Tag - oil companies
Democrats in the US Congress have decided to take on big oil companies after the gasoline prices hit a near-record $3.05 per gallon within a week. Picketing in front of an Exxon station near the Capitol Hill, half a dozen senators belonging to the...
Exxon Mobil, the world's biggest oil company, which earned a record $39.5 billion last year, plans to spend to the tune of $21 billion exploring for oil and expanding refineries this year as a worldwide shortage of drilling rigs inflates costs. The...
Foreign oil companies are finding it tough to ward off increasing pressure in Latin America as Honduras and Venezuela try to wield greater control over energy sector. However, U.S. oil firms have said that they will maintain their presence in...
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