Tag Archives: ExxonMobil

ExxonMobil’s Q3 earnings rise to $4 bn

ExxonMobil

Higher oil prices significantly boosted ExxonMobil’s third-quarter earnings, more than offsetting the hit to operations from US hurricanes, the oil giant reported Friday. ExxonMobil reported earnings of $4.0 billion, up 49.8 percent from the year-ago period. US hurricanes resulted in a hit of $160 million. Revenues were $66.2 billion, up 12.8 percent. ExxonMobil’s earnings from exploration and production more than …

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ExxonMobil Crisis Deepens as Oil Workers Threaten Shell, Chevron, Total

The picketing of Mobil Producing Unlimited, an affiliate of ExxonMobil, continued on Thursday with oil workers under the aegis of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) threatening to escalate the crisis to Shell, Chevron and Total by the weekend. The workers on Tuesday picketed the company’s offices in Lagos, Port Harcourt and Eket, and insisted …

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