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Category Archives: ExxonMobil

The Real Story Behind Goldman’s Q2 Trading Loss: How A $100M Gas Bet Went Awry

Goldman Sachs FICC-trading income was an unexpectedly ugly blemish on what was already a poor Q2 earnings report. And while the FDIC-backed hedge fund initially blamed the decline on lower trading revenues, lack of volatility and depressed client activity… … there was more to the story. The Wall Street Journal has uncovered what really happened: […]

Lavrov & Tillerson Hold Joint Press Conference – Live Feed

Having met with Vladimir Putin, US Secretary of State Rex Tillerson and Russia Foreign Secretary Sergei Lavrov are set to hold a joint press conference… Bloomberg’s Paula Dwyer notes that Trump is now the fourth consecutive president who started off seeking a Russia reboot — only to have a change of heart about the relationship […]

THE BLOOD BATH CONTINUES IN THE U.S. MAJOR OIL INDUSTRY

By the SRSrocco Report, The carnage continues in the U.S. major oil industry as they sink further and further in the RED.  The top three U.S. oil companies, whose profits were once the envy of the energy sector, are now forced to borrow money to pay dividends or capital expenditures.  The financial situation at ExxonMobil, […]

THE BLOOD BATH CONTINUES IN THE U.S. MAJOR OIL INDUSTRY

By the SRSrocco Report, The carnage continues in the U.S. major oil industry as they sink further and further in the RED.  The top three U.S. oil companies, whose profits were once the envy of the energy sector, are now forced to borrow money to pay dividends or capital expenditures.  The financial situation at ExxonMobil, […]

Trump’s Secretary of State Pick Will “Determine War or Peace With Russia” Through His Power Over Energy

President Putin shakes the hand of Rex Tillerson, Trump’s pick for Secretary of State. This article was written by Aaron Dykes and originally published at TruthstreamMedia.com. Editor’s Comment: It will interesting to see what happens next. The future depends not only on what kind of president Mr. Trump will be, but also on what kind […]

Frontrunning: December 13

Trump Picks Exxon Chief for State Amid Concerns (Reuters) Buoyant Markets Pose New Challenge for the Fed (WSJ) Tweeter-in-Chief Trump Faces Test After Yellen’s Rate Decision (BBG) Trump Dissing Daily Intelligence Briefing Worsens Rift With CIA (BBG) SWIFT confirms new cyber thefts, hacking tactics (Reuters) UniCredit share issue lifts banks before Fed meeting (Reuters) Senate […]

Trump Picks Exxon CEO Rex Tillerson As Secretary Of State

In a move that is certain to infuriate those who see Trump as nothing more than a puppet of the Kremlin, moments ago NBC reported that Rex Tillerson, CEO of Exxon Mobil and late entrant into the SecState race after his first meeting with the president elect this past Tuesday at the Trump Tower, has […]

Mounting Debt for Oil Drillers

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. financialsense.com / BY OIL PRICE / 01/08/2015 In recent years oil exploration companies have taken on more debt in order to finance their operations. The level of debt in the upstream sector – excluding integrated oil companies like ExxonMobil – […]