Exxon Mobil Corp and Rosneft on Monday announced a deal to extract oil and gas from the Russian Arctic, marking a significant milestone in Russia's patchy history with foreign corporate investors.
Stock index futures pointed to a higher open for equities Wednesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up 0.3 to 0.8 percent.
Stocks rose for a third straight day on Tuesday in a volatile session, after minutes from the latest Federal Reserve meeting boosted expectations the U.S. central bank will act again to stimulate the economy.
Exxon Mobil can look for oil in Russian territory in the Arctic Ocean under an agreement made Tuesday with Rosneft, the Russian state oil company. The deal is huge for Exxon Mobil, which beat BP for access to a region in which oil drilling is largely prohibited.
In a deal announced Tuesday, Exxon will partner with OAO Rosneft, Russia’s state-owned oil producer, replacing British Petroleum in exchange for unspecified assets. Exxon and Rosneft will spend $3.2 billion in the initial explorations of the Arctic and Black Sea, the companies stated.
Exxon Mobil and Rosneft, Russia's top crude oil producer, announced a strategic agreement on Tuesday to jointly develop oil in the Russian Artic.
Some think Apple's pay for its new CEO might be risky because nobody replaces Steve Jobs.
Tim Cook's $390 million payday isn't the first time he's been taken care of by Apple directors
Apple's new CEO Tim Cook not only might be the most influential technology leader in his new position, but also the most powerful gay man in America.
Steve Jobs' groundbreaking decision to resign as chief executive of Apple is widely speculated to be due to his health, as Jobs has long suffered from a rare form of pancreatic cancer, and survived longer than many others with the same disease.
Steve Jobs stunning resignation as CEO of Apple on Wednesday and subsequent recommendation of Tim Cook to take his spot led to the question -- who is that guy?
Most analysts seem rather unconcerned by Jobs departure, citing that Apple is a behemoth that is loaded with brilliant managers and boasts more stellar products in the pipeline.
The resignation of Apple Inc CEO Steve Jobs has opened the door for rival Samsung Electronics at a crucial time in the battle for smartphone supremacy in salesrooms and courtrooms around the world.
The stock market inched back up this morning as bargain hunters scoured the Big Board for victims of last week’s crash.
Wholesale gasoline differentials jumped 9 cents on Wednesday after the U.S. Energy Information Administration reported a 1.78-million-barrel draw last week on West Coast gasoline stocks, traders said.
Apple has passed Exxon Mobil to become the world's most valuable company. Now it's time to ask what company make be next in line to make such a rise. At the moment, all indications point to Amazon.com.
Apple has become the most valuable company in the world. Here's five reasons why.
Apple has become the most valuable company in the U.S., passing Exxon Mobil. Here's five reasons why.
Apple topped Exxon Mobil as the world's most valuable company on Wednesday, but can the company be able to keep up the momentum if the country's economy continues to slip?
These two iconic corporations are going in decidedly different directions.
The battle for the world's most valuable company has heated up between Apple and Exxon Mobile, as Apple took over the crown during Wednesday trading.
It seems everything going Apple's way. A day after the consumer technology giant briefly surpassed Exxon Mobil to become the world's largest public company by market capitalization, it won a legal battle against Samsung in Europe.
