Exxon Mobil Corp on Friday reported a 21% drop in quarterly profit, its third pe...
). Shell posted its smallest profit in 30 months on weaker margins in chemicals, a loss in refining and tumbling natural gas prices. Total also cited weaker natural gas and refining operations for earnings that fell 19% from a year ago, while Equinor’s profit fell 27% on weaker oil and gas prices.
The largest U.S. oil producer’s net income fell to $3.13 billion, or 73 cents per share, in the second quarter, from $3.95 billion, or 92 cents per share, last year. Exxon’s Chapman said the company remains committed to selling $15 billion worth of assets through 2021.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fire under control at Exxon petrochemical plant; some workers suffer minor burnsExxon Mobil Corp brought under control a fire that erupted on Wednesday at its B...
Read more »
Exxon fights fire at Baytown, Texas, petrochemical plant; 37 injuredExxon Mobil Corp said it was fighting a fire that erupted on Wednesday at its Ba...
Read more »
Exxon fights fire at Baytown, Texas, oil complex; six injuredExxon Mobil Corp said it was fighting a fire that erupted on Wednesday at its Ba...
Read more »
Texas county sues Exxon over air pollution from petrochemical fire -officialHarris County, Texas sued Exxon Mobil Corp on Thursday over pollution from a fir...
Read more »
Fire breaks out at Houston-area Exxon Mobil refineryAn explosion and fire at an Exxon Mobil oil refinery in Texas on Wednesday left 37 people with minor injuries
Read more »