exxon mobil

Indian Oil, Reliance lead Indian 8 in Fortune 500


July 10th, 2012 - 11:24 am ICT by IANS
Washington, July 10 (IANS) Eight Indian companies have made it to Fortune magazine's 2012 list of world's 500 largest companies with public sector Indian Oil and Mukesh Ambani-led Reliance ... Read more...

Posted in Business |

Exxon Mobil’s earnings fall


April 27th, 2012 - 2:07 pm ICT by IANS
Washington, April 27 (IANS) US oil giant Exxon Mobil said Thursday its earnings fell 11 percent in the first quarter of the year, due to lower oil-and-gas production and higher ... Read more...

Posted in Business |

Venezuela to pay nationalized US firms $420 mn


March 26th, 2012 - 12:02 pm ICT by IANS
Caracas, March 26 (IANS/EFE) State energy giant Petroleos de Venezuela SA (PDVSA) will pay US natural gas companies Williams Cos Inc. and Exterran Holdings Inc. a total of $420 million ... Read more...

Posted in Business |

Dozens feared missing after landslide in Papua New Guinea


January 24th, 2012 - 6:49 pm ICT by BNO News
PORT MORESBY (BNO NEWS) -- As many as 40 people are believed to be missing after a large landslide devastated two villages in Papua New Guinea's Southern Highlands region on Tuesday morning, ... Read more...

Posted in World News |

Abu Dhabi to host energy summit


January 7th, 2012 - 12:45 am ICT by IANS
Abu Dhabi, Jan 6 (IANS/WAM) Participants from nearly 140 countries will attend the 5th edition of the World Future Energy Summit here from Jan 16-19, organisers said.Agenda of the summit ... Read more...

Posted in Business |

Despite record profits, Apple disappoints Wall Street


October 19th, 2011 - 11:43 am ICT by IANS
Washington, Oct 19 (IANS) Despite setting new sales and profit records over the last three months and blowing past the $100 billion mark Apple's revenue and earnings on the last ... Read more...

Posted in Uncategorized |

ExxonMobil and Rosneft sign deal for joint development of Arctic and Black Sea resources


August 31st, 2011 - 3:37 am ICT by BNO News
SOCHI, RUSSIA (BNO NEWS) -- U.S. energy giant Exxon Mobil and the Russian state-controlled oil company Rosneft have signed a deal for joint exploration and development of Arctic and Black sea hydrocarbon ... Read more...

Posted in Business |

Top 20 cash-rich American companies (To go with: US wallows in debt but its firms hoard $2 trillion in cash)


August 8th, 2011 - 11:40 am ICT by IANS
Washington, Aug 8 (IANS) Here is the Standard and Poor's list of top 20 US companies sitting on $1.4 trillion in cash, even as the debt-ridden world's largest economy had ... Read more...

Posted in Business |

US wallows in debt but its firms hoard $2 trillion in cash


August 8th, 2011 - 11:29 am ICT by IANS
Washington, Aug 8 (IANS) Corporate America led by Citibank, headed by Indian American chief executive Vikram Pandit, is sitting on a colossal $2 trillion in cash. Of this, $1.4 ... Read more...

Posted in World |

Apple has more cash than US government today


July 29th, 2011 - 2:46 pm ICT by IANS
New York, July 29 (IANS) As of today, Apple boss Steve Jobs is richer than Uncle Sam.While the world's most powerful government has just $73.76 billion in its reserves, the ... Read more...

Posted in Uncategorized |

Mallya to hunt for an Indian Formula 1 driver


April 12th, 2011 - 10:47 pm ICT by IANS
Bangalore, April 12 (IANS) Business tycoon Vijay Mallya is on a hunt for an Indian driver to compete in the Formula 1 (F1) motor sport racing world championship through his ... Read more...

Posted in Sports |

Wall Street plunges amid concerns over Libya crisis


February 24th, 2011 - 5:29 am ICT by IANS
New York, Feb 24 (IANS) US stocks dropped for a second straight day Wednesday as investors were concerned about Libya turmoil and the growing Middle East unrest, Xinhua reported. Investors' concerns over ... Read more...

Posted in Business |

Alaska Pipeline Leak Puts Focus On BP


January 11th, 2011 - 9:16 pm ICT by GD
By Ranjan Bhaduri Alaska, Jan 11, (THAINDIAN NEWS) The pipeline leak in Alaska has resulted in anxiety that oil prices may soar further upwards and BP shares may end up bearing the brunt. ... Read more...

Posted in Business |

India interested in Exxon Mobil’s Angola block


November 1st, 2010 - 9:48 pm ICT by IANS
New Delhi, Nov 1 (IANS) Oil and Natural Gas Corporation (ONGC) is considering a proposal to buy the stake of Exxon Mobil in an Angolan oil block, a senior official said Monday."The ... Read more...

Posted in Business |

Abducted Indian principal regains freedom in Nigeria


October 30th, 2010 - 5:43 pm ICT by ANI
Lagos (Nigeria, Africa), Oct. 30 (ANI): The Indian-born principal of the Exxon Mobil Pegasus Schools in Eket in southeast Nigeria's Akwa Ibom, Lakshmi Tombush, has been released.Unidentified gunmen abducted Tombush on October ... Read more...

Posted in World |

Kidnapped Indian woman released in Nigeria


October 30th, 2010 - 2:44 am ICT by IANS
Abuja, Oct 30 (IANS) An Indian principal of a school run by an oil company, who was kidnapped in Nigeria Oct 13, has been released, Xinhua reported.Lakshmi Tombush, a principal of Exxon ... Read more...

Posted in World |

Pranksters target Chevron ad campaign


October 20th, 2010 - 11:27 pm ICT by Aishwarya Bhatt
New York, Oct 20 (THAINDIAN NEWS) Chevron’s “We Agree” campaign got a whole new meaning when the Yes Men and the Rainforest Action Network sent a hoax press release to various media ... Read more...

Posted in Business |

Global cost of Alzheimer’s: 1pc of global GDP - and growing: Report


September 21st, 2010 - 4:52 pm ICT by ANI
Washington, Sept 21 (ANI): A report on the Global Economic Impact of Dementia revealed that Alzheimer's disease and other dementias are taking a massive toll on the global economy, and the problem ... Read more...

Posted in Health Science |

Three Chinese firms in top 10 of Fortune 500


July 9th, 2010 - 1:26 pm ICT by IANS
Beijing, July 9 (IANS) Fifty-four Chinese firms are on the Fortune Global 500 companies list by revenue, with three in the top 10, a media report said Friday. Three Chinese companies -- Sinopec, ... Read more...

Posted in Business |

Exxon Mobil buys XTO Energy in a $31 billion stock deal


December 14th, 2009 - 11:35 pm ICT by Aishwarya Bhatt
Irving, Dec 14 (THAINDIAN NEWS) In a huge business deal, Exxon Mobil has agreed to buy XTO Energy in a whopping $31 billion stock deal. XTO Energy Incorporation is a large supplier ... Read more...

Posted in Business |

US stocks continue rise amidst worldwide rally


October 7th, 2009 - 8:30 am ICT by IANS
New York, Oct 7 (DPA) US stocks continued to rally Tuesday, buoyed by anticipation that third-quarter earnings starting later this week will exceed estimates even as the dollar continued to fall. The ... Read more...

Posted in Business |

US stocks climb on oil, gold hikes


September 9th, 2009 - 5:20 am ICT by IANS
New York, Sep 9 (DPA) Major Wall Street indices gained Tuesday as price increases for oil and metals including gold fuelled a rally in commodity and energy shares. The dollar hit a 2009 ... Read more...

Posted in Business |

India looks for gas in distant Papua New Guinea


July 30th, 2009 - 3:59 pm ICT by IANS
Indo-Asian News Service New Delhi, July 29 (IANS) Papua New Guinea, a sprawling Pacific Ocean nation of just six million people speaking 850 languages, is inviting India to develop its hydrocarbon resources after ... Read more...

Posted in Business |

US stocks complete week-long rally


July 25th, 2009 - 6:31 am ICT by IANS
New York, July 25 (DPA) Most US stocks rose Friday, completing one of Wall Street's best two-week stretches of the year on the back of gains by energy companies and hopes for ... Read more...

Posted in Business |

Synthetic Genomics In Partnership With Exxon Mobil To Make Fuel From Algae


July 14th, 2009 - 8:02 pm ICT by GD
Synthetic Genomics, a private company founded by Craig Venter, who is a pioneer in the field of genomics, will be partnering with Exxon Mobil to develop fuel from algae. In 2005 Synthetic ... Read more...

Posted in Business |

US stocks gain on energy shares


June 30th, 2009 - 6:14 am ICT by IANS
New York, June 30 (DPA) US stocks posted gains Monday, led by energy companies and some optimism ahead of a big week of economic figures in the US. The price of crude oil ... Read more...

Posted in Business |

US stocks climb on bank forecasts, oil price rise


June 5th, 2009 - 7:28 am ICT by IANS
New York, June 5 (DPA) A rise in oil prices helped drive US stocks higher Wednesday together with improved forecasts for some of the country's top banks. Crude oil jumped 4.1 percent to ... Read more...

Posted in Business |

US stocks mixed: Energy shares up, financials down


May 13th, 2009 - 6:18 am ICT by IANS
New York, May 13 (DPA) US stocks were mixed Tuesday, led higher by energy and pharmaceutical shares but weighed down by the financial and carmaking sectors. Crude oil hit $60 per barrel for ... Read more...

Posted in Business |

US stocks mixed after Chrysler bankruptcy


May 1st, 2009 - 7:00 am ICT by IANS
New York, May 1 (DPA) Two US stock indices retreated but a third was up after the White House announced Thursday that Chrysler, the country's third-largest car maker, was seeking protection from ... Read more...

Posted in Business |

U.S. Department of State and Fortune’s Most Powerful Women Host Fourth Global Women’s Mentoring Partnership Program


April 28th, 2009 - 2:34 am ICT by admin
The U.S. Department of State’s Bureau of Educational and Cultural Affairs has joined Fortune's Most Powerful Women and Vital Voices Global Partnership to launch the fourth Fortune/U.S. State Department Global Women’s Mentoring ... Read more...

Posted in World News |

Pandit’s Citi, Sanjay Jha’s Motorola among top losers


April 21st, 2009 - 10:02 am ICT by IANS
By Arun Kumar Washington, April 21 (IANS) Citigroup led by Indian-American chief executive Vikram Pandit and Motorola, headed by Sanjay Jha also of Indian origin, figure in the Fortune 500 list of firms ... Read more...

Posted in Business |

Exxon Mobil Corp tops Fortune 500 list


April 20th, 2009 - 4:30 pm ICT by Amrit Rashmisrisethi
The 2009 Fortune 500 list includes Exxon Mobil Corp ranked above Wal-Mart Stores Inc., shrugging off the oil price bubble and the magazine called the worst year ever for the country's largest ... Read more...

Posted in Business |

Financial stocks up in mixed day on Wall Street


April 14th, 2009 - 8:07 am ICT by IANS
New York, April 14 (DPA) A banking rally has helped US stocks make limited gains after mixed trading which began with poor earnings forecasts from planemaker Boeing Co and energy giant Chevron ... Read more...

Posted in Business |

US stocks tumble amid economic worries


December 19th, 2008 - 7:08 am ICT by IANS
New York, Dec 18 (Xinhua) Wall Street ended lower Thursday as investors weighed a series of mixed economic news.Energy, material sectors lost most as the oil prices plunged to a four-and-half-year low ... Read more...

Posted in Uncategorized |

Somali pirates have collected 150 million dollars over past year


November 22nd, 2008 - 4:46 pm ICT by ANI
Nairobi, Nov.22 (ANI): Kenyas Foreign Minister Moses Wetangula has clamed that Somali pirates have collected over 150 million dollars in ransoms over the past year, and appealed to ship owners not ... Read more...

Posted in National |

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