Tag: Exxon Mobil

• Thursday, June 1st 2017 - 20:42 UTC

  Exxon required to assess risks of climate change: 62% of shareholders supported the motion

  

  Shareholders in Exxon Mobil have backed a motion requiring the company to assess the risks from climate change. The plan, proposed by investors including the Church of England, was supported by over 62% of those eligible to vote.

• Tuesday, January 3rd 2012 - 03:04 UTC

  Venezuela cuts Exxon-Mobil compensation payment from 908m to 255m dollars

  

  Venezuela's PDVSA said on Monday it will pay Exxon Mobil Corp 255 million dollars in compensation for nationalized assets, which is less than a third of what the US oil giant said it was awarded by an arbitration panel.

• Monday, January 2nd 2012 - 03:46 UTC

  Victory for Chavez in arbitration with Exxon Mobil over assets’ nationalization

  

  An international arbitration panel has awarded US oil giant Exxon Mobil Corp 908 million dollars in compensation for Venezuela's 2007 nationalization of assets, less than 10% of what it sought in a dispute that pitted a top global oil company against one of the world's largest oil exporters.

• Wednesday, August 31st 2011 - 08:46 UTC

  Rush to explore and develop shale oil and natural gas in Argentina’s Neuquen basin

  

  Exxon Mobil Corp, the largest US oil company, will spend as much as 76.3 million dollars to explore and develop shale oil and natural gas in Argentina with Americas Petrogas Inc.

• Wednesday, August 31st 2011 - 01:05 UTC

  Exxon clinches Arctic oil exploration deal with a Russian government company

  

  US oil major Exxon Mobil has clinched an Arctic oil exploration deal with Russian state-owned oil firm Rosneft. The venture seemingly extinguishes any remaining chance of UK’s BP reviving its own deal, which lapsed in May.

• Thursday, March 3rd 2011 - 05:23 UTC

  Argentine/Chinese corporation buys Exxon downstream assets in Mercosur

  

  Pan American Energy has agreed to buy an oil refinery and more than 700 service stations in Argentina, Paraguay and Uruguay from Exxon Mobil Corp for which it will be paying an estimated 850 million US dollars.