Latest Exxon Mobil Corp News

A chimpanzee holds an enrichment treat at the Oakland Zoo in Oakland, Calif., on April 14, 2020. Zoos and aquariums from Florida to Alaska are struggling financially because of closures due to the coronavirus pandemic. Yet animals still need expensive care and food, meaning the closures that began in March, the start of the busiest season for most animal parks, have left many of the facilities in dire financial straits. (AP Photo/Ben Margot)

Financially struggling zoos could be latest pandemic victims

Aug. 5, 2020 4:46 PM EDT

SAN FRANCISCO (AP) — Since the coronavirus pandemic began keeping visitors at home, the jaguars and chimpanzees at the Oakland Zoo have enjoyed the quiet, venturing out to areas of their exhibits they usually avoid. The bears and petting pigs miss the children, though, and are seeking more attention from...

FILE - In this April 23, 2018, file photo, the logo for ExxonMobil appears above a trading post on the floor of the New York Stock Exchange.  Exxon lost $1.1 billion in the second quarter, Friday, July 31, 2020, its economic pain deepening as the pandemic kept households on lockdown, diminishing the need for oil around the world.  (AP Photo/Richard Drew, File)

Oil giants lost billions as pandemic crushed demand for fuel

Jul. 31, 2020 3:47 PM EDT

NEW YORK (AP) — Two American oil giants lost more than $9 billion in the second quarter as the pandemic kept households on lockdown, cutting a gaping hole into a once-thriving business as the need for oil diminished around the world. Exxon lost $1.1 billion in the second quarter, and the Irving,...

Cyprus to get 1st natural gas import terminal in 2 years

Jul. 9, 2020 2:42 PM EDT

NICOSIA, Cyprus (AP) — Cyprus said it plans to transition to cleaner and cheaper natural gas for energy generation in two years as work officially began Thursday to build the east Mediterranean island nation’s first gas import terminal. Cypriot President Nicos Anatastiades attended a groundbreaking...

BP, Hilcorp say they've closed part of Alaska oil, gas deal

Jul. 1, 2020 2:32 PM EDT

JUNEAU, Alaska (AP) — BP announced Wednesday it has closed part of its planned $5.6 billion sale of assets and operations in Alaska to Hilcorp, including the transfer of leases in the Prudhoe Bay oil field and Point Thomson gas field. William Lin, an executive vice president for BP, in a statement called...

Plug Power, Dell rise; GNC, Carnival fall

Jun. 24, 2020 4:29 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Wednesday: Carnival Corp., down $2.00 to $16.00. Standard & Poor's cut the cruise line's bond rating to junk status. Plug Power Inc., up $1.14 to $7.57. The hydrogen fuel cell technology company completed buyouts of United Hydrogen...

FILE - In this Feb. 24, 2011 file photo then Rep. David Rivera, R-Fla., talks during a freedom for Cuba march in Miami. Venezuela's socialist government tried to recruit former Congressman Pete Sessions to broker a meeting with the CEO of Exxon Mobil at the same time it was secretly paying a close former House colleague $50 million to keep U.S. sanctions at bay, The Associated Press has learned. (AP Photo/Alan Diaz)

Sources: Venezuela wooed Texas Republican to ease sanctions

Jun. 22, 2020 3:51 PM EDT

MIAMI (AP) — Venezuela's socialist government tried to recruit then-Congressman Pete Sessions to broker a meeting with the CEO of Exxon Mobil at the same time it was secretly paying a close former House colleague $50 million to keep U.S. sanctions at bay, The Associated Press has learned. An official at...