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Exxon Mobil (XOM) Stock Gains Along With Oil Prices

2015-06-18 23:35:02| Chemicals - Topix.net

Industry standard Brent crude for July delivery is up 0.58%, or 37 cents, to $64.24 per barrel, while West Texas crude for July delivery is up 0.8%, or 48 cents, to $60.40. Additionally, Exxon Mobil sold its 50% stake in Chalmette Refining in Chalmette, LA today to PBF Energy "This decision is the result of a strategic assessment of the site and how it fits with our large US Gulf Coast Refining portfolio," said Jerry Wascom, president of ExxonMobil Refining & Supply Company.

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Exxon Mobil gets Canadian project pumping ahead of schedule

2015-06-16 19:15:43| Oil & Gas - Topix.net

The Alberta, Canada project could ultimately produce 110,000 barrels per day, doubling the overall capacity of the Kearl project. As part of the expansion, Irving-based Exxon added three additional trains that are used to produce the bitumen.

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Exxon Mobil gets Canadian project pumping ahead of schedule

2015-06-16 19:05:11| Chemicals - Topix.net

The Alberta, Canada project could ultimately produce 110,000 barrels per day, doubling the overall capacity of the Kearl project. As part of the expansion, Irving-based Exxon added three additional trains that are used to produce the bitumen.

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Exxon must pay $1m 2011 spill into Montana's Yellowstone river

2015-06-13 04:45:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: US officials have rejected Exxon Mobils request to reconsider a $1m penalty imposed against the oil company over a 63,000-gallon crude spill into Montanas Yellowstone river. The US Department of Transportation on Friday ordered the Texas company to pay the penalty within 20 days at a hearing in Billings, Montana. Safety regulators said Exxon Mobil failed to adequately heed warnings that its 20-year-old Silvertip Pipeline was at risk from flooding. They said the company lacked procedures to...

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US says Exxon must pay $1 million penalty for Montana spill

2015-06-13 02:20:04| Energy - Topix.net

U.S. officials have rejected Exxon Mobil Corp.'s request to reconsider a $1 million penalty imposed against the oil giant over a 63,000-gallon crude spill into Montana's Yellowstone River. Safety regulators said Exxon Mobil failed to adequately heed warnings that its 20-year-old Silvertip Pipeline was at risk from flooding.

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