ABU DHABI / WAM ADGM, the international financial centre of Abu Dhabi, is entering its …
Read More »Exxon’s refining ‘shocker’ puts Rockefeller legacy in doubt
Bloomberg Exxon Mobil Corp’s worst refining performance in almost two decades may revive questions about the so-called integrated model engineered by founder John D. Rockefeller and espoused by every CEO in the company’s 149-year history. A surprise loss in a business line Exxon typically relies on to prop up more volatile units eroded first-quarter profit and cast doubt on the …
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