• Business Wire

    Exxon Mobil Corporation (NYSE:XOM) today announced it entered into a non-monetary exchange agreement with LINN Energy, LLC (NASDAQ:LINE) to add 17,800 net acres in the Permian Basin to its U.S. oil and natural gas portfolio managed by subsidiary XTO Energy Inc. In the exchange, LINN Energy will receive interest in about 500 net acres

  • Business Wire

    The Alaska LNG Project has marked a major milestone with the recent submission of a formal request to the Federal Energy Regulatory Commission (FERC) to start the pre-file process for the major natural gas project. The FERC pre-file milestone sets the stage for the activity associated with the environmental review required for the siting, design,

  • Business Wire

    ExxonMobil affiliate Esso Norge AS announced today plans to install a new processing unit at the Slagen refinery to enable production of high quality vacuum gas oil, a higher-yield feedstock used to create finished products such as diesel. The new residual flash tower is an upgrading unit that will improve the facility’s overall crude distillation

  • Stocks on the American exchanges rose, with the benchmark gauges extending their record highs, as market participants weighed the latest testimony from Federal Reserve Vice Chair Janet Yellen. Market sentiment favours a continuation of record stimulus after Yellen said the Fed will continue to support the nation’s recovery. US stocks have been a prime benefactor

  • Technical Analysis » Exxon Drives Dow Higher
    November 5, 2013, 07:28 GMT

    Stocks got off to a positive start in November and continued to make headway on Monday. Historically the last two months of the year have been positive for stock prices and with the Fed likely to keep the pedal to the metal there is a good chance of strong performance. Economic data will likely continue

  • Stocks in the US surged higher on Thursday as a deluge of better than expected economic news helped buoy the broader indices.  Jobs data along with stronger than expected manufacturing were the catalyst for higher stock prices, despite a surprising earnings miss from oil giant Exxon Mobile. Yield on the 10-year bond also moved higher,

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