As leaders gather for a global climate summit, investors are rewarding oil giants like Exxon Mobil that did not embrace wind and solar.
Tag: Exxon Mobil Corp
Exxon Chief to Trump: Don’t Withdraw From Paris Climate Deal
Darren Woods was one of only a few Western oil executives attending a global climate conference in Baku, Azerbaijan.
F.T.C. Clears Exxon Mobil’s Acquisition of Pioneer Natural Resources
The Federal Trade Commission will bar Pioneer’s chief executive, Scott Sheffield, from joining Exxon’s board, saying he colluded with OPEC to reduce oil production.
Exxon Mobil and Chevron Report Lower Earnings
Profits for the two oil giants, which are locked in a standoff over drilling off the coast of Guyana, were squeezed by lower profitability for refining crude and falling natural gas prices.
Two Young Climate Scientists. Two Visions of the Solution.
The friends recently spent hours confronting the choices that will shape their careers, and the world. Their ideas are very different.
Ex-Im Bank Faces Push Back on Funding of LNG Terminal in Papua New Guinea
After the recent decision to pause the approval process on a giant new export terminal in Louisiana, activists are hoping to stop American money from supporting a project in Papua New Guinea.
A Cold War Era Dispute Between Venezuela and Guyana Complicates U.S. Relations
Venezuela’s territorial claim has been made against leftists and by leftists. It’s been about colonialism, nationalism, Cold War and oil, and it’s complicating U.S. foreign policy.
Chasing Big Mergers, Oil Executives Dismiss Peak Oil Concerns
Exxon Mobil and Chevron are spending tens of billions of dollars buying oil and gas assets, betting that the International Energy Agency’s predictions of declining oil demand are wrong.
She’s on a Mission From God: Suing Big Oil for Climate Damages
A lawyer started small with a creative tactic. It grew into an effort that could force fossil fuel companies to pay hundreds of billions in damages.
Exxon Mobil Sues to Try to Block EU Windfall Tax
European subsidiaries of the American oil giant filed a lawsuit with a European Union court seeking to stop the tax, which Exxon Mobil said could cost it billions of dollars.