Content Tagged As exxon_mobil

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  • Exxon to wind down Russian drilling project

    September 19, 2014 11:37 AM

    IRVING, Texas - Exxon Mobil says it will stop drilling an exploratory well in Russia's Kara Sea in compliance with U.S. sanctions against Russia over Russia's involvement in the Ukraine. Exxon planned to drill the well between August and October. The latest round of sanctions called for the removal of... more »
  • ExxonMobil to pay civil penalty for 2012 oil spill

    August 27, 2014 9:57 AM

    NEW ORLEANS - ExxonMobil Pipeline Company has agreed to pay a $1.4 million civil penalty for an alleged violation of the Clean Water Act stemming from a 2012 crude oil spill from its "North Line" pipeline near Torbert in Pointe Coupee Parish. The U.S. Department of Justice and the Environmental... more »
  • Exxon Mobil agrees to $2.4M in fines, improvements

    August 25, 2013 5:06 PM

    BATON ROUGE - Louisiana's Department of Environmental Quality says Exxon Mobil Corp. has agreed to pay nearly $2.4 million in fines, improvements and other payments to settle violations at Baton Rouge-area plants. Agency spokeswoman Jean Kelly says in a news release that $2.3 million will resolve violations from 2008 into... more »
  • An inside look at ExxonMobil Play Video

    August 8, 2013 4:30 PM

    BATON ROUGE- ExxonMobil opened its doors to local officials and the media today to give a first-hand look at their operations. "These kind of events are important to us because it gives us an opportunity to share with you about what we do," said plant manager Paul Stratford. ... more »
  • Genesis Energy plans Baton Rouge area expansion

    February 4, 2013 11:13 AM

    BATON ROUGE - Genesis Energy is expanding its presence in the Baton Rouge area, with plans to build a crude oil pipeline that will connect to ExxonMobil's refinery. The Houston-based company supports refinery and chemical operations with pipeline transportation, supplies and logistics. It announced the $125 million project Monday. Construction... more »
  • Feds say delay worsened 2011 oil spill

    January 2, 2013 1:07 PM

    BILLINGS, Mont. - Federal investigators say Exxon Mobil Corp.'s delayed response to a pipeline break beneath Montana's Yellowstone River made the spill far worse than it otherwise would have been. Department of Transportation investigators say the volume of the 1,500-barrel spill could have been cut by about two-thirds if pipeline... more »
  • DEQ investigates chemical spill reporting error Play Video

    June 22, 2012 5:30 PM

    BATON ROUGE- More chemicals went into the air than previously reported following a chemical spill in Baton Rouge. The Department of Environmental Quality is investigating a release from the Exxon Mobil Chemical Plant last week. Some equipment failed and chemicals leaked, including more than 28,000 pounds of benzene, a... more »
  • Apple passes Exxon as most valuable US company

    August 9, 2011 1:05 PM

    NEW YORK - Apple has surpassed Exxon Mobil as the most valuable company in the U.S. Apple Inc.'s stock gained 3.2 percent to $364.60 on Tuesday afternoon, bringing the iPhone and iPad maker's market capitalization to about $338.0 billion. Exxon Mobil Corp. shares, meanwhile, were trading at $69.45,... more »
  • Exxon makes new oil discovery in Gulf of Mexico

    June 8, 2011 3:29 PM

    NEW YORK - Exxon Mobil Corp. said Wednesday it is the first company to discover oil from a new deep-water well in the Gulf of Mexico since last year's massive oil spill. The oil giant said its exploration project 250 miles southwest of New Orleans hit oil and gas... more »
  • Exxon Mobil's 2Q earnings more than double

    July 29, 2010 9:00 AM

    Exxon Mobil Corp. said its second quarter income nearly doubled as oil prices increased from last year. The world's largest publicly traded oil company reported earnings of $7.56 billion, or $1.60 per share, in the quarter, up for $3.95 billion, or 81 cents per share, in the year-ago period. more »
  • Congress considers hearings on oil spill

    April 29, 2010 1:08 PM

    The chairman of a House committee has asked the heads of BP PLC and four other oil companies to testify at a hearing on the massive oil spill in the Gulf Coast. Massachusetts Democrat Edward J. Markey, who chairs the Select Committee on Energy Independence and Global Warming, sent... more »
  • Exxon Mobil profit drops 23 percent

    February 1, 2010 9:12 AM

    Exxon Mobil said Monday its fourth-quarter earnings tumbled 23 percent as higher oil prices squeezed profit margins in its refining business. The world's largest publicly traded oil company reported earnings of $6.05 billion, or $1.27 a share, for the final three months of 2009. That compared with $7,82... more »

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