Anchorge -- Thousands of gallons of oil from Alaska's 1989 Exxon Valdez spill are trapped in compacted beach sediment, scientists said.

Anchorge-- A state judge says Alaska's Department of Natural Resources did not give Exxon due process when it canceled 31 potentially lucrative leases last year.

Houston -- Exxon Mobil Corp. Monday said it reached a deal to buy U.S. energy company XTO Energy Inc. for $41 billion.

Baghdad -- The Iraqi Oil Ministry granted Exxon Mobil Corp. and Royal Dutch Shell the rights to the West Qurna-1 oil field, awarding the contract over two other bids.

New York -- U.S. markets turned sharply higher Thursday following four flat trading sessions.

Irving, Texas -- Oil giant Exxon Mobil, which once disdained alternative energy exploration, announced it will explore biofuels development.

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