Rockefeller family
New York: the Christmas tree was lit at Rockefeller Center – See video, photos
Over fifty thousand colorful lights were lit Wednesday night at the iconic Christmas tree at Rockefeller Center, drawing warm applause from the crowds gathered to watch the annual tradition in New York City.
Petrolina acquires Esso in Cyprus
Petrolina has successfully acquired ExxonMobil Cyprus Limited, the company behind the Esso brand in Cyprus, for 48.6 million euros. This deal, which was finalized on Wednesday through PHL's fully owned subsidiary, Med Energywise, marks a significant expansion for Petrolina in the local oil market.
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ExxonMobil defies forecasts: Expects virtually unchanged oil demand through 2050
ExxonMobil predicts that oil demand will be virtually unchanged in 2050 compared to current levels, an estimate that contrasts dramatically with most assumptions of other energy sector players.
Drilling in Crete by ExxonMobil: Geopolitical developments & economic data
ExxonMobil has intensified contacts with the Greek government to ensure the smooth implementation of the program
Exxon settles Indonesia torture lawsuit
ExxonMobil has settled a long-running lawsuit brought by Indonesian villagers who alleged human rights violations by Indonesian military officials providing security to the oil giant.
The two sides agreed to resolve "all matters," said a joint filing from the opposing counsel that did not disclose terms of the agreement.
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Wall Street giants move to rescue First Republic Bank
America's largest banks moved on March 16 to shore up First Republic, easing fears that the regional lender could be the next domino to fall after collapses including Silicon Valley Bank.
A consortium of 11 US private banks, including Bank of America, Citigroup and JPMorgan Chase, announced they would deposit $30 billion into First Republic.
ExxonMobil reports record profits of $55.7 bln in 2022
Alamy Photo
ExxonMobil reported record annual profits of $55.7 billion in 2022 on Jan. 31, reflecting higher commodity prices amid recovering demand and the impacts of Russia's invasion of Ukraine.
In the fourth quarter, profits rose 43.7 percent to $12.8 billion, thanks to higher oil and natural gas prices and better refining margins compared with the year-ago period.
Reserve off Crete is promising
Τhe seismic data ExxonMobil's Sanco Swift research vessel has collected so far offer clear indications of the existence of an important hydrocarbon field in the area south of Crete.
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Data indicate large gas deposits off Crete, says minister
Seismic data obtained so far by the Sanco Swift, the Norwegian exploration vessel leased by ExxonMobil, southwest of the island of Crete, allegedly point to the existence of large natural gas deposits in the area.
Exxon hid the truth for 50 years
Numerous internal documents and scientific research have already shown that "Exxon" was very well aware of the dangers caused by global warming as early as the early 1970s, with solid evidence that the oil industry knew about the risk even earlier - as documents from the 1950s show.
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