Exxon Mobil Corporation

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Exxon PNG gas project clears final hurdles

AFP Global Edition 2 days ago

US-based energy giant Exxon Mobil said Saturday it had finalised financing and sales agreements for its 15 billion US dollar gas project in Papua New Guinea and was ready to begin construction. "Sales and purchase agreements with buyers and financing arrangements with ...

Exxon boosts 2010 capital spending to $28 billion

Reuters US Online Report Business News 3 days ago

NEW YORK (Reuters) - Exxon Mobil Corp <XOM.N> will increase capital spending nearly 4 percent this year to $28 billion in part as the largest U.S. oil company seeks to increase its share of the global market for natural gas. Exxon, with ...

Exxon Mobil forecasts $28B spending in 2010

AP News 3 days ago

Exxon Mobil expects to spend $28B in 2010 as rivals pull back amid soft demand Exxon Mobil said Thursday it will boost spending this year on new and existing projects even as some rivals pull back because of weak global demand for ...

ExxonMobil to buy XTO for $41 billion

AFP Global Edition 19 days ago

<div><p>ExxonMobil has agreed to acquire rival oil exploration firm XTO Energy, in an all-stock transaction valued at 41 billion dollars, the companies said Monday.</p><p>The biggest US oil group said the deal would "enhance ExxonMobil's position in the development of unconventional natural gas ...

ExxonMobil to buy XTO Energy for $41 bln

AFP Global Edition 19 days ago

<div><p>ExxonMobil has agreed to acquire rival oil exploration firm XTO Energy, in an all-stock transaction valued at 41 billion dollars, the companies said Monday.</p><p>The biggest US oil group said the deal would "enhance ExxonMobil's position in the development of unconventional natural gas ...

ExxonMobil bets on gas with $41 bln XTO deal

AFP Global Edition 19 days ago

<div><p>ExxonMobil announced plans Monday to acquire rival exploration firm XTO Energy for 41 billion dollars, a deal giving the largest US energy producer a bigger share of domestic natural gas reserves.</p><p>The biggest US oil group said the all-stock takeover deal would "enhance ...

ExxonMobil to buy XTO for 41 billion dollars

AFP Global Edition 19 days ago

<div><p>ExxonMobil has agreed to acquire rival oil exploration firm XTO Energy, in an all-stock transaction valued at 41 billion dollars, the companies said Monday.</p><p>The biggest US oil group said the deal would "enhance ExxonMobil's position in the development of unconventional natural gas ...

Will oil majors draft Exxon into gas market?

AP News 19 days ago

<div id="subtitle">Oil majors often try to emulate Exxon Mobil, but may be too late to get into US natural gas</div><div><p>Shares of natural gas producers jumped Monday as Exxon Mobil Inc.'s $29 billion acquisition of XTO Energy Inc. set off a flurry of ...

Exxon Mobil, Citigroup, Oracle are big movers

AP Features 19 days ago

<div><p>The following stocks were among those that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:</p><p>NYSE:</p><p>Exxon Mobil, down $3.14 at $69.69</p><p>Exxon Mobil will ...

ExxonMobil bets on gas with XTO deal for 41 billion dollars

AFP Global Edition 19 days ago

<div><p>ExxonMobil announced plans Monday to acquire rival exploration firm XTO Energy for 41 billion dollars, a deal giving the largest US energy producer a bigger share of domestic natural gas reserves.</p><p>The biggest US oil group said the all-stock takeover deal would "enhance ...

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