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Home Tag Archives: Exxon

Tag Archives: Exxon

Crews extinguish Texas refinery fire that left four injured

By Michael
December 23, 2021
in :  State/Regional News
Comments Off on Crews extinguish Texas refinery fire that left four injured
2,074

Crews extinguish Texas refinery fire that left four injured BAYTOWN, Texas (AP) — Crews extinguished a large fire at a Houston-area refinery that broke out early Thursday, injuring four people. The fire started at about 1 a.m. at ExxonMobil’s refinery in Baytown, which is about 25 miles (40 kilometers) east of Houston. Four people were injured but everyone else on …

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Crews extinguish Texas refinery fire that left four injured

By Michael
December 23, 2021
in :  State/Regional News
Comments Off on Crews extinguish Texas refinery fire that left four injured
2,823

Crews extinguish Texas refinery fire that left four injured BAYTOWN, Texas (AP) — Crews extinguished a large fire at a Houston-area refinery that broke out early Thursday, injuring four people. The fire started at about 1 a.m. at ExxonMobil’s refinery in Baytown, which is about 25 miles (40 kilometers) east of Houston. Four people were injured but everyone else on …

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Exxon posts $2.7B quarterly profit after unprecedented year

By Michael
April 30, 2021
in :  Business
Comments Off on Exxon posts $2.7B quarterly profit after unprecedented year
3,209

NEW YORK (AP) — Exxon Mobil reported profits of $2.73 billion in the first quarter, after a tumultuous year led to major spending reductions. The oil giant brought in $59.15 billion in revenue, up 5% from $56.16 billion during the same quarter last year. It exceeded analyst projections for the quarter. The oil and gas industry has been struggling with …

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Exxon posts $2.7B quarterly profit after unprecedented year

By Michael
April 30, 2021
in :  Business
Comments Off on Exxon posts $2.7B quarterly profit after unprecedented year
3,947

NEW YORK (AP) — Exxon Mobil reported profits of $2.73 billion in the first quarter, after a tumultuous year led to major spending reductions. The oil giant brought in $59.15 billion in revenue, up 5% from $56.16 billion during the same quarter last year. It exceeded analyst projections for the quarter. The oil and gas industry has been struggling with …

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Exxon profits drop as most of world stays home, forgoes fuel

By Michael
May 1, 2020
in :  Business
Comments Off on Exxon profits drop as most of world stays home, forgoes fuel
3,403

NEW YORK (AP) — Profits fell at Exxon Mobil and Chevron warned of tough times ahead as the global pandemic began to erode oil demand. Exxon lost $610 million in the first quarter, down 126% from the same time last year, the Irving, Texas oil giant said Friday. Revenue was $56.16 billion, down 12% from the same quarter in 2019. …

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Exxon to cut activity in Permian Basin as oil prices plummet

By Michael
March 6, 2020
in :  Business
Comments Off on Exxon to cut activity in Permian Basin as oil prices plummet
5,091

NEW YORK (AP) — Exxon Mobil said Thursday it plans to reduce the number of oil rigs operating in an oil-rich region in the Southwest and may cut planned capital expenditures as the spreading coronavirus saps energy demand. The price of a barrel of oil has fallen more than 25% since the start of the year, and 8% in the …

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Exxon Mobil profit falls 49% as oil and gas prices decline

By Michael
November 4, 2019
in :  Business
Comments Off on Exxon Mobil profit falls 49% as oil and gas prices decline
4,711

NEW YORK (AP) — Exxon Mobil’s profits fell dramatically in the third quarter as the company was hurt by lower prices for crude oil and natural gas. The Texas oil giant reported $3.17 billion in profits in the third quarter Friday, down 49% from the same time last year. Total revenue was $65.05 billion, down 15% from the same time …

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Exxon Mobil profit falls 49% as oil and gas prices decline

By Michael
November 4, 2019
in :  Business
Comments Off on Exxon Mobil profit falls 49% as oil and gas prices decline
5,154

NEW YORK (AP) — Exxon Mobil’s profits fell dramatically in the third quarter as the company was hurt by lower prices for crude oil and natural gas. The Texas oil giant reported $3.17 billion in profits in the third quarter Friday, down 49% from the same time last year. Total revenue was $65.05 billion, down 15% from the same time …

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Exxon profits slide with natural gas prices weak

By Michael
August 2, 2019
in :  Business
Comments Off on Exxon profits slide with natural gas prices weak
4,653

NEW YORK (AP) — Exxon Mobil brought in $69 billion in revenue in the second quarter, down from last year’s $73.5 billion. Some of the benefits of rising crude prices, up 22% this year, were offset by natural gas prices, which have fallen almost 24% over the same time frame. The nation’s largest oil company said Friday that its profit …

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Exxon profits slide with natural gas prices weak

By Michael
August 2, 2019
in :  Business
Comments Off on Exxon profits slide with natural gas prices weak
4,290

NEW YORK (AP) — Exxon Mobil brought in $69 billion in revenue in the second quarter, down from last year’s $73.5 billion. Some of the benefits of rising crude prices, up 22% this year, were offset by natural gas prices, which have fallen almost 24% over the same time frame. The nation’s largest oil company said Friday that its profit …

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