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Companies Save Big On Corporate Taxes With the Help of Lobbyists

If you are Exxon Mobil, Verizon or General Electric, chances are filing taxes over the past few years has been significantly less painful than for the average American

ExxonMobil and Rosneft ink deal for joint oil drilling in Russia

American oil giant ExxonMobil and Russian oil firm Rosneft inked an agreement to jointly search for black gold in the Arctic Sea shelf and Black Sea

More Taxes on Big Oil?

Some in Congress -- mostly Democrats, but a few Republicans -- are calling for an end to tax breaks enjoyed by the oil companies and in some cases, higher taxes on their profits. But the Obama administration is contributing to higher energy prices, which inflate the companies' bottom line. Here's how

Exxon Slow Evolution of an Oil Giant

The Rockefellers are preparing a resolution to present to shareholders at the Exxon's annual meeting. The proposal would require Exxon to disclose the risks it faces if demand for oil declines in coming years as the world turns to other sources of fuel. In other words, is Exxon worried about the future of oil and whether it's taking the risk of climate change seriously.