Exxon Mobil to Take Charge
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Exxon Mobil Corp. , the world's largest publicly traded oil company, said on Friday it would take a charge of &#36;550 million in the third quarter to cover claims from gas station owners who sued the company for fuel overcharges.
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Exxon Mobil (NYSE:XOM) Corp. on Friday posted the largest annual profit by a U.S. company -- $40.6 billion -- as the world's largest publicly traded oil company benefited from historic crude prices at year's end.
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The Emirate of Dubai will take over  control of its offshore oilfields from a unit of ConocoPhillips   next year, the two said on Sunday, the latest  government to strengthen its grip on its mineral wealth.
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(Corrects paragraph 2 to show Exxon Mobil is largest publicly traded U.S. oil company, not worldâs largest)
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Exxon Mobil Corp. said Monday that executive vice president and board member Harry J. Longwell, 63, plans to retire at the end of the year after serving nine years as a director and 41 years with the company.
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Exxon Mobil Corp. XOM.N, the world's  largest publicly traded oil company, on Thursday reported a 56  percent rise in quarterly profit, driven by soaring oil and gas  prices.
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The U.S. Supreme Court said on  Tuesday that it would hear Exxon Mobil Corp.'s XOM.N appeal  in a case involving an estimated $1.3 billion the giant oil  company may have to pay for overcharging some 10,000 service  station dealers.
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Oil giant Exxon Mobil reports $40.6bn net profits in 2007, a record for a US company.
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New York State's attorney general said  on Thursday that he planned to sue Exxon Mobil Corp.   and other oil companies over an oil spill in New York City.
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Exxon Mobil Corp.'s chief executive, making a Boston appearance yesterday, said the best hope for lowering gasoline prices is for federal officials to allow more oil exploration off US coasts and under federal lands and national parks.
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British oil giant BP is to create a new position of chief operating officer with however is appointed then in line to take over as chief executive in 2008, press reported.
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Exxon Mobil Corp.  plans to spend about $20 billion annually through 2011 and start production at 25 major oil and gas projects over the next three years, the world's largest publicly traded oil company said on Wednesday.
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Soaring energy prices buoyed Exxon  Mobil Corp. shares to an all-time high this year, but it was  not enough to displace a resurgent General Electric Co. as the  U.S. company with the highest market capitalization.
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Exxon Mobil Corp.  is in discussions with Russia's Gazprom  about the sale of gas from the next phase of Sakhalin-1, Robert Olsen, chairman and production director at Exxon Mobil said on Tuesday.
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Venezuela accused Exxon Mobil of legal  "terrorism" on Friday after the giant oil company won court  orders freezing $12 billion of the major crude supplier's  assets in a dispute at the heart of a worldwide fight for  control of natural resources.
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ExxonMobil's recent session involved all manner of shareholder demands.
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Exxon Mobil Corp, the world's largest non-government-controlled oil company, on Friday posted the highest-ever quarterly and yearly profits by a U.S. company, propelled by record oil prices.