China"s Zhoushan city woos Exxon Mobil for a $7 billion ethylene plant
The Chinese city of Zhoushan is in talks with oil major Exxon Mobil Corp to build a $7 billion ethylene plant in the city south of Shanghai, it said in a statement released on Wednesday......»»
Story on Zhoushan in talks with Exxon Mobil on ethylene plant withdrawn
The story headlined 'China's .....»»
City has no flood protections for $3 billion food market
The New York attorney general’s office dropped its claim that Exxon Mobil Corp. about how it accounts for the financial risks of climate change, significantly diminishing the state’s case in the... To view the full story, click the title link......»»
Volkswagen plans electric vehicle plant with JAC in China: local government
German automaker Volkswagen AG's joint venture with China's Anhui Jianghuai Automobile Co (JAC) plans to invest 5.06 billion yuan ($750.8 million) in a new electric car factory in eastern Hefei city, according to local authorities......»»
China"s Zhoushan to go after Singapore marine hub"s top billing
China's port city of Zhoushan is planning to challenge Singapore's dominance of the multi-billion dollar shipping fuel industry, relying on proximity to some of the world's biggest ports and Beijing's support to give it an edge......»»
Exclusive: British Lotus cars to be "Made in China" at new Geely plant: documents
The Chinese owner of Lotus plans to start producing the British sports car brand in China for the first time with the opening of a new 9 billion yuan ($1.3 billion) factory in Wuhan city, company job advertisements and government documents showed......»»
5 Blue Chip Dividend Oil Stocks Could Be Acquired Next If Huge Oil Mergers Happen
Last fall, Exxon Mobil Corporation (NYSE: XOM) made a monumental move, announcing its acquisition of oil shale titan Pioneer Natural Resources (NYSE: PXD) for a staggering $59.5 billion in an all-s.....»»
TechnipFMC wins up to $1 billion contract for Exxon"s new Guyana project
Houston-based TechnipFMC PLC (NYSE: FTI) won a large award for Spring-based Exxon Mobil Corp.’s (NYSE: XOM) new $12.7 billion Whiptail project offshore Guyana......»»
Vietnam wants to take China"s place as a new factory of the world — but a $12 billion financial fraud case is getting in the way
Vietnamese real-estate tycoon Truong My Lan was sentenced to death for her role in a $12.5 billion fraud case. Vietnamese property tycoon Truong My Lan looks on at a court in Ho Chi Minh city on April 11, 2024.STR/AFP via Getty .....»»
Exxon posts $2.7B quarterly profit after unprecedented year
Exxon Mobil reported a quarterly profit of $2.73 billion, despite facing major spending reductions as a result of the pandemic......»»
: Exxon floats idea for $100 billion private-public carbon capture hub, largest of its kind
Exxon Mobil has floated a proposal for a public-private project that would grab carbon dioxide emissions from U.S. petrochemical plants and bury them in deep under the Gulf of Mexico......»»
How an Insurgency Threatens Mozambique’s Gas Bonanza
Total SA and Eni SpA plan to tap huge natural gas deposits that discovered off the northern coast of Mozambique a decade ago. Their projects and another being considered by Exxon Mobil Corp. could entail $60 billion in investment and have the .....»»
Exxon Mobil reports a $20 billion net loss, but an adjusted profit that tops forecasts
Shares of Exxon Mobil Corp. rose 1.9% in pre.....»»
Pegatron obtains land for new plant in India
Pegatron has gained land use rights for a 423,195-square feet industrial site in Mahindra City, India, according to a company filing with the Taiwan Stock Exchange (TWSE). The total transaction value is INR1.03 billion (US$14.08 million)......»»
Exxon Mobil expects to take up to $20 billion writedown in Q4
Exxon Mobil Inc. said it expects higher oil and gas and chemical prices to boost fourth-quart.....»»
Phoenix seeks rezoning of potential supplier site to support Taiwan Semiconductor plant
The city has filed a rezoning application for a third potential supplier site, about seven miles from the 1,128 acres where Taiwan Semiconductor plans to build a $12 billion plant......»»
Taiwan"s TSMC to build Arizona chip plant as U.S.-China tech rivalry escalates
Taiwan Semiconductor Manufacturing Co Ltd , the biggest contract chipmaker, said it plans to build a $12 billion factory in Arizona in an apparent win for the Trump administration's efforts to wrestle global tech supply chains back from China......»»
Why Exxon Stock Is Not Being Hammered Following a Q1 Loss
Exxon Mobil posted a first-quarter diluted earnings per share loss of $0.14 on revenues of $56.16 billion. First-quarter results compare to the consensus estimates for a breakeven quarter on revenues........»»
Exxon starts phase one of $10B China ethylene project, Xinhua says
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Netflix is now bigger than Exxon Mobil, IBM, Costco
Netflix's share price ballooned by almost 42 percent in a month that much of the U.S. has been under lockdown orders and, apparently, indulging in a lot more screen time. The company’s market cap as of Friday is $185.6 billion, more than some blue .....»»
Market Extra: Exxon borrows $9.5 billion as investment-grade companies race to fill war chests ahead of earnings
Exxon Mobil Corp., undeterred by sinking oil prices, borrowed another $9.5 billion in the U.S. corporate bond market on Monday, adding to the rush of companies building up cash amid the coronavirus pandemic......»»