US30231G1022 - Common Stock - After market: 109.6 -0.06 (-0.05%)
These stocks may be ideal for buy-and-hold investors.
A U.S. government auction of drilling rights in federal waters in the Gulf of Mexico attracted $264M in high bids, the most of any sale in the Gulf region in six years.
Exxon Mobil (XOM), Eni (E), Shell (SHEL) and other members of the North Caspian Operating Company are being sued by the Kazakhstan government for ~$5.1B in environmental fines.
Exxon Mobil Corp on Wednesday was high bidder on 69 blocks in the U.S. Gulf of Mexico's shallow waters, in a move to expand the potential territory it could claim to store carbon emissions. The largest U.S. oil producer was among the top bidders in a U.S. government auction of oil and gas drilling rights in the Gulf of Mexico that generated $263.8 million in high bids. Exxon was high bidder on blocks off the Texas coast adjacent to areas it previously acquired, the U.S. Bureau of Ocean Energy Management indicated.
N'DJAMENA, March 29 (Reuters) - Chad's parliament on Wednesday approved a bill to nationalise oil assets and rights acquired last year by Savannah Energy from ExxonMobil's affiliate, Esso Exploration and Production Chad. In December, ExxonMobil closed the sale of its operations in Chad and Cameroon to Africa-focussed oil and gas producer Savannah Energy in a $407 million deal, but the Chadian government challenged the agreement. Out of 175 lawmakers present, 172 backed the law to nationalise the assets - a move Savannah vowed last week to contest.
A trove of electronics messages along with court records reveal new details about a hacking campaign against environmental activists campaigning against Exxon Mobil (XOM).
Investors who crave stability and dividend income will love these stocks.
The Biden administration will auction oil and gas leases across more than 114,000 square miles (295,000 square kilometers) in the Gulf of Mexico on Wednesday in a sale mandated by last year's climate bill compromise. The online auction — expected to draw interest from major oil companies such as ExxonMobil and Chevron — is the first in more than a year and could further test the loyalty of environmentalists and young voters who backed President Joe Biden in 2020 but were frustrated by this month's approval of the huge Willow drilling project in northern Alaska. Developing the leases for sale in public waters in the Gulf of Mexico could produce more than 1 billion barrels of oil and more than 4 trillion cubic feet (113 billion cubic meters) of natural gas over 50 years, according to a government analysis.
Owning Vanguard High Dividend ETF will get you into high-yield stocks, but you may not benefit as much as you hope.
QatarEnergy said Wednesday it entered into a farm-in agreement with Exxon Mobil (XOM) to acquire stakes in two offshore oil and gas exploration blocks in Newfoundland & Labrador...
While there’s no such thing as 100% safe blue-chip stocks, these three are better than most when seeking to preserve capital.
The industrial action against the French government's pension reforms stretched into its 20th day on Monday, as at least six out of seven refineries in France were shut or functioning at reduced capacity and liquefied natural gas (LNG) terminals were blocked. Production has been shuttered at TotalEnergies' Gonfreville refinery and Exxon Mobil subsidiary Esso's Port Jerome-Gravenchon refinery due to the strikes, while two others are operating at reduced capacity and two more are offline for repairs. The action is part of a nationwide movement against pension system changes championed by President Emmanuel Macron that include increasing the retirement age by two years to 64.
Morgan Stanley thinks stocks could get more volatile as investors realize earnings guidance looks unrealistic due to the events over the last few weeks. Read more.
Volatile commodity prices have allowed World Fuel Services to enjoy increased revenues and margins, letting management install a dividend and share buybacks
Students at Princeton describe unease that Exxon employee had an office on campus, while dozens of universities have big oil links
No oil and gas sector investor likes when a big fill project stalls.
Aerospace Maintenance Chemicals Comprehensive Study by Type (Aircraft Cleaning Chemicals, Aircraft Deicing Fluids, Aircraft Paint Chemicals, Degreasers, Others), End Users (Airlines & Airports, Aftermarket MROs), Technology (Organic Chemicals, Inorganic Chemicals), Aircraft (Commercial Aircraft, Military, Helicopters, General Aviation, UAVs) Players and Region - Global Market Outlook to 2026
Chad has nationalized all assets and rights including hydrocarbon and exploration authorizations that belonged to Exxon Mobil (XOM), the government said Friday.
Chad is nationalizing all assets from multinational oil giant Exxon Mobil, including its hydrocarbon and exploration permits, said the government. The nationalization of a private company means that all assets are now owned by the government.
Dockers at France's two main oil ports voted to extend their strikes, raising the potential for the country's remaining operational refining capacity to shut down because of a lack of crude
Savannah Energy Plc said on Friday it planned to pursue all its legal rights to contest Chad's move a day earlier to nationalise its upstream assets in the African country. In December, Exxon Mobil closed the sale of its operations in Chad and Cameroon to Africa-focussed oil and gas producer Savannah in a $407 million deal, but the Chadian government challenged the agreement. London-listed Savannah owns a 40% interest in the Doba Oil Project in Chad, comprising seven producing oilfields with combined output of 28,000 barrels per day (bpd).
BP stock soared last month after it shook up its carbon reduction strategy.
The youngest of these stocks that are poised for growth in 2023 was founded in 1993. In other words, they are all established names.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips The tech industry continues to hand out pink slips to employees as the threat o...
Danish pension fund AkademikerPension will not vote in favour of Nordea's chair at the bank's annual general meeting on Thursday, in protest at what the fund described as the bank's "deficient" climate plan. "AkademikerPension believes the wise and responsible thing to do for banks and investors who pride themselves on being in the sustainability forefront is to cut off all financing for companies that expand fossil production," the fund said in a statement. The Nordic region's biggest lender Nordea has said its objective is to become a bank with net zero emissions by 2050 at the latest and it is committed to not providing project financing dedicated to expanding and exploration of new oil and gas fields.
One of Australia’s largest domestic gas producers says Bass Strait gas can no longer come to the rescue to cover plant outages, confirming risks of winter shortages.
Following a pullback in energy stocks, Goldman Sachs names its favorites — and reveals whether it prefers Exxon or Chevron.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips After many years of being cast aside, oil stocks came roaring back in a world r...
Oil stocks have sold off to start 2023. That creates an opportunity to buy these firms at tremendous discounts.