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State senators question Exxon Mobil over Torrance refinery explosion
2015-03-07 07:02:29| Chemicals - Topix.net
The auditorium at Torrance City Hall was nearly full Thursday night as several state senators heard testimony related to a Feb. 18 explosion at a nearby oil refinery. A local resident described her husband entering their house, three miles from Exxon Mobil Corp.'s plant in Torrance, covered in white ash after the blast.
Tags: state
question
mobil
explosion
Exxon Mobil big believer in domestic shale production
2015-03-06 01:25:07| Chemicals - Topix.net
In a world of $55 a barrel oil, Exxon Mobil is relying on shale fields in Texas, Oklahoma and North Dakota to help fund the next wave of big overseas projects it needs to thrive in the future. Exxon unveiled plans Wednesday to double the amount of oil it pumps from U.S. shale fields during the next three years, even as it moves more cautiously on investments in big projects elsewhere.
Tags: big
production
mobil
domestic
New Jersey officially announces $225M Exxon Mobil settlement
2015-03-05 21:05:41| Chemicals - Topix.net
New Jersey announced a $225 million settlement with Exxon Mobil on Thursday that state officials say is the largest environmental settlement in state history - though it has been criticized by Democratic lawmakers who say it is for a mere fraction of the nearly $9 billion initially sought. Acting Attorney General John J. Hoffman said the settlement over refinery sites in Linden and Bayonne is separate from Exxon Mobil's obligation to clean up the sites at its own expense.
Tags: jersey
mobil
settlement
officially
Exxon Mobil plans to start up 16 oil and natural gas projects by 2017
2015-03-05 01:00:00| Hydrocarbons Technology
Exxon Mobil is planning to start up 16 oil and natural gas projects and increase daily production to 4.3 million oil-equivalent barrels by 2017.
Exxon Mobil sees oil prices staying low for couple of years
2015-03-04 18:58:10| Energy - Topix.net
Exxon Mobil CEO Rex Tillerson expects the price of oil to remain low over the next two years because of ample global supplies and relatively weak economic growth. Speaking at the company's annual investor meeting in New York, Tillerson cautioned that geopolitical turmoil could unexpectedly send prices higher.
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