Exxon Mobil Corp
Houston area officials at odds with chamber on voting bills

By Juan A. Lozano May. 05, 2021 06:46 PM EDT
HOUSTON (AP) — The top two elected officials in the Houston area on Wednesday expressed rare public criticism of the region’s largest chamber of commerce and...

Shown is an Exxon service station sign in Philadelphia, Wednesday, April 28, 2021. Exxon Mobil reported profits of $2.73 billion in the first quarter, after a tumultuous year led to major spending reductions. The The Irving, Texas company produced 3.8 million barrels of oil per day in the first quarter, up 3% from the fourth quarter of 2020. (AP Photo/Matt Rourke)
Exxon posts $2.7B quarterly profit after unprecedented year

By Cathy Bussewitz Apr. 30, 2021 08:09 AM EDT

FILE - In this April 16, 2020, file photo, the Amazon logo is displayed in Douai, northern France. Amazon’s pandemic boom isn’t showing signs of slowing down. The company said Thursday, April 29, 2021, that its first-quarter profit more than tripled from a year ago, fueled by the growth of online shopping. It also posted revenue of more than $100 billion, the second quarter in row that the company has passed that milestone. (AP Photo/Michel Spingler, File)
Amazon's profit more than triples as pandemic boom continues

By Joseph Pisani Apr. 29, 2021 04:27 PM EDT

FILE - In this Tuesday, Feb. 2, 2020, file photo, pump jacks operate in an oilfield as the sun begins to set on the horizon in Midland, Texas. Energy companies spent the first quarter of 2021 recharging after a draining year amid the coronavirus pandemic. (Jacob Ford/Odessa American via AP, File)
Recharged: Energy seen as big winner after disastrous 2020

By Damian J. Troise Mar. 25, 2021 09:10 AM EDT

FILE - In this March 3, 2018, file photo, musher Aliy Zirkle runs her team during the ceremonial start of the Iditarod Trail Sled Dog Race in Anchorage, Alaska. There has been another dramatic change to the world’s most famous sled dog race this year because of the pandemic, with officials announcing Friday, Feb. 5, 2021, that the ceremonial start has been canceled. (AP Photo/Michael Dinneen, File)
Iditarod drops ceremonial start over crowd-size concerns

By Mark Thiessen Feb. 05, 2021 09:17 PM EST

FILE - This Aug. 4, 2020 file photo shows the logo of British Petroleum in west London. Oil giants Exxon and BP have reported staggering losses for 2020 as the pandemic crushed energy demand and caused oil prices to tumble. (AP Photo/Alastair Grant, File)
Hit by pandemic, oil giants Exxon, BP post huge 2020 losses

By David Koenig Feb. 02, 2021 01:23 PM EST

In this photo provided by the New York Stock Exchange, a pair of traders work on the floor, Tuesday Feb. 2, 2021. Stocks were broadly higher in afternoon trading Tuesday, but shares of closely watched companies like GameStop and AMC Entertainment were falling sharply. (Colin Ziemer/New York Stock Exchange via AP)
Asian shares mostly higher, China markets fall back

By Damian J. Troise And Alex Veiga Feb. 02, 2021 01:41 AM EST

FILE - In this March 18, 2020, file photo, a crowd standing behind ExxonMobile signage watches as Thomas Waerner, of Norway, arrives in Nome, Alaska to win the Iditarod Trail Sled Dog Race. The world's most famous sled dog race has lost another major sponsor as the Iditarod prepares for a scaled-back version of this year's race because of the pandemic, officials said Thursday, Jan. 21, 2021. ExxonMobil confirmed to The Associated Press that the oil giant will drop its sponsorship of the race. (Marc Lester/Anchorage Daily News via AP, File)
ExxonMobil becomes latest sponsor to sever Iditarod ties

By Mark Thiessen Jan. 21, 2021 08:08 PM EST

FILE - In this May 14, 2020 file photo, Terry Sullivan, general manager of Fondren Fitness, a Jackson, Miss., fitness center, sanitizes a workout machine. Fitness regimens shifted from the gym to the home in a big way during 2020. Interactive fitness bike maker Peloton was one of the biggest winners of the workout-from-home trend as gyms did not fare so well as people avoided crowded places. (AP Photo/Rogelio V. Solis)
Some businesses thrived, many lagged during pandemic in 2020

The Associated Press Dec. 23, 2020 11:50 AM EST

FILE - In this Dec. 19, 2019 file photo, the advertising label of the Organization of the Petroleum Exporting Countries, OPEC, shines at their headquarters in Vienna, Austria. OPEC and allied countries including Russia agreed Thursday, Dec. 3, 2020 to increase oil production by 500,000 barrels a day from January and said they would meet monthly to decide further output levels, gingerly adding more crude to a global economy still suffering from the COVID-19 pandemic. (AP Photo/Ronald Zak, File)
OPEC, Russia to nudge up oil output after hit from pandemic

By David Mchugh Dec. 03, 2020 01:40 PM EST

FILE- This April 25, 2017, file photo, shows an Exxon service station sign in Nashville, Tenn. Exxon Mobil reported on Friday, Oct. 30, 2020, lost $680 million in the third quarter as the global pandemic curtailed travel throughout the world, diminishing the need for fuel. Revenue tumbled to $46.2 billion, down from $65.05 billion during the same quarter last year.(AP Photo/Mark Humphrey, File)
Losses mount for oil companies as pandemic grips economy

By Cathy Bussewitz Oct. 30, 2020 07:51 AM EDT

FILE - In this April 23, 2018, file photo, the logo for ExxonMobil appears above a trading post on the floor of the New York Stock Exchange. Exxon Mobil is slashing 1,900 jobs from its U.S. workforce as the pandemic continues to sap demand for fuel. The Irving, Texas-based oil giant said on Thursday, Oct. 29, 2020, the reductions will be both voluntary and involuntary and will largely come from its management offices in Houston. (AP Photo/Richard Drew, File)
Exxon, Chevron to cut US jobs as oil industry struggles

By Cathy Bussewitz Oct. 29, 2020 12:12 PM EDT

FILE - In this April 21, 2020, file photo the Marathon Petroleum Corp. refinery is shown in Detroit. Thousands of oil and gas operations, government facilities and other sites won permission to stop monitoring for hazardous emissions or otherwise bypass rules intended to protect health and the environment because of the coronavirus outbreak, The Associated Press has found. (AP Photo/Paul Sancya, File)
Thousands allowed to bypass environmental rules in pandemic

By Ellen Knickmeyer, Cathy Bussewitz, John Flesher, Matthew Brown And Michael Casey Aug. 24, 2020 05:33 AM EDT

FILE - In this May 26, 2020, file photo, a man wearing a protective face mask passes the New York Stock Exchange, as employees arrive for the partial reopening of the trading floor. Stocks are climbing in early trading on Monday, Aug. 24 on Wall Street, adding to their record-breaking run from last week. The S&P 500 was up 0.7% after the first 25 minutes of trading, following up on solid gains for stock markets across much of Europe and Asia. (AP Photo/Mark Lennihan, File)
US stocks join global rally amid COVID treatment hopes

By Stan Choe And Damian J. Troise Aug. 24, 2020 02:01 AM EDT

In this Friday, Aug. 14, 2020, photo New Hampshire Rep. Nancy Murphy, D-Merrimack, poses for a photo in the under-construction water filtration site for two of her town's contaminated wells, which is about two miles from the Saint-Gobain plastics factory in Merrimack, N.H. (AP Photo/Charles Krupa)
Thousands allowed to bypass environmental rules in pandemic

By Ellen Knickmeyer, Cathy Bussewitz, John Flesher, Matthew Brown And Michael Casey Aug. 24, 2020 12:24 AM EDT

Dr. Joel Parrott, President and CEO of the Oakland Zoo, talks about the struggles the zoo has faced in the coronavirus threat during an interview in Oakland, Calif., on April 14, 2020. Zoos and aquariums from Florida to Alaska are struggling financially because of closures due to the coronavirus pandemic. "We have already lost the bulk of our summer revenue and are living off whatever reserves we have left, but they are going to run out at some point," said Parrott. (AP Photo/Ben Margot)
Financially struggling zoos could be latest pandemic victims

By Olga R. Rodriguez Aug. 01, 2020 11:01 AM EDT

FILE - In this April 23, 2018, file photo, the logo for ExxonMobil appears above a trading post on the floor of the New York Stock Exchange. Exxon lost $1.1 billion in the second quarter, Friday, July 31, 2020, its economic pain deepening as the pandemic kept households on lockdown, diminishing the need for oil around the world. (AP Photo/Richard Drew, File)
Oil giants lost billions as pandemic crushed demand for fuel

By Cathy Bussewitz Jul. 31, 2020 08:05 AM EDT

Update on the latest in business:

May. 19, 2020 01:15 PM EDT
FINANCIAL MARKETS Stocks mixed after big Monday gain NEW YORK (AP) — Stocks are mixed on Wall Street Tuesday, a day...

FILE - In this April 23, 2018, file photo, the logo for ExxonMobil appears above a trading post on the floor of the New York Stock Exchange. Profits fell at Exxon Mobil, Friday, May 1, 2020, during the first quarter as the global pandemic began to erode oil demand. The Irving, Texas oil giant lost $610 million in the first quarter, down 126% from the same time last year.(AP Photo/Richard Drew, File)
Exxon profits drop as most of world stays home, forgoes fuel

By Cathy Bussewitz May. 01, 2020 08:16 AM EDT

A man stands in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, May 1, 2020. Shares have dropped in Asia after Wall Street ended its best month in 33 years with losses on fresh news of economic carnage from the coronavirus pandemic. (AP Photo/Eugene Hoshiko)
Stocks slide as Amazon, other companies detail virus fallout

By Stan Choe, Alex Veiga And Damian J. Troise May. 01, 2020 04:56 AM EDT