ExxonMobil Aids Communities In Developing Countries

Exxon Mobil Corp. pledged $1 million at the Clinton Global Initiative (CGI) to invest in the expansion of high impact, sustainable technologies that advance women economically in the developing world. The program is expected to directly benefit more than 13,500 people, with indirect benefits reaching more than 475,000 people in the next two years. The

BP To Pay $50.6 Million In Settlement

BP Products North America Inc. is set to pay a full penalty of $50.6 million stemming from the 2005 explosion at its Texas City, Texas, refinery that killed 15 workers and injured 170 others, the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has announced. The agreement resolves failure-to-abate citations issued after a

Chevron Reports First Quarter Income

Chevron Corp. has reported earnings of $4.55 billion ($2.27 per share – diluted) for the first quarter 2010, compared with $1.84 billion ($0.92 per share -diluted) in the 2009 first quarter. Results in the 2009 period included gains of approximately $400 million ($0.20 per share) from downstream asset sales. Foreign-currency effects reduced earnings in the

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