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Exxon Mobil Corp on Friday smashed expectations as soaring energy prices fueled a record-breaking quarterly profit, nearly matching that of tech giant Apple.
Papua New Guinea’s petroleum minister on Friday flagged a standoff in talks with Exxon Mobil Corp tied to a $13 billion gas expansion, saying the US oil giant was unwilling to negotiate on the country’s terms.
Exxon Mobil Corp on Friday posted a $9.1 billion third-quarter profit, about a 54 per cent drop from record earnings a year ago but up from the prior quarter as oil prices recovered.
British oil giant BP more than doubled its third-quarter profit from a year earlier to $8.15 billion, lifted by strong natural gas trading, as it expanded