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Exxon-XTO Energy Deal, Dubai Bailout Boost Dow Jones
The Exxon-XTO Energy deal has boosted early performance of the Dow Jones Industrial Average during early trading. Exxon Mobile acquired XTO Energy in an all-stock $31 billion deal. "However, XTO--which is not a Dow component--jumped 16%, as the deal represents a 25%... EPA: Algae as Advanced Biofuel
EPA will count algae as an advanced biofuel in the renewable fuels standard, responding to the growing interest, encouraged by Exxon Mobil and Dow Chemical. Exxon announced its plans to invest $600 million... List of companies that had a 'record breaking year' in 2008
By Bobbi Miller-Moro Read this if you want to feel better about the economy, or the recession as a whole for that manner. As I was buying into the recession news on all the major news outlets, my husband reminds... Oil, Obama, And Pakistan
"America’s military policy is following its foreign policy which follows the smell of oil. Forget freedom and democracy. That’s for fools. Pakistanis are fooling themselves if they think President Obama will be able to change this. Let’s pray he does. The... Is the Exxon Valdez Spill Site Clean?
2009 will mark the 20th Anniversary of the Exxon Valdez oil spill in Alaska, which many scientists say is the most 'notorious human-caused environmental disaster in history'. From a recent survey at Prince William... We're hurting for gas
Mooresville, North Carolina:All over Iredell County and from what I have heard, all over the state, stations are hurting for gas. My roommate delivers parts for a living and sometimes he says he has to pass 20... 194 views | 65 recommendations | 13 comments
U.S. News: Peak profits and empty pockets at the pump
As gas climbs to $5 a gallon, the pain is evident everywhere. Buses are packed. GM is closing factories. The airlines are laying off pilots and flight attendants. Independent truckers are going bankrupt. Real...Not Just Consumers Struggling With Gas Prices
I had been wondering what happened to my local Exxon station, one of only two gas stations in Oakton, Virginia. I even Uttered about it. I noticed some time ago that it no longer displayed prices on the sign. ...Exxon $2.5 billion oil spill ruling overturned
"WASHINGTON (Reuters) - The U.S. Supreme Court on Wednesday overturned the record $2.5 billion in punitive damages that Exxon Mobil Corp had been ordered to pay for the 1989 Exxon Valdez oil spill off Alaska. The...Indonesia: Supreme Court Rules Against Exxon in Aceh Case (News + Analysis)
This is an interesting case in many ways. What responsibilities does a corporation have overseas if, due to local politics and wars, employees are harmed or cause harm for reasons that have nothing to do with the company?This article doesn't quite make it clear if the... ExxonMobil to sell 2,220 gas stations
Exxon Mobil Corp is planning to sell off its company-owned gas stations because they are not profitable enough at the current price of gas.Business must be bad for them to take this measure!" The nation's... Today, The Exxon Valdez, The McCain Switch, We all Embellish
On This Day " On this day in 1989 the Exxon Valdez runs aground off the coast of Alaska, spilling 11 million gallons of oil into the water. On to today's top stories: "2 McCain Moments, Rarely Mentioned" (Elisabeth Bumiller, New York Times) Moment One: In 2001,... Venezuela Vs Exxon Mobil: PDVSA wins unfreezing oil assets at London court (u...
Caracas, Venezuela, 18 March, 2008. Venezuelan Minister for Oil and President of PDVSA, Rafael Ramirez, has announced his country won an ordeal at a London court. Thus, it has managed to reverse a... Exxon Mobil still expects to manage Indonesia`s Natuna gas block
"On February 19, the Indonesian government asked Pertamina to replace Exxon as manager of the Natuna block after talks to retain Exxon's contract were halted without the issue having been resolved.Exxon Mobil...Chavez Threatens US Oil Cutoff
" CARACAS, Venezuela (AP) - President Hugo Chavez on Sunday threatened to cut off oil sales to the United States in an "economic war" if Exxon Mobil Corp. wins court judgments to seize billions...
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