AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
As Demand Rises, Oil Firms Focus on Finding New Reserves, Expanding Production.
Byline: Sudeep Reddy
Feb. 11--HOUSTON -- Oil prices have soared and demand has steadily been rising, sending strong signals for robust growth in the oil markets.
But the largest oil companies will face harder times ahead in finding new reserves and expanding their production, industry executives said Tuesday.
"Our industry is in a watershed period when companies are making long-term decisions that will affect their performance decades down the road," said James Mulva, president and chief executive of ConocoPhillips Co., speaking at the Cambridge Energy Research Associates conference.
CERA's annual gathering in Houston draws more than 1,400 executives to survey the global energy scene.
A year ago, companies were fighting a rough ...
- Oil prices help Exxon Mobil reach 56 percent profit.
- Newspaper article from: Knight Ridder/Tribune Business News October 29, 2004 700+ words
...period. Despite oil prices that have averaged...Irving-based Exxon Mobil said capital and...a new high. Exxon Mobil shares fell 34...effect of falling oil prices. Excluding the...for the lawsuit, Exxon Mobil would have had...
- Exxon Mobil Reports Quarterly Earnings Despite Slump in Oil Prices.
- Newspaper article from: Knight Ridder/Tribune Business News January 24, 2002 700+ words
...difficult conditions, Exxon Mobil said in a conference...course of the year, oil prices shed 30 percent, and...Tyler Dann, who covers Exxon Mobil for Banc of America Securities...worst yet." Indeed, oil prices could go even lower if...
- Exxon-Mobil Merger Won't Yield Higher Oil Prices, Analyst Says.
- Newspaper article from: Knight Ridder/Tribune Business News Flaum, David December 3, 1998 700+ words
...Keegan & Co. in Memphis, answered questions Tuesday about the proposed Exxon-Mobil merger. QUESTION: Will the merger of Exxon and Mobil mean higher oil prices for consumers? ANSWER: Wholesale prices are cheaper on an inflation adjusted...
- Exxon Mobil, Shell Q3 profits soar on record oil prices.(Financial report)
- News wire article from: PTI - The Press Trust of India Ltd. October 30, 2008 700+ words
Exxon Mobil, Shell Q3 profits soar on record oil prices New York, Oct 30 (PTI) Energy giants Exxon Mobil and Royal Dutch Shell reported...propelled mainly by record oil prices which had touched 147 dollars...
- High oil prices lift Exxon Mobil 4th-qtr. earnings to record high.
- Newspaper article from: Kyodo News International (Tokyo, Japan) January 31, 2006 700+ words
Jan. 31--NEW YORK -- Exxon Mobil Corp. said Monday its net profit...bolstered by persistently high crude oil prices. Sales grew 19.5 percent to...For the full year to December, Exxon Mobil saw its net profit climb 42.6...
- Exxon Mobil Profits Boosted by Improved Refining Margins, Higher Oil Prices.
- Newspaper article from: Knight Ridder/Tribune Business News August 1, 2003 700+ words
...Tribune Business News Aug. 1--Exxon Mobil Corp. said Thursday that profits rose...uarter of 2002, Irving-based Exxon Mobil earned $2.64 billion, or 39 cents...significant cash flow," Pat Mulva, Exxon Mobil's vice president of investor relations...
- InvestSource: With oil prices on the rise, giants like Exxon Mobil and...
- Press release article from: M2 Presswire April 27, 2005 700+ words
...InvestSource: With oil prices on the rise, giants like Exxon Mobil and ChevronTexaco gushed...Corporation (NASDAQ: BDCO), Exxon Mobil Corporation (NYSE:XOM...Energy Corp. will vault past Exxon Mobil Corporation as the largest...
- Corporate--Exxon Mobil's strategy isn't being swayed by the moves of...
- Newspaper article from: Petroleum Intelligence Weekly March 14, 2005 700+ words
CORPORATE -- Exxon Mobil's strategy isn't being swayed by the moves of competitors or the strength of oil prices. "You will not hear about some kind of radical restructuring or a major change in strategy or plan," Chief Executive Lee Raymond...
