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Stock Market & Financial Investment News

News Breaks
December 28, 2012
17:05 EDTXOMExxon Mobil commissions Singapore petrochemical plant expansion
ExxonMobil has commenced startup operations at one of the world's largest ethylene steam crackers, the centerpiece of the company's multi-billion dollar expansion project at its Singapore petrochemical complex. The expansion, powered by a new 220-megawatt cogeneration plant, adds 2.6M tonnes per year of new finished product capacity. The expansion will increase the chemical plant workforce by 50%, bringing total employment at ExxonMobil's Singapore integrated refining and chemical complex to 1,800. Operations at the plant mark the first production by ExxonMobil of its proprietary specialty elastomers and metallocene-based polyethylene in the Asia Pacific region.
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November 23, 2014
19:12 EDTXOMIran may suggest 1M barrel a day cut at OPEC meeting, Bloomberg says
According to media reports in Iran, the Iranian oil minister Bijan Namdar Zanganeh may speak with Saudi Arabia’s Oil Minister Ali Al-Naimi on the sidelines of the OPEC meeting in Vienna this week to propose that OPEC cut its output target by as much as 1 million barrels a day, says Bloomberg. Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Reference Link
November 18, 2014
18:26 EDTXOMKeystone pipeline legislation voted down by U.S. Senate
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November 17, 2014
07:12 EDTXOMBloomberg / Mayer Brown to co-host a conference
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