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The Latest Breaking News from Exxon

Louisiana’s flagship university lets oil firms influence research – for a price

Louisiana State University allowed Shell to influence studies after a $25m donation and sought funds from other fossil fuel firms

The Guardian - US

‘Wake-up call’: pipeline leak exposes carbon capture safety gaps, advocates say

Estimated 2,548 barrels of carbon dioxide leaked from Exxon pipeline in Louisiana on 3 April, triggering alarm among residents

The Guardian - US

2 Dividend Aristocrats Within the Energy Sector to Buy as Oil Prices Rise

Chevron and ExxonMobil stand out as formidable dividend aristocrats within the energy sector, offering compelling investment opportunities as they capitalize on global demand and strategic expansion initiatives.

Barchart

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Calpers Urges Exxon To Drop Climate Change Lawsuit

CalPERS calls on Exxon Mobil to drop lawsuit against climate-conscious investors, emphasizing importance of shareholder engagement on climate change.

Top News

Suriname Urges Exxon, Totalenergies To Unify Gas Projects

Suriname urges Exxon and TotalEnergies to collaborate on gas projects for mutual benefit and economic growth.

Top News

Economy and Society, March 19, 2024: Appeals court pauses implementation of SEC climate rule

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the environmental, social, and corporate governance (ESG) trends and events that characterize the growing intersection between business and politics.

Ballotpedia

Fury after Exxon chief says public to blame for climate failures

Darren Woods tells Fortune consumers not willing to pay for clean-energy transition, prompting backlash from climate experts

The Guardian - US

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Exxon CEO to world: "Pay the price"

Exxon CEO Darren Woods says Big Oil's not to blame for climate crisis, saying world "waited too long"

Salon

ExxonMobil is suing investors who want faster climate action

The oil and gas giant is suing investor groups that want it to slash climate pollution. Interest groups on both sides of the case say it could lead to more lawsuits against activist investors.

WEKU

Pioneer Natural Reports Strong Production Amid Exxon Takeover

Pioneer Natural Resources demonstrates operational excellence and resilience amidst potential Exxon takeover.

Top News

Maduro Vows To Bar ExxonMobil From Guyanese Region Claimed By Venezuela

Venezuelan President Nicolas Maduro has vowed to bar US petroleum giant ExxonMobil from the waters off the oil-rich region of Essequibo, which Caracas claims from Guyana as its own.

International Business Times

Reduce, reuse, redirect outrage: How plastic makers used recycling as a fig leaf

Recycling "does not solve the solid waste problem," the head of a plastics trade group said in 1989, around the time the industry was launching its recycling campaign.

WEKU

Exxon plan for Guyana oil exploration risks raising tensions with Venezuela

President of ExxonMobil Guyana confirms plan to drill two new wells off Atlantic coast as territorial dispute simmers

The Guardian - US

Exxon Mobil's Q4 Profits Decline Due to Lower Oil Prices and Impairment Charge in California

Exxon Mobil's fourth-quarter revenue and profits declined due to lower oil prices and regulatory issues in California, but the company raised its dividend.

Top News

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The Guardian - UK

ExxonMobil blocks green activists’ attempt to seek strategy vote

Climate group drops petition for shareholder vote on targets following oil company’s court complaint

The Guardian - UK

First Thing: Trump-Biden rematch increasingly inevitable after New Hampshire primary

Trump edges closer to Republican nomination, but Haley says ‘this race is far from over’. Plus, nuclear power output expected to break records in 2025

The Guardian - UK

ExxonMobil’s attempt to silence activist investors should be a warning to shareholders

The US oil company is off to court to try to block a green activist motion aimed at accelerating the company’s attempts to cut emissions

Barchart

Exxon Stock's Yield Is Almost 4.0%, Making It Attractive to Value Buyers

Exxon stock now has a 3.95% dividend yield to new investors. That is making XOM stock attractive to value buyers. Also, put premiums are high, making short-put plays ideal for income plays.

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The Guardian - UK

US oil company ExxonMobil sues to block investors’ climate proposals

Motion by Follow This called on energy firm to accelerate attempts to cut greenhouse gas emissions

Top News

Exxon Expands LNG Supply with 1.2m Tonnes from Mexico Pacific

Exxon has entered into an agreement with Mexico Pacific to purchase an additional 1.2 million tonnes of liquefied natural gas (LNG) annually.

Barchart

Exxon Stock Is at a Trough and Is Cheap Here Given Its Massive Free Cash Flow

Exxon stock ended 2023 just below $100. But XOM looks cheap here with a forward P/E of 10.9x earnings and a 3.8% dividend yield. With $40 billion in free cash flow, XOM stock looks very cheap.

The Guardian - UK

Guyana, Venezuela, 11bn barrels of oil – and six centuries of colonial conflict

Maduro’s annexation threat is only the latest move on a chessboard stretching back to the 15th century. The outcome could reverberate throughout Latin America and the Caribbean

The Independent UK

Donald Trump’s lawyers again ask for early verdict in civil fraud trial, judge says 'no way'

Donald Trump’s lawyers have rested his defense and have sought again to immediately end the New York civil fraud trial that threatens the former president’s real estate empire

The Independent UK

ExxonMobil says it will stay in Guyana for the long term despite territorial dispute with Venezuela

Oil giant ExxonMobil says it will keep ramping up production in offshore Guyana despite the escalation of a territorial dispute with neighboring Venezuela, which claims that oil-rich region as its own

WEKU

Making oil is more profitable than saving the planet. These numbers tell the story

Major oil companies are under pressure to invest more money in clean energy — but there's a big hurdle: It's still a hell of a lot more profitable to produce fossil fuels.

1 … 8 9 10 11

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