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Search resuls for: "Companies Exxon"


3 mentions found


☆ Oil prices slide as dollar strengthens, China COVID-19 woes dampen demand
  + stars: | 2022-10-11 | by ( Isabel Kua | ) www.reuters.com   time to read: +3 min
Companies Exxon Mobil Corp FollowSINGAPORE, Oct 11 (Reuters) - Oil prices fell on Tuesday, extending nearly 2% losses in the previous session, as a stronger U.S. dollar and a flare-up in COVID-19 cases in China increased fears of slowing global demand. Brent crude futures fell 57 cents, or 0.6%, to $95.62 a barrel by 0031 GMT, after falling $1.73 in the previous session. U.S. West Texas Intermediate crude was at $90.58 a barrel, down 55 cents, or 0.6%, after losing $1.51 in the previous session. A strong greenback reduces demand for oil by making it more expensive for buyers using other currencies. The sustained zero COVID-19 policy in China ahead of a Communist Party congress is "not helping" demand, the analysts added.
☆ Exxon orders shale stand-down over rash of oilfield worker injuries
  + stars: | 2022-09-28 | by ( Liz Hampton | ) www.reuters.com   time to read: +3 min
REUTERS/Nick OxfordCompanies Exxon Mobil Corp FollowSept 28 (Reuters) - Exxon Mobil (XOM.N) issued a temporary "stand-down" across its U.S. shale operations last week following back-to-back worker injuries, including one fatality, according to people familiar with the matter. The stand-down follows two worker accidents within days at production sites run by Exxon's shale unit and comes as Exxon is facing multiple negligence lawsuits. In March, a woman was crushed to death at another West Texas site operated by Exxon. Exxon or its shale subsidiary XTO Energy this year have faced at least six negligence lawsuits resulting from injuries in west Texas, according to complaints filed in Harris County District Court in Houston. It separately reported 15 fires at its New Mexico operations, according to the state's oil regulator.
☆ Exxon Mobil shuts Fos-Sur-Mer refinery in France due to strike
  + stars: | 2022-09-22 | by ( Rowena Edwards | ) www.reuters.com   time to read: +1 min
REUTERS/Toru HanaiCompanies Exxon Mobil Corp FollowSept 22 (Reuters) - ExxonMobil is gradually shutting down its 235,000 barrel per day (bpd) Fos-Sur-Mer refinery in France as a result of ongoing strike action, the company said in an emailed statement on Thursday. read moreFrench unions CGT and Force Ouvriere called for a strike on Tuesday following wage negotiations with Exxon Mobil related to rising inflation in Europe. "This unfortunate situation may impact our customers, contractors, suppliers, and employees, and affects the international reputation of Exxon Mobil activities in France," the statement said. Workers at Exxon's Toulouse depot have also joined the strike, CGT Exxon Mobil said on its blog. Register now for FREE unlimited access to Reuters.com RegisterReporting by Rowena Edwards; editing by David EvansOur Standards: The Thomson Reuters Trust Principles.
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