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Christie vetoes bill directed at Exxon settlement spending

2015-05-12 03:21:11| Oil & Gas - Topix.net

Gov. Chris Christie has vetoed a bill that would have required New Jersey to put the majority of its money from a much-criticized proposed pollution settlement with Exxon Mobil Corp. toward environmental cleanup. Earlier this year, the state struck a $225 million deal with the oil company over pollution around refineries in Linden and Bayonne.

Tags: bill directed spending settlement

 

Exxon Mobil begins bitumen production at $2bn Cold Lake Nabiye expansion in Canada

2015-05-12 01:00:00| Hydrocarbons Technology

Exxon Mobil announced that the $2bn Cold Lake Nabiye expansion has started producing bitumen in Alberta, Canada.

Tags: canada production cold lake

 
 

Exxon Mobil (XOM) Stock Drops as Oil Prices Fall in Trading

2015-05-11 21:05:32| Chemicals - Topix.net

Over the weekend the company's "outperform" rating was reiterated by analysts at RBC Capital who also raised the company's price target slightly to $100 from $98. Crude prices have rallied over 40% from its lows in recent weeks as the rise in global supplies have tapered over the past few months.

Tags: stock prices fall oil

 

Exxon Mobil: Oil prospecting off Guyana shows promise

2015-05-07 22:00:03| Chemicals - Topix.net

" The latest effort to find oil and natural gas in disputed waters off Guyana is showing promise, a representative of Exxon Mobil in the South American country said Thursday. Exxon Mobile country manager Jeff Simons said a bore hole in the Atlantic Ocean in an area claimed by Venezuela has produced positive results though he declined to discuss specifics about what had been found.

Tags: shows oil mobil promise

 

Exxon Mobil Shows Interest in Black Sea Oil Exploration Opportunity

2015-05-06 00:28:44| Chemicals - Topix.net

Exploration Manager Europe and Caspian at ExxonMobil, Stacey Weltmer has stated that the company is very much interested in winning a tender for oil and shale gas exploration mission in Bulgaria. Weltmer met with the Chair of the Energy Commission to the National Assembly and former Energy Minister Delyan Dobrev , Deputy Chair of the same commission Zhecho Stankov and Deputy Chair of the Board of Bulgratransgaz Delyan Dimitrov , as announced by the press office of center-right ruling party GERB.

Tags: black interest shows sea

 

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