Word: exxonmobils
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Dates: during 2000-2009
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...raging and there are no good bars, but all in all, Aceh, Indonesia, is not a bad place to live if you're a foreign employee of the biggest, most profitable corporation on earth. The people who oversee ExxonMobil's gas fields in the province are generally housed in a company-built neighborhood called Bukit Indah. It is a fenced-off and fortified oasis of ranch-style homes and green lawns, a place where kids ride bikes, carefree, on tree-lined streets. There are swimming pools, tennis courts and a nearby golf course. Weekends bring barbecues or softball games...
...late '90s. And relative prices are still lower than they were in the '60s. That's not to say refinery profit margins haven't increased handsomely from the supply squeeze. Operating profits have surged this year at refiners like Valero and big oil companies like BP Amoco and ExxonMobil. "Refiners have made a killing over the past 15-to-18 months," says Chris Stavros, an oil-industry analyst at UBS Warburg. Stavros points out that the suppliers aren't gouging; they are simply reaping the benefits of market economics swinging their...
...pain at the pump has put Big Oil in the profiteering spotlight again, albeit with an Internet twist. At least one widely distributed chain e-mail encourages readers to boycott stations operated by ExxonMobil, the largest gasoline retailer in the U.S. Exxon's profits roared 44% higher in the first quarter, to $5 billion, on fattened profit margins. The 27 largest energy firms in the U.S. earned $14.1 billion in the fourth quarter of 2000--more than double their profits in the same period a year earlier, reports the Energy Information Agency. Of course, there were no complaints while Exxon...
...late '90s. And relative prices are still lower than they were in the '60s. That's not to say refinery profit margins haven't increased handsomely from the supply squeeze. Operating profits have surged this year at refiners like Valero and big oil companies like BP Amoco and ExxonMobil. "Refiners have made a killing over the past 15-to-18 months," says Chris Stavros, an oil-industry analyst at UBS Warburg. Stavros points out that the suppliers aren't gouging; they are simply reaping the benefits of market economics swinging their...
...pain at the pump has put Big Oil in the profiteering spotlight again, albeit with an Internet twist. At least one widely distributed chain e-mail encourages readers to boycott stations operated by ExxonMobil, the largest gasoline retailer in the U.S. Exxon's profits roared 44% higher in the first quarter, to $5 billion, on fattened profit margins. The 27 largest energy firms in the U.S. earned $14.1 billion in the fourth quarter of 2000--more than double their profits in the same period a year earlier, reports the Energy Information Agency. Of course, there were no complaints while Exxon...