Posted on · Texas-based oil giant Exxon Mobil had a big week. The company reported a dizzying $23 billion in profits, said it plans to raise output in the Permian Basin, and is moving headquarters to Houston.
Posted on · The oil and gas giant said its part of a larger move to restructure its organization and save billions.
Posted on · Texas-based Exxon says three candidates nominated by a dissident group of shareholders had been elected to its board of directors. Preliminary tallies last week had two of the challengers winning seats.