US stocks slump as oil rout continues

...with a close above 18,000 a week ago, the Dow has now shed more than 700 points, partly because of big losses for Exxon Mobil and Chevron.A rapid decline in crude hit stocks all week. Oil fell again Friday after the International Energy Agency said...

Gas stations cheer lower gas prices along with drivers

...prices of oil producers <0x2014> the exploration and production divisions of the big oil companies such as Exxon Mobil and Chevron, and companies such as ConocoPhillips and Marathon Oil.Refiners, including refining divisions of the big oil...

Exxon-Mobil merger approved by FTC

...hours after government approval, Exxon and Mobil formally sealed their $81 billion merger...Commission approved Exxon's acquisition of Mobil after requiring that the new company sell...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 Tuesday in a deal...some facts. The world has changed," Mobil chairman Lucio Noto said. "The easy things...The company will be known as Exxon Mobil Corp. There will continue to be Mobil...

Exxon-Mobil would be No. 1 oil company

NEW YORK -- If Exxon and Mobil merge to form the world's biggest oil...drivers may not be affected, an Exxon-Mobil marriage could leave as many as 20...according to one analyst. Exxon Corp. and Mobil Corp. announced Friday that they are...

Exxon, Mobil very different partners

NEW YORK -- Mobil sponsors "Masterpiece Theater" and runs...how they explore for oil. As Exxon and Mobil come together, that could be a stumbling...smoothly running oil giant. "Exxon and Mobil are both competitors, they both have a...

Gas stations and refineries may be sold if Exxon and Mobil merge

...NEW YORK -- A merger between Exxon and Mobil could prompt government antitrust watchdogs...Richard Hidalgo, a 26-year veteran of Mobil's 1,200-employee refinery in Beaumont...competitive," Young said. Exxon Corp. and Mobil Corp., the nation's two biggest oil...

Exxon reportedly in talks to acquire Mobil

...giant Exxon Corp. is in talks to buy rival Mobil Corp. in what could be the largest industrial...announced as early as next week between Mobil, the second-largest U.S. oil and...Dutch-Shell Group. The consolidation of Mobil and Exxon would reunite two pieces of the...

Exxon, Mobil chiefs say merger needed to stay competitive

...WASHINGTON -- The chairmen of Exxon and Mobil told lawmakers Thursday the merger of the...market. "The merger will mean that Exxon-Mobil ... will be able to compete in the same...December that Exxon Corp. would purchase Mobil Corp. for $73.7 billion in stock...

Venezuela to pay Exxon Mobil $255 million after arbitration decision

...international arbitration case brought by Exxon Mobil Corp. and will need to pay only $255...Chamber of Commerce, which awarded Exxon Mobil more than $907 million in compensation.It noted that Exxon Mobil had previously used international courts...