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Home Icon > About Us > News > What Does Exxon-Mobil’s Historic Losing Streak Mean For Offshore Oil?

What Does Exxon-Mobil’s Historic Losing Streak Mean For Offshore Oil?

By Kevin Crowley (Bloomberg) — Exxon Mobil posted a loss for a third straight quarter, a day after the oil giant announced it will cut 15% of its workforce in an attempt to shield its dividend. Exxon is confronting one of its biggest crises since Saudi Arabia began nationalizing its oilfields in the 1970s. The company […]

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