Oil and Gas

ExxonMobil Sued Over Arkansas Pipeline Spill

Two Arkansas residents have filed a lawsuit against ExxonMobil. They’re seeking $5 million in damages, claiming a pipeline spill has caused a permanent drop in property values.

ExxonMobil: The Oil Giant Looks Like Big Buy

ExxonMobil's stock is trading at $60 a share -- just about where it was in March 2009 when the market plunged to its low. Even as oil has rebounded to $74 from $40 at that time, ExxonMobil still languishes. That could soon change.

Kosmos Weighing IPO

Kosmos Energy is reportedly considering launching an IPO in either the U.S. or U.K., which could carry a value of $5 billion, according to a Reuters...