9 result(s) displayed (1 - 9 of 9):

Exxon has a JV in what? (from Corporate Dealmaker)

When hearing about lithium-ion batteries, one tends to think about cell phones, laptops or the hot hybrid and electric vehicle market. What you don't think about is film separator. But Exxon Mobil Corp. (NYSE:XOM) does. Now an ExxonMobil affiliate has agreed with Toray Industries Inc. to establish a global joint...

Posted on November 6, 2009 3:02 PM

CNPC borrows $30B for acquisitions (from Corporate Dealmaker)

Oil M&A is on the rise, i-banks are hiring in response, and China's run on commodities just got a hefty push. China National Petroleum Corp., parent of PetroChina Co. Ltd. (NYSE:PTR), is receiving a low-interest $30 billion loan to finance overseas acquisitions. Companies are trying to climb out of the...

Posted on September 9, 2009 2:54 PM

Three energy deals, $78B (from Corporate Dealmaker)

While there's been a frenzy of deals in the alternative energy market, fossil fuels still dominate the numbers when it comes to consumption and investment from companies such as Exxon Mobil Corp. (NYSE:XOM). Note these three deals involving China and Australia, Russia and Venezuela, and Iran and Malaysia.PetroChina Co....

Posted on August 18, 2009 10:47 AM

BP's convenience-store story (from Corporate Dealmaker)

Should oil giants run convenience stores? Some say no. Exxon Mobil Corp. (NYSE:XOM) and ConocoPhillips Co. (NYSE:COP) have sold their thousands of shops and exited the business. And a few say yes. A year ago, when last we looked at the topic, Chevron Corp.'s (NYSE:CVX) ExtraMile Convenience Stores were ranked...

Posted on July 9, 2009 9:40 AM

New ConocoPhillips deal strategy: Don't do 'em (from Corporate Dealmaker)

ConocoPhillips' M&A hopes have gone down with oil prices. After reporting a fourth-quarter net loss of $31.8 billion (mainly reflecting goodwill impairment on some assets)  the American oil major is playing it safe. "There is nothing in the $12.5 billion [2009 capital spending] program for acquisitions. We will live within...

Posted on January 29, 2009 3:17 PM

CD announces an alarming new economic indicator (from Corporate Dealmaker)

We call it the Exxon Mobil-General Motors Differential. It's the difference between the quarterly profit (or loss) shown by these two giants. The 2Q results released by the companies today put it at what must be an all-time high of $26.18 billion. That's the gap between GM's loss of $15...

Posted on August 1, 2008 12:40 PM

Corporate strategy, public policy and Exxon Mobil (from Corporate Dealmaker)

Yahoo! Inc. should have sold to Microsoft Corp. Motorola Inc. is right to be splitting up. Blockbuster Inc. should buy Circuit City Stores Inc. And Exxon Mobil Corp. should appoint a non-executive chairman, adjust its views about the importance of fossil fuels in the next 50 years and invest more...

Posted on May 16, 2008 11:37 AM

Proxy advisers to Exxon Mobil: Rockefellers are right (from Corporate Dealmaker)

An important voice just piped up in that great debate we described in our last few posts on energy companies.Proxy advisers ISS Governance Service (part of RiskMetrics now) has announced it supports the Rockefeller family's push to get Exxon Mobil Corp. to separate the chairman and CEO roles, and to...

Posted on May 9, 2008 11:48 AM

Strategic conundrum for big oil, and for the rest of us too (from Corporate Dealmaker)

Royal Dutch Shell plc is taking flack from environmentalists for its decision, announced last Thursday, to pull out of the $4 billion London Array project, which would be the world's biggest wind farm if built. This came in the same week that Exxon Mobil Corp. announced nearly $11 billion in...

Posted on May 5, 2008 8:45 AM