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Exxon mobil News

Exxon Mobil will lower greenhouse gas emissions intensity by 2025

Irving - U.S. oil giant Exxon Mobil is setting short-term targets to reduce its greenhouse gas emissions over the next five years as the company responds to investor and public pressure to address climate change.

Exxon Mobil dropped from the Dow Jones after Apple stock split

New York - Exxon Mobil, which joined the Dow Jones Industrial Average in 1928, is being removed from the blue-chip stock market index. Its replacement: enterprise software company

Exxon Mobil profits drop 49 percent as oil and gas prices drop

Exxon Mobil's third-quarter profits dived 49 percent - hit by lower oil and gas prices and weaker margins in refining and chemicals, with its three major businesses reporting a lower year-over-year profit.

Canada's oil sands still struggling and investors are worried

March has brought a string of setbacks for Canada's struggling tar sands oil industry, including the further delay of two proposed pipelines, a poor forecast for growth and signs that investors may be growing wary.

Exxon shareholders vote for historic 'climate change' clause

It's not been the best week for environment news, with President Donald Trump poised to pull out of the Paris climate accord. However, one positive is with shareholders in Exxon Mobil backing a motion for the company to assess the climate change risk.

Exxon announces $20 billion plan for Gulf Coast projects

On Monday afternoon, Exxon Mobil Corp. announced its plans to spend $20 billion over a period of 10 years on refineries and chemical and liquefied natural gas plants along the gulf Coast.

Op-Ed: Pro-science California pledges to launch 'own damn satellite'

California Governor Jerry Brown had strong words against a potentially climate denying U.S. federal government on Wednesday, stating that if Trump intends to take down earth science satellites, then California will launch its “own damn satellite.”

Fossil fuel companies under investigation for climate fraud

Vocal notice was given to Exxon Mobil and other fossil fuel companies on Tuesday that they will be held accountable for fraud and suppressing key evidence of global warming.

Green Thumbs Up: Calif. investigates Exxon Mobil over SEC rules

Sacramento - California Attorney General Kamala Harris is investigating Exxon Mobil over claims the company lied to its shareholders about climate change and the risks that global warming could pose to its business.

Op-Ed: Scientist who is the darling of climate change deniers feels heat

A scientist who is the darling of climate change deniers is feeling the heat after it was discovered that he has accepted $1.3 million in funding from private interest groups, including Exxon Mobil and Koch Industries.

California ExxonMobil refinery rocked by explosion

The city of Torrance, California was rocked this morning when an explosion and fire occurred at the ExxonMobil refinery in the 3700 block of West 190th Street, injuring four workers and showering the area with ashes.

Western-based multinationals may suffer from sanctions on Russia

Moscow - Western multinational energy companies already have $35 billion invested in Russian oil development. New sanctions on Russia by the US and EU may put that investment at some risk.

Western Big Oil still doing big business with Russia

Saint Petersburg - The White House urged executives of large American companies to boycott the annual St. Petersburg business forum in May of this year. Many did, however, they sent other officials in their place.

Pegasus pipeline leak is at least 80,000 gallons

Mayflower - Exxon- Mobil and the U.S Environmental Protection Agency are currently estimating the size of the Pegasus pipeline spill to be between 80 to 84,000 gallons but are still trying to pin down the damage of the bitumen leak.

Exxon Pegasus pipeline ruptures and spills Canadian bitumen

Mayflower - Exxon-Mobil is mobilizing all of their resources to clean up a rupture in the Pegasus pipeline which has caused thousands of gallons of Canadian bitumen fuel to evacuate 22 homes in what the U.S. Environmental Agency has categorised as a "major spill".

ExxonMobil deal with Kurds strains relations with Iraq government

Baghdad - The Iraqi government has issued an admonishment to the largest American oil company over the company’s reported efforts to expand its oil holdings into the Kurdish region in the country’s north.

ExxonMobil pipeline Spills Crude oil Into Yellowstone River

An ExxonMobil pipeline has released crude oil into the Yellowstone River, which is located right in Montana. The amount of oil is undetermined as of now.

Exxon Mobil tops 2009 Fortune 500 list

Energy giant Exxon Mobil gains top place on Fortune magazine’s list of the 500 biggest publicly traded companies, based on revenue.

Exxon Mobil posts record profits of $45.2 billion in 2008

Exxon Mobil Corp. released their annual financial report on Friday and showed a record $45.2 billion profit for the year 2008, beating their own record they set last year. Income decreased from $11.7 billion to $7.8 billion.

Venezuela Stops Oil Sales to Exxon Mobil

As promised earlier, Venezuela will cut off oil supplies to United States, including selling crude oil to Exxon Mobil. This is in response to Exxon using the courts to seize billions of dollars in Venezuelan assets.

Five-Star Awards For The St. Regis And Lespinasse Restaurant

WHITE PLAINS - Exxon Mobil Corporation announced the recipients of the prestigious 2001 Mobil Travel Guide Five-Star Awards and have again included The St. Regis, New York and its fine-dining restaurant, Lespinasse. The St. Regis Hotel is owned by Wh...

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