Tag: revenues

Exxon Mobil’s earnings grow amid production declines

Exxon Mobil Corp’s first quarter earnings grew 1 percent, despite declining production and revenues, the world’s largest public company reported Thursday.  More »

Baker Hughes third quarter rises on North America shale boom

Oilfield-services provider Baker Hughes Inc. said Tuesday that third-quarter earnings nearly tripled and revenue hit a record as the company added rigs in Canada and drilling continued to recover in the Gulf of Mexico from last year’s oil spill.  More »

Lawmakers seek details on oil royalties, hardrock mining payments

Western lawmakers are asking federal investigators for a detailed accounting of the oil, gas and minerals recently extracted from public lands and waters, as part of what they described as a bid to make sure taxpayers are getting a “fair return” from the development.  More »