Exxon wins freeze on $12 billion of Venezuelan assets
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Exxon Mobil Corp  has won court  orders freezing up to $12 billion in Venezuelan assets around  the world as it fights for compensation for operations lost to  President Hugo Chavez's nationalization drive.
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Exxon Mobil Corp. XOM.N, the world's  largest publicly traded oil company, on Thursday said quarterly  profit surged 56 percent, driven by soaring oil prices and  strong results from refining operations.
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Exxon Mobil Corp., the world's largest  publicly traded oil company, on Thursday said quarterly profit  surged 56 percent, driven by soaring oil prices and strong  results from refining operations.
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US oil giant Exxon Mobil says courts have frozen $36bn of Venezuela's assets in its dispute with the government.
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Exxon Mobil Corp. XOM.N, the world's  largest publicly traded oil company, on Monday posted the  biggest quarterly profit ever for a U.S. company -- $8.42  billion -- driven by high crude oil and natural gas prices.
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Venezuelan President Hugo Chavez froze ongoing bilateral accords and energy deals with Colombia on Friday in retaliation for the abduction of a leading Colombian Marxist rebel from Venezuela.
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Venezuela accuses Exxon Mobil of exaggerating the value of firm's former investments in the country.
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NYMEX crude oil futures  hit a new record of &#36;46.76 on Monday on worries about possible unrest and disruption to oil supply as Venezuelans voted in a referendum on whether to recall President Hugo Chavez.
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Exxon Mobil and ConocoPhillips yesterday rejected a deal to stay in multibillion-dollar projects that Venezuela is nationalizing, increasing the chances two of the world's top oil companies will leave the OPEC nation, two sources close to the talks said.
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Venezuela's top oil official accused Exxon Mobil Corp. of "judicial terrorism" on Friday, but said court orders won by the oil major do not amount to confiscation of $12 billion (8.3 billion euros) in assets.
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By Pascal Fletcher CARACAS, Venezuela  - Venezuelan President HugoChavez froze ongoing bilateral accords and energy deals withColombia on Friday in retaliation for the abduction of aleading Colombian Marxist rebel from Venezuela.
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Exxon Mobil Corp  said on  Friday record oil prices boosted its fourth-quarter earnings to  $11.66 billion, the highest ever operating profit by a U.S.  company.
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Venezuela could sue Exxon Mobil  for not paying taxes on some of the oil it produced, President Hugo Chavez said on Sunday, amid an escalating legal battle with Exxon over compensation for nationalized assets.
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The oil company BP agreed to freeze millions of dollars in payments to its former chief executive, John Browne, and its departing global refining chief, John Manzoni.
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CARACAS, Venezuela -- President Hugo Chavez on Sunday threatened to cut off oil sales to the United States in an "economic war" if Exxon Mobil Corp. wins court judgments to seize billions of dollars in Venezuelan assets.
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ExxonMobil  sought court orders  in Europe to freeze $12 billion in Venezuela's overseas energy  assets because getting a similar order in the United States  before it won its arbitration case against Venezuela's state  oil company PDVSA would be too difficult under U.S. law, court  papers showed.
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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 in the quarter.