EveryJoe » exxon mobil http://www.everyjoe.com Sports News - Tech Reviews - Entertainment - Life Tips for EveryJoe Thu, 26 Nov 2009 23:30:07 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 Nigerian Militants Threaten Oil Companies http://www.everyjoe.com/articles/nigerian-militants-threaten-oil-companies/ http://www.everyjoe.com/articles/nigerian-militants-threaten-oil-companies/#comments Sun, 05 Jul 2009 01:36:25 +0000 Mark Ellis http://www.bizzia.com/?p=31616 Post from: EveryJoe

Nigerian Militants Threaten Oil Companies

]]> Oil companies that are trying to expand into Nigeria face a significant roadblock in the form of the Movement for the Emancipation of the Niger Delta, or MEND. This Nigerian militant group has threatened to destroy a planned trans-Saharan pipeline project, if it is ever built.
 
MEND has specifically warned Agip, Total, and Exxon Mobil, the three companies still operating in the Niger Delta, that they have three days to leave before new attacks may be launched. Chevron has already cancelled operations in the area because of several attacks on its onshore operations.
 
Niger and Nigeria have already forged an agreement to allow the $10-billion dollar pipeline deal, but MEND maintains confidence in its ability to demolish the pipeline if it is built. While Nigeria has decided to extend a pardon to the militants, MEND has stated that the pardon would only be the first step in resolving the “crisis.”

Pipeline (Image: Flickr)

Pipeline (Image: Flickr)

Post from: EveryJoe

Nigerian Militants Threaten Oil Companies

]]> http://www.everyjoe.com/articles/nigerian-militants-threaten-oil-companies/feed/ 0 Exxon Mobil Tops the Fortune 500 http://www.everyjoe.com/articles/exxon-mobil-tops-the-fortune-500/ http://www.everyjoe.com/articles/exxon-mobil-tops-the-fortune-500/#comments Mon, 20 Apr 2009 03:39:59 +0000 Stephen Kersey http://www.bizzia.com/?p=22746 Post from: EveryJoe

Exxon Mobil Tops the Fortune 500

]]> In both 2007 and 2008, Wal-Mart was on top of the Fortune 500, while Exxon Mobil finished in second place. For 2009, Exxon Mobil leapfrogged Wal-Mart and is now first while Wal-Mart finished in the second slot.

The Fortune 500 is released by Fortune magazine on a yearly basis and it lists the 500 richest corporations in the United States by using gross revenue as the measure. This year, Exxon Mobile topped the list with more than $440 billion in revenue. Wal-Mart was second with revenue of more than $405 billion.

Overall, the national economic woes was felt in the Fortune 500 rankings. The magazine reported that the earnings of the companies on the list fell by more than 80%. According to Fortune, that is the largest drop in a single year since it began putting together the rankings.

The top five on the Fortune 500 were rounded out by Chevron at three, ConocoPhillips at four and General Electric at five.

Exxon Mobil racking in the billions (Image: Flickr)

Exxon Mobil racking in the billions (Image: Flickr)

Post from: EveryJoe

Exxon Mobil Tops the Fortune 500

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