Friday , 19 December 2025

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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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Total’s cash flow up as record output offsets low oil prices

Bloomberg Total SA boosted cash flow in the first quarter as record hydrocarbon output and so-aring sales of liquefied natural gas compensated for a drop in crude prices. The French energy giant’s earnings are the latest sign of the industry’s recovery from a deep downturn, with Total benefiting from the start of giant LNG projects from Australia to the Arctic …

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Investors brace for big week of insights into world economy

Bloomberg The world economy’s ability to rebound from its recent soft patch will be tested anew as data is released from Washington to Beijing. Federal Reserve officials conclude a meeting on Wednesday amid expectations they won’t change their monetary policy settings as counterparts elsewhere follow its dovish turn. A press conference by Chairman Jerome Powell will be eyed for insights …

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