By Joe Carroll
Oct. 30 (Bloomberg) — Exxon Mobil Corp., the world’s biggest oil company, said third-quarter profit jumped 58 percent, exceeding analyst estimates, as record crude prices made up for the largest drop in output in at least a decade.
Net income rose to $14.8 billion, or $2.86 a share, from $9.41 billion, or $1.70, [...]

By Adam Freeman
Oct. 8 (Bloomberg) — Eni SpA is planning to explore for natural gas and oil in Papua New Guinea, as Italy’s biggest energy company seeks to boost reserves.
The Rome-based company could make “similar investments as Exxon” Mobil Corp. in the state, Prime Minister Michael Somare told reporters in Rome today. He was [...]