But Misses Q2 ExpectationsExxon Mobil's second-quarter profit doubled from a year ago with crude prices up over the past 12 months, pumping up profits in its oil production business. But it still missed Wall Street analyst expectations.
Exxon Fined $2M For Tillerson-Era Breach Of Russia SanctionsExxon Mobil Corp. must pay a $2 million fine for showing "reckless disregard" for U.S. sanctions on Russia while Secretary of State Rex Tillerson was the oil giant's CEO.
Exxon Mobil Investors Vote For Climate Change ReportExxon Mobil shareholders on Wednesday pushed the company to report and disclose whether regulations designed to reduce climate change will hurt the oil giant's business.
Exxon Mobil's Q1 Profit More Than DoublesExxon Mobil more than doubled its profit in the first quarter as rising crude prices magnified the cost cuts made by the company as energy prices tumbled. The company earned $4.01 billion for the three-month period.
Exxon Fined $20 Million For Emissions From Texas PlantA judge has ordered Exxon Mobil to pay a penalty of nearly $20 million for releasing 10 million pounds of pollutants into the air over the course of eight years from a complex it operates east of Houston.
Exxon Seeks OK To Resume Russian Oil VentureExxon Mobil is seeking permission from the U.S. government to resume drilling around the Black Sea with a Russian partner, according to a person familiar with the matter.
Exxon Mobil Plans $10 Billion Plant Near Texas CoastExxon Mobil and a Saudi partner will build a nearly $10 billion petrochemical plant just north of Corpus Christi as part of a venture receiving nearly $2 billion in tax breaks from state and local governments.
New Exxon Chief Enters The Market, CautiouslyDarren Woods, the new CEO of Exxon Mobil, is a veteran of the refining side of the oil business who is likely to focus on controlling costs. Woods may take a more hesitant approach to deal-making than his predecessor.