Driven by higher margins and improved operations in downstream and chemical businesses, Exxon Mobil posted a 3 percent hike in net profit in the third quarter of 2014, from a year ago period. Net profit at Exxon Mobil, the world’s ...
To be able to withstand the challenge from low priced petrochemicals from the US in future, Asia’s biggest retailer, Sinopec Corp, earlier called China Petroleum and Chemical Corp, is gearing up to reduce its petrochemical production ...