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Exxon Mobil reported the fattest operating profit in U.S. corporate history Thursday but took a beating anyway - from politicians railing against Big Oil, drivers bleeding cash at the pump and investors who expected more. ...more
August 1, 2008
HOUSTON - Exxon Mobil reported second-quarter earnings of $11.68 billion Thursday, the biggest quarterly profit ever by any U.S. corporation, but the results fell well short of Wall Street expectations and shares fell in premarket trading. ...more
July 31, 2008
As giant oil companies like Exxon Mobil and ConocoPhillips get set to report what will probably be another round of eye-popping quarterly profit, just where is all that money going? ...more
July 23, 2008
Iraq opened international bidding for eight enormous oil and gas fields, paving the way for major investments in a nation with one of the world's largest petroleum reserves. ...more
July 1, 2008
WASHINGTON (AP) -- The Supreme Court has struck down a Louisiana law that allows the execution of people convicted of a raping a child. In a 5-4 vote, the court says the law allowing the death penalty to be imposed in cases of child rape violates the Constitution's ban on cruel and unusual punishment. ...more
June 25, 2008
Iraq is close to signing oil service deals with several major Western oil companies in an effort to boost its output capacity, the country's oil ministry said Thursday - the first major Iraqi contracts with big Western companies since the 2003 U.S.-led invasion. ...more
June 20, 2008
The proxy voting forms that many investors toss aside could one day become prized armaments in battles over how companies are run. ...more
June 8, 2008
The Supreme Court tossed itself off a big case Monday. The court couldn't take up an apartheid dispute involving some of the nation's largest companies because too many of the justices had investments or other ties with those corporate giants. ...more
May 13, 2008
Don't expect motorists to sympathize, but Exxon Mobil Corp. says gasoline prices didn't do it any favors in the first quarter. ...more
May 2, 2008
For many in this coastal town, the 1989 Exxon Valdez disaster was an event so crushing that hard-bitten fishermen still get teary-eyed recalling ruined livelihoods, broken marriages and suicides. ...more
February 26, 2008
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