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Court throws out much of $1.6 billion leak case versus Exxon
2013-02-27 01:01:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Exxon Mobil Corp has won the reversal by Maryland's highest court of a $1 billion punitive damages award stemming from an underground leak at a gas station, and also won the reversal of portions of nearly $650 million of compensatory damages awards. The Maryland Court of Appeals said in a ruling on Tuesday Exxon's "shortcomings" in remediation efforts did not rise to the level of fraud, removing the basis for the punitive damages award. Some compensatory damages were reversed because the plaintiffs...
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Imperial Selects Exxon Veteran Kruger As CEO
2013-02-21 11:10:00| OGI
Kruger, currently president of ExxonMobil Production Co., succeeds B.H. Bruce March, who has been appointed senior vice president of global operations for ExxonMobil Chemical Co.
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Exxon Mobil Corporation Announces 2012 Reserves Replacement Totaled 115 Percent
2013-02-19 10:00:00| oilandgasonline News Articles
Exxon Mobil Corporation announced recently it replaced 115 percent of its 2012 production by adding proved oil and gas reserves totaling 1.8 billion oil-equivalent barrels, including a 174 percent replacement ratio for crude oil and other liquids.
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Exxon Mobil, Russia's Rosneft sign Arctic deals
2013-02-14 02:17:42| Energy - Topix.net
Exxon Mobil Corp. and Russian partner Rosneft have signed an agreement that will give the U.S. company exploration access to an additional 234,000 square miles in the Russian Arctic.
Exxon Mobil, Russia's Rosneft sign Arctic deals
2013-02-14 01:28:10| Oil & Gas - Topix.net
Exxon Mobil Corp. and Russian partner Rosneft have signed an agreement that will give the U.S. company exploration access to an additional 234,000 square miles in the Russian Arctic.
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