Exxon Mobil Corp on Tuesday assured shareholders its pending transfer of legal address from New Jersey to Texas is not a downgrade in terms of shareholder participation in governance decisions.
Chevron struck a deal with Eneos to sell it its 50% interest in Singapore Refining Company. The Japanese energy major will pay close to $2.2 billion for the stake, media reported. As part of the deal, Eneos will also acquire other Chevron assets across Southeast Asia and Australia.
Curious Minds Corner
How many gallons of gasoline does one barrel of crude oil actually yield?
About 19-20 gallons after refining, with the rest becoming diesel, jet fuel, and other products.