What is ExxonMobile Upto
Last year ExxonMobil (XOM) produced about 4.2 million barrels of oil/day. Is that enough ? Probably not. To add to their existing production volume, ExxonMobil has decided to invest in more than 20 new projects around the world over the next 3 years. This would bring in an additional 1 million barrels of oil/day to [...]
Foreign Investment in United States
In 2004, the total foreign direct investment (FDI) in the United States (U.S.) stood at $1.5 trillion, equivalent to $2.7 trillion in today’s market value which represents approximately 10% of the total current market value of all publicly traded companies in U.S. Geographic Breakdown European companies made up 65-70% of direct investment in the U.S., [...]
Buzz Around The Town
For a change i wanted to get hold of some interesting buzz going around the town. Here is what i found and by the way Happy Commercialized Valentine Day !! Low Oil Prices = Production CutSaudi Arabian Oil Minister said that if oil prices hold there will be no need for further production cuts when [...]