Tag: Exxon

By Chevron Corp. (www.chevron.com) [Public domain], via Wikimedia Commons

Investments To Fuel Growth For Chevron

Chevron Corporation (NYSE:CVX) is the fourth largest of the six super major oil companies, trailing Exxon Mobil Corporation (NYSE:XOM), Royal Dutch Shell plc (NYSE:RDS.A), (NYSE:RDS.B) and BP plc (NYSE:BP) (LON:BP). It is headquartered in San Ramon, California. Chevron’s main business lines are fuels, […]

Despite Deepwater Horizon, British Petroleum Forges Ahead

Despite Deepwater Horizon, British Petroleum Forges Ahead

In a 125-page ruling issued recently, a federal district judge has approved BP plc (NYSE:BP) (LON:BP)’s $7.5 billion settlement with businesses and individuals over the Deepwater Horizon disaster and oil spill. The approval has effectively closed the book on the […]

Petronas & Progress Deal Is Different Than CNOOC & Nexen

Petronas & Progress Deal Is Different Than CNOOC & Nexen

Late Friday evening, the Minister of Industry, Christian Paradis, rejected the proposed transaction between PETRONAS and Progress Energy, Inc. (NYSE:PGN). No details were provided on the reason why the deal was blocked, or what would be required to satisfy the “Net Benefit” […]

Rosneft & Exxon to Drill In Old Nuclear Dump for Oil

Rosneft & Exxon to Drill In Old Nuclear Dump for Oil

It has been well documented that oil majors from around the world are looking at oil exploration in the Arctic, where they believe that some of the largest untapped fields in the world still lie. Environmentalists have been fighting efforts […]

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Shell and Exxon: Natural Gas is the Future

Prices of natural gas continue to plunge a midst the declining demand and abundant supply. But despite that, Royal Dutch Shell plc  (NYSE:RDS.A) and Exxon Mobil Corporation (NYSE: XOM) remain steadfast in their projections that oil demand will gradually shift to gas in the […]