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A very large smokestack flare burns off flammable product after an explosion in a processing facility at the ExxonMobil refinery in Torrance, Calif. on Wednesday, Feb. 18, 2015. A small ground fire was quickly extinguished and the facility's flare system was triggered for safety reasons. Two workers suffered minor injuries. (AP Photo/Daily Breeze, Chuck Bennett)

Ramp up delayed for Exxon Mobil’s Torrance refinery

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A hearing set for Wednesday morning was delayed.
Republican presidential candidate, New Jersey Gov. Chris Christie gestures while speaking at a town hall meeting at Sayde's Neighborhood Bar & Grill in Salem, N.H., Monday, Aug. 24, 2015. (AP Photo/Cheryl Senter) )

Judge approves Christie’s $225 million settlement with Exxon Mobil

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The deal was criticized by environmental groups and Democrats who control the state Legislature. They say the settlement is just a fraction of the billions of dollars New Jersey should have recovered.
Oil workers operate drill sections while working on the drilling floor beneath the travelling block on a derrick operated by Salym Petroleum in Russia,. (Andrey Rudakov/Bloomberg)

Oil companies cheaper to buy than assets after rout, Exxon partner says

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Oil and gas producers on Monday declined to their lowest level in almost four years as collapsing markets in China raised concern demand will falter and exacerbate a glut.
(Spencer Platt/Getty Images)

Oil and gas listings on job websites fell by half after industry cutbacks

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Job openings at companies like Exxon Mobil, Chevron and BP represent only a fraction of the total number of listings on Indeed.com, a leading website for job seekers across the globe. But in aftermath of a global crude slump, those postings now make up an even smaller percentage of the total listings than they did before.
Venezuelan President Nicolas Maduro (MIGUEL ANGULO/AFP/Getty Images)

Exxon’s $40 billion oil discovery sparks Venezuelan feud with Guyana

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In May, Exxon Mobil Corp. revealed that under contract from Guyana it had found massive offshore oil and gas deposits. Chavez’s successor, Nicolas Maduro, demanded that the drilling stop because the area was Venezuela’s.
A member of Exxon Mobil's cleanup crew is reflected in water and oil in a drainage ditch along State Highway 365 in Mayflower, Ark., Monday, April 1, 2013. (AP Photo/Log Cabin Democrat, Courtney Spradlin)

Judge OKs agreement ending lawsuit over Arkansas oil leak

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U.S. District Judge Kris Baker said Wednesday the agreement complies with the Clean Water Act and is fair to ExxonMobil and the governments.
Exxon-Same-Sex-Benefits

Exxon secures more Permian Basin fields

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The Irving, Texas-based oil and gas giant said the two deals include a farm-in agreement and an acquisition adjacent to XTO’s existing acreage in Martin and Midland Counties.
Exxon Mobil's Beaumont refinery (Jake Daniels/The Enterprise)

Exxon to boost Beaumont refinery output by 20,000 barrels

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Exxon Mobil said the addition of another 20,000 barrels per day of capacity would be geared toward processing the types of lighter crude oils that are flowing from Texas’ and North Dakota’s shale wells.
Exxon Mobil CEO Rex Tillerson

Oil CEOs’ grim outlook rubs off on speculators fleeing market

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Exxon, the biggest U.S. energy producer, reported July 31 its lowest profit since 2009 while No. 2 Chevron posted its worst results in 12 years.
Exxon Mobil Corp. CEO Rex Tillerson speaks to 2015 IHS Energy CERAWeek. (Billy Smith II/Houston Chronicle)

Exxon Mobil earnings fall 52 percent

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Lower prices cost oil and gas giant Exxon Mobil’s upstream business $4.5 billion, the company said.
Categories: Crude oil