ExxonMobil announced an agreement with Global Clean Energy Holdings to purchase 2.5 million barrels of renewable diesel per year for five years.
August 14, 2020ExxonMobil News Updates
Exxon Says 20% of Oil, Gas Reserves Threatened by Low Prices
ExxonMobil Corp. warned that low energy prices may wipe as much as one-fifth of its oil and natural gas reserves off the books.
August 5, 2020Exxon Profits Drop as Most of World Stays ºÚÁϳԹÏÍø
NEW YORK — Profits fell at ExxonMobil as the global pandemic began to erode oil demand.
May 1, 2020Exxon Outlines Steps to Reduce Harmful Methane Emissions
NEW YORK — ExxonMobil on March 3 outlined how it is reducing the methane its operations release into the atmosphere, detailing its efforts as governments around the globe write new rules to regulate the harmful greenhouse gas.
March 3, 2020Exxon Mobil Prevails in Lawsuit Over Climate Regulations
NEW YORK — Exxon Mobil won Dec. 10 in a closely watched lawsuit over the costs of climate change, with a judge saying there was no proof the energy giant duped investors about the toll that regulations could take on its business.
December 11, 2019Exxon Profit Plummets With Plenty of Oil to Go Around
IRVING, Texas — Exxon Mobil’s profit tumbled with crude prices down about 15% from where they were last year, though a $300 million boost from a tax-related item helped.
November 1, 2019Exxon Is Discouraging Witnesses in Climate Suit, N.Y. Says
New York accused Exxon Mobil Corp. of trying to discourage potential witnesses in a state lawsuit alleging the oil and gas company misled investors about the financial impact of climate change.
August 8, 2019Amazon, ExxonMobil Among Corporations Called Out Over Climate Transparency
Amazon.com, Exxon Mobil Corp. and Volvo are among more than 700 companies being targeted in a campaign backed by a large group of investors advocating for greater transparency when it comes to environmental impact.
June 17, 2019Exxon, Saudis Bet on Plastic, Chemicals With Coastal Texas Plant
Exxon Mobil Corp. and Saudi Arabia’s state-controlled petrochemicals company formally approved construction of a chemical complex in Texas that will process production from the Permian Basin’s booming oil and natural gas wells.
June 14, 2019Exxon, Chevron to Face Climate Change Pressure From Investors
Exxon Mobil Corp. and Chevron Corp.’s unwillingness to venture beyond their core oil and gas business will face a test May 29 when shareholders vote on climate change proposals at both oil companies’ annual meetings.
May 28, 2019Trending
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