Exxon CEO says price of oil likely to remain low for years

NEW YORK - Exxon Mobil CEO Rex Tillerson expects the price...outlining its business plans through 2017, Exxon assumes a price of $55 a barrel for global...of supply out there," Tillerson said.Exxon will be adding to that in the coming years...

Exxon sees abundant oil, gas far into future

...increases, according to Bill Colton, Exxon's chief strategist."The world has...economists happy but environmentalists fret, Exxon's two chief products, oil and natural...running out of oil.And it is despite what Exxon assumes will be increasingly strict policies...

Exxon, Chevron post higher earnings despite low oil prices

...companies, but things could get tougher.Exxon and Chevron leaned on strong performances...Youngberg, an analyst at Edward Jones, about Exxon and Chevron. "Refining and chemicals...the end, and it cost both companies. Exxon's revenue slipped by 4 percent and Chevron's...

Pipeline plan draws protests

...down. "You haven't convinced anyone in this room we need it," said KC Allan, who suggested the need was instead that of Exxon Mobil, a partner with Kinder Morgan on the connecting Plantation Pipeline. Henry Morgan, a member of the appointed Coastal...

Exxon defies low oil price with refining strength

...prices and lower oil and gas production.Exxon, the biggest U.S. oil company, posted...quarter. Last year during the same period, Exxon earned $7.87 billion on revenue of...polled by FactSet had predicted on average.Exxon's oil and gas production fell 4.7 percent...

Exxon-Mobil merger approved by FTC

...within hours after government approval, Exxon and Mobil formally sealed their $81 billion...The Federal Trade Commission approved Exxon's acquisition of Mobil after requiring...officials immediately registered the new Exxon-Mobil in Delaware where Mobil was registered...

Exxon buying Mobil for $77.2 billion

NEW YORK -- Exxon agreed to buy Mobil for $77.2 billion...companies' combined work force of 123,000, Exxon chairman Lee Raymond said. Despite the...behind us." The company will be known as Exxon Mobil Corp. There will continue to be...

Exxon Mobil makes $29B bet on natural gas

IRVING, Texas -- Exxon Mobil, the world's largest publicly...become a crucial source of U.S. power. Exxon agreed to buy XTO Energy in an all-stock...carbon emissions, the deal suggested Exxon sees change coming for an energy source...

Exxon-Mobil would be No. 1 oil company

NEW YORK -- If Exxon and Mobil merge to form the world's biggest...while drivers may not be affected, an Exxon-Mobil marriage could leave as many as...slash costs, according to one analyst. Exxon Corp. and Mobil Corp. announced Friday...

Exxon, Mobil very different partners

...espousing its views on various issues. Exxon, by contrast, keeps a low profile. Its response to the Exxon Valdez oil spill has been derided as a textbook...images to how they explore for oil. As Exxon and Mobil come together, that could be...