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Byline: Sara Sneath in New Orleans For $5m, Louisiana's flagship university will let an oil company weigh in on faculty research activities. Or, for $100,000, a corporation can participate in [...]

Byline: John Cox Jul. 15The half-billion-dollar effort to turn part of the former oil refinery along Rosedale Highway into California's largest renewable diesel plant has scored a financing deal to [...]

ExxonMobil detailed plans at its annual Investor Day to deliver industry-leading earnings, cash flow growth and shareholder returns, and lead in the energy transition across a range of lower-emissions scenarios. [...]

ExxonMobil said today it has finalized corporate plans, which increase spending to $15 billion on greenhouse gas emission-reduction projects over the next six years while maintaining disciplined capital investments in [...]

PAO Sovcomflot (SCF Group) has signed a new USD 110 million credit facility, for ten years, with three leading international banks: ING BANK N.V.; SMBC BANK EU AG and UNICREDIT [...]

ENERGY Exxon Mobil Cuts BillionsIn Capital Spending Exxon Mobil announced on Monday that it would significantly cut spending on exploration and production over the next four years and would write [...]

Byline: Adam Taylor Among the names being floated as President-elect Donald Trump's pick for secretary of state, Rex Tillerson stands out. If he is offered the job and confirmed, Tillerson [...]

Byline: Nathan Bomey, @NathanBomey, USA TODAY Exxon Mobil lost its pristine credit rating from Standard & Poor's in a development that underscores the reverberating implications of the oil market's precipitous [...]

InterOil Corporation today announced that it has entered into a new US$470 million senior secured credit facility. Once the conditions precedent are satisfied, the new facility will refinance and replace [...]

Byline: JEFFREY JONES STREETWISE / OIL AND GAS CALGARY -- Kelt Exploration Ltd. doesn't seem to be aware there is a big slowdown in oil-patch equity financing. Kelt, a junior [...]

Byline: Christopher Swann; Reuters REUTERS BREAKINGVIEWS Exxon Mobil Corp.'s decision to cut its buybacks deserves two cheers at best. The oil giant is slashing its favourite method of returning cash [...]

Axiom Miningentered into a strategic partnership with Anitua Ltd., which is giving A$5 million in financing to advance development of Isabel Nickel Project in Solomon Islands. The firm has been [...]

At its annual meeting in New York, Exxon Mobil Corp. said that production this year will rise between 3% and 4% from 3.93 billion of oil equivalent a day. Annual production through 2013 will grow between 2% and 3%. Capital expenditures in 2010 will increase 3% to about $28 billion from $27.1 billion in 2009. Exxon expects its $41-billion acquisition of natural gas company XTO Energy Inc. to close in the second quarter.

oil & gas ExxonMobil and its joint venture partners in a $15bn liquefied natural gas project in Papua New Guinea have secured $14bn in project financing, and construction is due [...]

Byline: NATHAN VANDERKLIPPE ENERGY If Ottawa does not offer loan guarantees for the construction of the Mackenzie pipeline, it risks watching the $16.2-billion project stall and the rival Alaska natural [...]

Exxon Mobil Corp. announced it will increase its exploration and production spending 11% to $29 billion in 2009. The company will only spend $7 billion to buy back shares in the present quarter, down from $8 billion in each of the past three quarters. Exxon's production is expected to grow between 2% and 3% annually in the next five years because of dwindling gas and oil fields.

Healthcare News analysis The care home operator can now focus on its core operations, writes John O'Doherty When Jamie Buchan took over as chief executive of Southern Cross Healthcare in [...]

Exxon Mobil Corp. reports a 33% fourth-quarter net profit drop to $7.82 billion, and a drop in liquidity to $5.3 billion from $31.4 billion. Exxon will reduce capital expenditures for the first quarter of 2009 to $7 billion from $8 billion a year earlier. In related news, Chevron Corp. reports a 0.4% fourth-quarter profit increase to $4.9 billion. The company plans to cut costs by suspending its share buyback program.

Exxon Mobil Corp. reports a record third-quarter net profit jump to $14.83 billion, and a 35% revenue increase to $137.74 billion. Exxon's daily production dropped 8.3% to 3.6 million barrels of oil equivalent. Royal Dutch Shell PLC reports a 22% third-quarter net profit rise to $8.45 billion. Shell's daily production fell by 6.6% to 2.93 million barrels of oil equivalent. Article discusses Exxon and Shell's share value, planned capital-expenditure cuts, and revenue prospects for the rest of 2008.

Boosted by skyrocketing oil prices, Exxon Mobil Corp. reports a 14% second-quarter net profit increase to $11.68 billion while revenue rose 40% to $138.07 billion. On Thursday, Exxon's shares dropped 4.7% to $80.43 on the New York Stock Exchange. The company's petroleum and natural gas production dropped by 7.8%. Exxon raised capital expenditures in its second quarter to $6.97 billion from $5.04 a year earlier.

The U.S. Supreme Court has reduced the punitive damages against Exxon Mobil Corp. for the 1989 Exxon Valdez oil spill by $2 billion, leaving the plaintiffs with only 20% of the original damages approved by a federal court of appeals. Article discusses how the Court's decision affects the way punitive damages are calculated.

Citing a breach in production-sharing contracts, the government of Nigeria is demanding $1.91 billion in dues from oil companies Royal Dutch Shell PLC and Exxon Mobil Corp. Article discusses Royal Dutch and Exxon's ongoing negotiations with authorities, production setbacks, and project financing problems in Nigeria.

Rafael Ramirez, Venezuela's energy minister, yesterday rejected concerns that PDVSA, the state oil company, would be affected by attempts by ExxonMobil to freeze assets worth Dollars 12bn. Exxon won court [...]

Byline: BRIAN ELLSWORTH; Reuters News Agency CARACAS -- Venezuela accused Exxon Mobil Corp. of legal 'terrorism' yesterday after the giant U.S. oil company won court orders freezing $12-billion (U.S.) of [...]