2:29 PM Abu Dhabi invites several major oil firms to place bids to operate some of the country’s largest fields. The 75-year-old concession, which expires at the end of the year and produces 1.5M bbl/day, is one of few top-producing areas in the Persian Gulf where international companies are able to hold an ownership stake. Among new invitees: CVX, OXY. BP, XOM, TOT and RDS.A currently split a 40% stake. Read comments
XOM price at time of publication: $88.87. Check XOM price now »
Focus Articles on XOM
- Exxon Mobil: Buyback Heavy, Dividend Light by Michael Fitzsimmons
- Battle Of The Big Oils: Which Has The Better Balance Sheet, Exxon Mobil Or Chevron? by David Schauber, Jr.
- Exxon's Downshift Towards Oil Perfectly Timed by Peter Pham
Press Releases on XOM
- Rosneft Subsidiary Acquires Interest in ExxonMobil Gulf of Mexico Exploration Blocks (Business Wire)
- ExxonMobil Recognized with U.S. President's Volunteer Service Award (Business Wire)
- ExxonMobil Major Projects to Deliver 1 Million Oil-Equivalent Barrels by 2017; Liquids Production to Rise on Average by Four Percent Per Year (Business Wire)
Related Articles on XOM
- Income Investors And The Looming Inflationary Spiral by Capital Traders Group
- 2 Oil Stocks That Will Shine Your Portfolio In 2013 by Fusion Research
- A High-Yield, Low-Payout Dividend Growth Model Portfolio For 2013 by Jeff Paul
StockTalk on XOM: XOM StockTalk | Twitter XOM | Twitter $XOM | XOM Instablogs
Recent Market Alerts on XOM: All currents | Earnings | Dividends | M&A | On the move
Transcripts on XOM
- ExxonMobil's CEO Hosts 2013 Analyst Meeting Conference (Transcript)
- Exxon Mobil Management Discusses Q4 2012 Results - Earnings Call Transcript
- Exxon Mobil's Management Discusses 2013 Energy Outlook Conference Call (Transcript)
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