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Tag: Exxon Mobil Corp

World

Russia’s Moves in Ukraine Unsettle Energy Companies and Prices

February 22, 2022Clifford Krauss and Stanley ReedComments Off on Russia’s Moves in Ukraine Unsettle Energy Companies and Prices

Oil and gas prices are up, and Western energy giants with operations and investments in Russia could find it harder to keep doing business there.

World

At McKinsey, Widespread Furor Over Work With Planet’s Biggest Polluters

October 27, 2021Michael Forsythe and Walt BogdanichComments Off on At McKinsey, Widespread Furor Over Work With Planet’s Biggest Polluters

A letter signed by more than 1,100 employees has called for change at the consulting firm, which has advised at least 43 of the 100 most environmentally damaging companies.

World

A Week of Big Blows for Big Oil

May 29, 2021IAN AUSTENComments Off on A Week of Big Blows for Big Oil

Two victories by environmental activists added to the uncertainty surrounding the industry and Canada’s oil sands.

World

Exxon Mobil’s Chief Says It Is ‘Supportive’ of Zero-Emission Goals

March 3, 2021March 3, 2021CLIFFORD KRAUSSComments Off on Exxon Mobil’s Chief Says It Is ‘Supportive’ of Zero-Emission Goals

Darren Woods, in an interview before an annual presentation to investors, also suggested there was common ground with Biden administration policies.

World

Suriname Could Be Latest Big Oil Find as Industry Cuts Costs

January 20, 2021January 21, 2021CLIFFORD KRAUSSComments Off on Suriname Could Be Latest Big Oil Find as Industry Cuts Costs

The small South American country has become a hot prospect for oil companies looking to produce fossil fuels while spending less.

World

‘Is Exxon a Survivor?’ The Oil Giant Is at a Crossroads.

December 10, 2020December 10, 2020CLIFFORD KRAUSSComments Off on ‘Is Exxon a Survivor?’ The Oil Giant Is at a Crossroads.

Exxon Mobil is struggling to find its footing as demand for oil and gas falls and world leaders and businesses pledge to fight climate change.

World

Mozambique Insurgents Stage Attacks Near Big Gas Projects

March 23, 2020REUTERSComments Off on Mozambique Insurgents Stage Attacks Near Big Gas Projects

Government troops were fighting Islamist fighters amid concern that the country’s growing gas industry may be under threat.

World

A Small Country, an Oil Giant, and Their Shared Fortune

March 18, 2020March 19, 2020ANATOLY KURMANAEV and CLIFFORD KRAUSSComments Off on A Small Country, an Oil Giant, and Their Shared Fortune

America’s biggest energy company, Exxon Mobil, made a big bet on a risky oil prospect in Guyana, a small South American nation. Now the oil giant is entangled in the fight for the country’s political future.

World

Guyana Leader Set to Take New Term After a Vote Denounced as Flawed

March 14, 2020March 14, 2020ANATOLY KURMANAEVComments Off on Guyana Leader Set to Take New Term After a Vote Denounced as Flawed

Electoral officials appear ready to give its president, David E. Granger, another term and control over the country’s new oil riches. Observers cry foul.

World

Oil Bonanza Plunges Guyana Into Political Crisis

March 5, 2020ANATOLY KURMANAEVComments Off on Oil Bonanza Plunges Guyana Into Political Crisis

The discovery of a wealth of oil in the tiny country, one of the poorest in South America, has deepened ethnic divisions and exacerbated tensions during a crucial election.

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