Search Results for: Exxon
Asian shares skid as Fed monetary meeting looms
July 27th, 2015
Asian shares began the week on a plaintive note amid losses on Wall Street and worries over China, while investors braced for a Federal Reserve meeting that might take another small step toward lifting U.S. interest rates. Financial spreadbetters ...
Big U.S. investors push SEC for oil industry to detail risks of climate change
April 17th, 2015
Calpers, the largest American public pension fund, and nearly 60 other institutional investors will ask the U.S. Securities and Exchange Commission on Friday to require oil and natural gas companies to publish detailed analysis of the risks posed by climate change to ...
Apple Becomes First $700 Billion US Company With Record Market Cap Close
February 11th, 2015
Apple Inc. has become the first U.S. company to close with a market cap of more than $700 billion, nearly doubling the market cap of its closest rival, Exxon Mobil. Apple’s share price closed nearly 2 points up at ...
Oil Companies Draw on Creative Financing to Stay Afloat After Prices Tumble
February 2nd, 2015
North America’s small and mid-sized energy companies are searching for creative ways to stay afloat as investors smell blood in the water from the almost 60 percent fall in the price of oil since June. Oil and natural gas ...
Crude Oil’s Fall Pressures Energy Megaprojects
December 9th, 2014
Energy development projects that looked great earlier this year are looking less so now. Tumbling oil prices hit a fresh five-year low on Monday, pressuring some of the world’s biggest energy companies to reconsider multibillion-dollar expenditures. The biggest worries: ...
UK passes tough new transparency law for oil, gas and mining companies
December 1st, 2014
A historic law came into force in the UK today that will help fight poverty and corruption in resource-rich but poor countries said Global Witness, which has been campaigning for such measures for over 16 years. The new rules ...
Microsoft busts down $400B barrier
November 7th, 2014
Technology giant Microsoft (MSFT) Thursday surpassed $400 billion in market value, marking its return to the top tier of the most valuable companies in the world. Powered by news the company is making its popular Office suite of products more widely available on ...
Oil price swoon pulls WTI crude to 3-year low
November 5th, 2014
Oil prices fell to a three-year low Tuesday as Saudi Arabia cut prices of crude exported to the U.S., raising the specter of a bruising battle for market share that threatens the U.S. energy boom but could bring ultra-low ...
BHP to test U.S. oil export ban by selling without formal ruling
November 5th, 2014
BHP Billiton Ltd is set to be the first company to export lightly processed ultra-light U.S. oil without explicit permission from the government, further testing the limits of an increasingly contentious ban on foreign sales. Eight months after two ...
Stocks close mixed: S&P drops, Dow bumps up
November 5th, 2014
Stocks closed mixed Tuesday as markets struggled from a one-two punch of falling oil prices and renewed fears of a global slowdown. A wait-and-see posture regarding Tuesday’s elections may also be holding back investors. The Standard & Poor’s 500 ...
