Exxon Mobil Corporation (NYSE:XOM) has been considering selling out its Advanced Elastomer Systems (AES) division. According to unconfirmed sources, the company intends to sell the division for $800 million. Part of the proceeds will be channeled towards the payment...
Its good news for Oil Companies when oil prices start to rise, but Exxon Mobil Corp (NYSE:XOM) has even more reason to smile because of its chemical business. Exxon to benefit more from the chemical business despite rising oil crude prices Petrochemical producers such...
Exxon Mobil Corp (NYSE:XOM) and other oil companies, including China’s CNPC, and Saudi Arabia’s Aramco, have set a collective goal to reduce greenhouse emissions from upstream activities the industry’s stance on climate change grows. ExxonMobil...