David Rosenthal News
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The number of gas rigs in the U.S. fell for the first time in three weeks, declining by 13 to 366, according to Baker Hughes Inc.
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Exxon Mobil Corp., the world’s largest energy company by market value, said net income fell 11 percent as its biggest first-quarter production decline since 2008 wiped out most of the benefit of record oil prices.
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Exxon Mobil Corp., the world’s largest company by market value, expects to begin bitumen production at its Kearl oil sands project in Alberta before the end of March after weather delays, a company executive said.
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The National Book Critics Circle gave its award for general nonfiction to Andrew Solomon for “Far From the Tree: Parents, Children and the Search for Identity” (Scribner).
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Exxon Mobil Corp., the world’s largest energy company by market value, declined after fourth- quarter sales fell short of analysts’ estimates and oil production slumped on five continents.
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Exxon Mobil Corp. reported lower- than-estimated second-quarter profit as production growth lagged analysts’ forecasts and refining earnings outside the U.S. declined.
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Exxon Mobil Corp., the world’s largest company by market value, said net income exceeded $10 billion for a third consecutive quarter as rallying crude prices more than made up for the biggest production decline in three years.
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Exxon Mobil Corp., the largest U.S. natural-gas producer since its acquisition of XTO Energy Inc. last year, is slowing drilling in Texas gas fields amid a supply glut that slashed prices for the fuel.
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Exxon Mobil Corp., the world’s biggest oil company by market value, earned less than expected as oil demand stalled in the world’s largest economies and U.S. natural-gas prices dropped.
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Exxon Mobil Corp., the world’s largest energy company by market value, agreed to pay about $2 billion in cash and assets to expand in the U.S. Bakken Shale after efforts to exploit overseas shale fields foundered.
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