These stocks are hitting their trendline resistance. This is a bearish signal that means the stock might meet resistence in attempting to break out to a higher price.

Share |. Shares of Chevron Corporation (NYSE:CVX) edged up yesterday after the energy giant unveiled a plan to proceed with expansion of a natural gas field in northwestern Bangladesh.

Exxon Mobil Set to Sell Assets as Production Fell 5.6%. Exxon Mobil Corporation (NYSE:XOM) said on Wednesday that its planned maintenance work at its oil refinery in Torrance, Calif.

Reuters has reported that Exxon Mobil Corporation (NYSE:XOM) will offer fewer Asian benchmark gasoil cargoes from its Singapore refinery for July and August.

Apache Corp. (APA) is scheduled to report its Q2 2012 results on August 2, 2012, after the bell. The Street expects EPS and revenue of $2.53 and $4.26B, respectively.

total. Judging by today's report of TOTAL S.A. (EPA:FP) (NYSE:TOT) buying a stake in Kurdistan oil blocks, the steady trickle of companies signing up with the Kurds may soon become a flood.

OAO Rosneft Oil Company (RNFTF.PK), the Kremlin's main national oil company [NOC], is the leader of Russia's petroleum industry, and ranks among the world's top publicly traded oil and gas companies.

Exxon Mobil Begins Key Drilling. Exxon Mobil Corporation (NYSE:XOM) has announced that it has started drilling for natural gas in a key part of Papua New Guinea.

Shares of Exxon Mobil Corporation (NYSE:XOM) traded near 52-week highs, though faced a rating cut on Friday by UBS because of weak production trends, more reliance on asset sales to hit earnings numbers, and other factors.

Exxon Mobil (NYSE:XOM) reported a 49% increase in Q2 profits over the same period last year, mainly due to $7.5 billion in gains from asset sales.