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Judge approves Christie's $225M settlement with Exxon
2015-08-25 19:51:39| Energy - Topix.net
A $225 million deal between Gov. Chris Christie's administration and ExxonMobil over dozens of polluted sites and nearly 2,000 retail gas stations was approved by a New Jersey judge on Tuesday. Superior Court Judge Michael Hogan ruled that the deal is much less than the $8.9 billion the state originally sought, but a "reasonable compromise" considering the "substantial litigation risks" faced by the state in the 11-year-old case that spanned Democratic and Republican governors.
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exxon
Stacks and burn-off from an Exxon Mobil refinery.
2015-08-23 03:05:57| Oil & Gas - Topix.net
A barrel of U.S. crude oil fell below $40 per barrel for the first time since the end of the global economic crisis. Friday's fall, to $39.86, was just the latest indicator of a vast shift in the energy landscape over the past year.
Tags: mobil
stacks
exxon
refinery
Exxon Mobil (XOM) Stock Declines as Oil Prices Fall
2015-08-22 20:20:55| Chemicals - Topix.net
Industry standard Brent crude for September delivery is down 2.34% to $45.53 per barrel while West Texas crude for September delivery is down 2.13% to $40.44 per barrel. The drop in prices is tied to weak economic data from China, the world's second largest oil consumer, according to The Wall Street Journal .
Exxon Mobil and Deere are big market movers
2015-08-22 01:53:17| Oil & Gas - Topix.net
Oil company stocks extended their slide as crude prices dropped below $40 a barrel for the first time since the end of the global financial crisis. The maker of TurboTax software surprised Wall Street by saying it plans to sell several businesses, including its consumer finance program Quicken.
Exxon Mobil fined $566,600 for Torrance refinery explosion
2015-08-14 20:09:43| Oil & Gas - Topix.net
Exxon Mobil was fined $566,600 in penalties Thursday after a large blast at the company's Torrance refinery in February injured four workers. The California Division of Occupational Safety and Health, or Cal/OSHA, issued 19 citations, most of which were classified as serious, for workplace safety and health violations.
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explosion
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exxon
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