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Exxon Mobil

Mark Zuckerberg

Facebook, Amazon join $300-bn Market Cap Club

The significant jump in shares of Facebook and Amazon took them into $300-billion club on 4 October. The market capitalization of Facebook soared to $303.6 billion surpassing General Electric's (GE) $299.1 billion.

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Solar Power

Like shale oil, solar power is shaking up global energy

One by one, Japan is turning off the lights at the giant oil-fired power plants that propelled it to the ranks of the world's top industrialized nations. With nuclear power in the doldrums after the Fukushima disaster, it's solar energy that is becoming the alternative.

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Exxon Mobil

Shell challenges Exxon dominance with $70 billion bid for BG

Royal Dutch Shell (RDSa.L) agreed to buy smaller rival BG Group (BG.L) for 47 billion pounds ($70 billion) in the first major energy industry merger in more than a decade, closing the gap on market leader U.S. Exxon Mobil (XOM.N) after a plunge in prices.

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Pump jack

Removing U.S. oil ban would create jobs beyond drilling: report

Lifting a 40-year-old U.S. ban on crude exports would create a wide range of jobs in the oil drilling supply chain and broader economy even in states that produce little or no oil, according to a report released on Tuesday.

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Trader

New year may mean new view on energy stocks

Last year was an ugly one for the U.S. energy sector, and while the first trading day of 2015 pointed to continued weakness in oil, investors are starting to look to when the sector might start to recover.

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Trader

Wall Street rallies after Fed statement; S&P has best day this year

The S&P 500 scored its best day since October 2013 on Wednesday as the Federal Reserve gave an upbeat assessment of the economy and said it would take a patient approach toward lifting interest rates.

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Exxon Mobil

Exxon, Chevron results boosted by refining as oil prices slip

A surge in refining profits boosted quarterly results at Exxon Mobil Corp (XOM.N) and Chevron Corp (CVX.N), helping to offset declining oil and gas production and falling crude oil prices.

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Total SA

Tanzania talks with Total, BP on hydrocarbon exploration

Tanzania has held talks with France's Total (TOTF.PA) and Britain's BP (BP.L) over oil and gas exploration, its energy ministry said on Saturday, aiming to add to major companies active in its thriving energy sector.

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Exxon Mobil

Exxon winds down drilling as U.S. sanctions hit Russia

Exxon Mobil said on Friday it will wind down drilling in Russia's Arctic in the face of U.S. sanctions targeting Western cooperation with Moscow's oil sector, after the Obama administration granted a brief extension to safely mothball its operations.

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Total SA

Total acquires stake in InterOil's Papua New Guinea LNG assets for USD3.6 billion

Total, Europe's third-biggest oil company, will purchase a 61.3% stake in InterOil Corp.'s liquified natural gas project in Papua New Guinea. The acquisition deal is worth USD3.6 billion.

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Exxon Mobil

Exxon to exit 25% stake in Iraq oilfield to PetroChina

US oil major Exxon Mobil will sign over its 25% stake in Iraq's West Qurna1 oilfield project to China's largest energy company PetroChina. Exxon previously offered to sell its entire stake in the oilfield following a disagreement with Iraq's central government.

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CLP Holdings

CLP Holdings say it will buy stakes in two Exxon Mobil units for USD 1.8 billion

CLP Holdings said it will be purchasing stakes in Castle Peak Power Co and Hong Kong Pumped Storage Development Co for a price tag of USD 1.8 billion.

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Warren Buffet

Berkshire Hathaway purchases USD 3.45 billion stake in Exxon Mobil Corp

Warren Buffet's Berkshire Hathaway Inc has purchased 40.1 million shares in the world's largest publicly traded oil company Exxon Mobil Corp in a deal worth USD 3.45 billion.

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Apple

Apple world’s most valuable company, once more

Apple became the world’s most valuable company once more Thursday.

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