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Exxon plunges to first loss in decades as pandemic chokes off demand
2021-02-02 18:11:26| BBC News | Business | UK Edition
The firm is in the midst of drastic cuts as it bows to economic and activist pressure for change.
Exxon Mobil Posts First Annual Loss As a Public Company
2021-02-02 18:00:00| OGI
Texas-based oil major Exxon Mobil Corp. on Feb. 2 posted its first annual loss as a public company amid the most challenging market conditions Exxon has ever experienced, CEO Darren Woods says.
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ConocoPhillips Posts Smaller-than-expected Q4 Loss, Boosts 2021 Spending
2021-02-02 14:59:31| OGI
ConocoPhillips set a $5.5 billion spending budget for 2021, much of which will be used to sustain current production.
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loss
spending
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Pandemic Drives Oil Major BP to First Loss in a Decade
2021-02-02 11:20:00| OGI
BP's shares have lost over 40% of their value over the past year and remain near 25-year lows, battered by concerns over oil demand due to the pandemic and its ambitious plan to shift away from fossil fuels to renewable energy.
Analysts: Chevron Merger Buzz a Sideshow Before Exxon Mobil Loss
2021-02-01 21:25:00| OGI
Exxon Mobils year-end results scheduled for Feb. 2 are expected to be marred by a charge of up to $20 billion on the value of its natural gas properties.
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