drilling

Exxon Mobil Reported Third Quarter Earnings

Exxon Mobil Reported Third Quarter Earnings

Exxon Mobil Corp. (NYSE: XOM) on Friday reported third-quarter earnings and revenue that beat analysts’ expectations on higher prices received for its oil and natural gas and improved performance in its drilling operations and fuel refining se..

BP to take $750 million hit after backing out from Angola

BP to take $750 million hit after backing out from Angola

According to Reuters, BP P.L.C. (NYSE: BP), a British multinational oil and gas company headquartered in London, England, and one of the seven major one of the world's seven oil and gas "supermajors will take on a $750 million charge for un..

Exxon Mobil Corp. to Expand Operations in Guyana

Exxon Mobil Corp. to Expand Operations in Guyana

Exxon Mobil Corp. (NYSE: XOM) announced Friday it will be investing $4.4 billion to develop part of the Liza oilfield off the coast of Guyana. According to a Reuters report, Exxon's decision shows that oil companies remain interested i..