Exxon
S&P 500 Futures Pare Drop as Harvey’s Impact on Industries Eyed
published Aug 27, 2017 6:00:59 PM, by Oliver Renick and Lu Wang (Bloomberg) — Futures on American equity indexes were little changed, paring earlier losses, as investors waited to gauge consequences for stocks and industries from the strongest storm to hit the U.S. since 2004. September contracts on the S&P
Alaska Oil Find Biggest Onshore Oil Discovery in Decades! : A Well Thought Out Scream by James Riordan
An oil reserve of a potential 1.2 billon barrels has been discovered in Alaska’s North Slope in what the companies involved believe is the largest US onshore oil discovery in nearly three decades. Spanish oil company Repsol (REPYY) and Armstrong Energy announced the find On Thursday, saying their discovery is
Exxon Said to Slow Louisiana Refinery as People Escape Flood
published Aug 17th 2016, 6:14 pm, by Barbara Powell and Brian K. Sullivan (Bloomberg) — Exxon Mobil Corp. curbed operations at the fourth-largest U.S. refinery as record flooding in Louisiana shut roadways, sent tens of thousands fleeing from their homes and threatened the state’s oil infrastructure. The Baton Rouge refinery
Oil Companies Curtail Spending on Everything–Except Dividends
©2015 Bloomberg News NWYBGZ6KLVRL (Bloomberg) — Oil executives are standing by promises to protect dividend payouts from the collapse in crude prices even as they fire workers, cancel drilling projects and sell everything from oil fields to aircraft to conserve cash. Exxon Mobil Corp., the world’s biggest oil explorer, declared
Bloomberg Business: U.S. Refinery Strikes Drag On Even With National Accord Reached
Copyright 2015 Bloomberg. NL4F8F6K50XW (Bloomberg) — United Steelworkers members on strike at some oil refineries across the U.S. will remain off the job until they receive offers that match up with a national deal reached Thursday, a union representative said. USW members at Tesoro Corp.’s Carson oil refinery in California have
Bloomberg Business: Oil Giants in Europe Use Trading Prowess to Profit From Slump
Copyright 2015 Bloomberg. NL24QW6JIJUU (Bloomberg) — Europe’s largest oil companies are gaining support from an unlikely source as they confront the industry’s worst slump since the financial crisis: lower oil prices. Although better known for their oil fields, refineries, and petrol stations, BP Plc, Royal Dutch Shell Plc and Total
Bloomberg Business: Obama Limits on Arctic Drilling Opens New Fault Line in Congress
Copyright 2015 Bloomberg. NIRF066JIJUR (Bloomberg) — President Barack Obama’s call to restrict oil exploration on 12 million acres of the Arctic National Wildlife Refuge probably won’t have much practical impact for an area already off-limits to drillers, though it’s created a new fault line with the Republican-led Congress. The White
