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News: Exxon Mobil Corp (XOM)

XOM on New York Consolidated

87.94USD
4 May 2016
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Exxon Baytown cuts back gasoline production: sources

HOUSTON Exxon Mobil Corp has cut back gasoline production at its 560,500 barrel-per-day Baytown, Texas, refinery because of equipment problems, sources familiar with plant operations said on Wednesday.

Exxon's Baytown refinery prepares restart of second largest CDU: sources

HOUSTON Exxon Mobil Corp was preparing on Tuesday to return to production the second-largest crude distillation unit at the 560,500 barrel per day (bpd) Baytown, Texas, refinery later this week, said sources familiar with plant operations.

Norway wealth fund turns up climate heat on Exxon and Chevron

OSLO Norway's $872-billion sovereign wealth fund, the world's largest, said it would press U.S. oil majors ExxonMobil and Chevron to do more to report on the risks of climate change.

Norway's wealth fund backs shareholder proposals at Exxon, Chevron

OSLO, May 3 Norway's $872 billion sovereign wealth fund gave its backing on Tuesday to three shareholder proposals aimed to change corporate governance and climate policies at U.S. oil major Exxon Mobil.

Refining's silver lining loses luster at Exxon and Chevron

HOUSTON Exxon Mobil Corp and Chevron Corpon Friday reported their most dismal quarterly results in more than a decade on low oil prices and an oversupplied fuel market that hurt what had been lucrative refining margins.

RPT-WRAPUP 1-Refining's silver lining loses luster at Exxon and Chevron

HOUSTON, April 29 Exxon Mobil Corp and Chevron Corp posted sharp drops in quarterly results on Friday as an oversupplied fuel market shrank profits from their refining units, which until now had provided healthy margins that helped insulate them from a 60 percent slide in oil prices since mid-2014.

Exxon Mobil profit beats expectations on big cost cuts

HOUSTON Exxon Mobil Corp, the world's largest publicly traded oil producer, reported a higher-than-expected first-quarter profit on Friday as it slashed costs to offset plunging crude prices and weak refining margins.

BRIEF-Exxon Mobil reports Q1 earnings per share $0.43

* Quarterly oil equivalent production increased 1.8 percent from Q1 of 2015

Exxon ups dividend 3 percent day after ratings downgrade

HOUSTON Exxon Mobil Corp raised its quarterly dividend by 3 percent on Wednesday, a day after Standard & Poor's downgraded the U.S. oil and gas company citing its generous payouts to shareholders.

UPDATE 2-Exxon ups dividend 3 percent day after ratings downgrade

HOUSTON, April 27 Exxon Mobil Corp raised its quarterly dividend by 3 percent on Wednesday, a day after Standard & Poor's downgraded the U.S. oil and gas company citing its generous payouts to shareholders.

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