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If the Ecuadoran judge handling the case follows the recommendations of a court-ordered team of experts, the case could result in the biggest environmental judgment. ...more
February 9, 2009
HOUSTON (AP) - Exxon Mobil Corp. on Friday reported a profit of $45.2 billion for 2008, breaking its own record for a U.S. company, even as its fourth-quarter earnings fell 33 percent from a year ago. ...more
February 1, 2009
HOUSTON - Exxon Mobil Corp. on Friday reported a profit of $45.2 billion for 2008, breaking its own record for a U.S. company, even as its fourth-quarter earnings fell 33 percent from a year ago. ...more
January 30, 2009
Economy Jolts Into Decline; Bad Recession Seen WASHINGTON (AP) - The government reported Thursday that the economy shrank in the summer, sending the strongest signal yet that a recession may have already begun. ...more
November 2, 2008
It's looking like a good year for big oil - again. ConocoPhillips, the first of the major oil companies to report earnings for the third quarter, said profits soared 41 percent as crude prices soared to record highs over the summer. The numbers posted by the third-largest U.S. oil company easily topped Wall Street forecasts. ...more
October 23, 2008
The frail and elderly were put aboard buses Wednesday and authorities warned 1 million others to flee inland as Hurricane Ike steamed toward a swath of the Texas coast that includes the nation's largest concentration of refineries and chemical plants. ...more
September 11, 2008
Energy companies bid hundreds of millions of dollars Wednesday to explore for oil and natural gas beneath 1.8 million acres in the western Gulf of Mexico, while looking forward to the possibility of future drilling in federal waters now off-limits. ...more
August 21, 2008
Three companies plan to build an oil terminal and pipeline network off the Texas Gulf Coast capable of handling nearly 20 percent of the nation's daily imported oil. ...more
August 20, 2008
Some - In Second Quarter WASHINGTON (AP) - The prospects for a quick economic recovery dimmed Thursday, with new data showing the economy grew at a slower-than-expected rate this spring despite some oomph from tax rebate checks - and actually shrank late last year. ...more
August 3, 2008
Oil giants Chevron Corp. and Total SA wrapped up a string of gargantuan, record-breaking earnings reports Friday, a stretch in which six of the major international oil companies topped $50 billion in combined profit for the first time. ...more
August 2, 2008
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