One of the largest oil companies of United States, ExxonMobil is expanding its Houston campus which will be enough to accommodate 10,000 workers in 2014.
Marathon Oil (NYSE: MRO) on Tuesday became the latest large U.S. oil company to report sour results for the third quarter of 2009 when compared to a year earlier. But the company continues to maintain a global portfolio of promising exploration and production prospects that deserves your attention.
If you've been watching Brazil, the de facto new center of the energy universe since its big Tupi field was discovered two years ago, you may want to hone in even more closely on the goings on in the country.
Petrobras (NYSE: PBR) is among the top oil companies in the world, with reserves and production that stack up favorably against U.S. majors like Chevron (NYSE: CVX) and other global giants like Total. But investors have been particularly giddy about the company for the past couple of years, as it has hit on some very significant new oil fields, including Tupi, which likely holds 5 billion to 8 billion barrels of oil, and Carioca, which has been rumored to contain a massive 33 billion barrels or more.