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Church of England, D.E. Shaw Join Activist Campaign Targeting Exxon Mobil
2020-12-10 21:10:00| OGI
The Church Commissioners, who manage the Church of England's investment fund, said they were "pleased to lend their support" to proposals from new hedge fund Engine No. 1 designed to "re-energize ExxonMobil."
Tags: join
england
church
mobil
Exxon Mobil Faces Proxy Fight Launched by New Activist Firm Led by Chris James
2020-12-07 19:35:00| OGI
New investment firm Engine No. 1 pushes the battered energy company Exxon Mobil, valued at $176 billion, to spend its cash better, preserve its dividend, and refresh its board.
Exxon Mobil to Focus on Guyana, Permian Assets Following $20 Billion Impairment Charge
2020-11-30 23:45:00| OGI
Exxon Mobil will focus on Guyana, where it discovered up to 8 billion barrels of oil, offshore Brazil, and the Permian Basin oil field, the company said.
Tags: charge
focus
mobil
assets
Exxon Mobil Scraps Potential Multibillion-dollar Asset Sale in Australia
2020-11-30 11:25:00| OGI
The decision by U.S. oil major Exxon Mobil comes just six weeks after the deadline for indicative bids for the portfolio set by adviser JPMorgan.
Tags: sale
australia
potential
mobil
Exxon Mobil Calls Latest Discovery Offshore Guyana Not Financially Viable
2020-11-17 20:26:13| OGI
The Tanager-1 well in the Kaieteur Block offshore Guyana discovered hydrocarbons but it does not appear to be financially viable on its own, a spokesman for the company said Nov. 17.
Tags: latest
calls
mobil
discovery
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