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The Latest Breaking News from ExxonMobil

Fossil fuel companies donated $700m to US universities over 10 years

Funding at 27 universities can shift not just research agendas, but also policy in the direction the industry prefers, report says

The Guardian - US

The Dishonest Accounting of Net-Zero Emissions

Companies pledge to cut emissions caused by their production, while opposing measures to reduce emissions from the use of their products.

Capital & Main

The Ukraine economic war: Who's winning?

Neither Ukraine nor Russia is "winning" — but Saudi Arabia, the oil companies and the arms industry certainly are

Salon

From analysis to the latest developments in health,
read the most diverse news in one place.

Inquiry issues damning report into Dutch gas drilling

A Dutch parliamentary inquiry has released a damning report into the government’s handling of lucrative natural gas extraction that caused a string of earthquakes in the northern province of Groningen

The Independent UK

Michael Hiltzik: Right-wing culture warriors say wokeness is dead. They can't even define it

Across the intellectual heavens, the cry is heard: "Wokeness is dead."

Los Angeles Times

ExxonMobil should ‘own up and pay up’ for heating planet, government’s climate adviser says

Lord Deben, a cabinet minister under Margaret Thatcher, says oil and gas giant is refusing to take ‘any responsibility’ for role it played in accelerating climate change

The Independent UK

Outrage as Shell, ExxonMobil rake in record profits

Energy giants are reaping the benefits of high energy prices. Shell followed ExxonMobil in doubling its annual profit for 2022 to nearly $40 billion, the highest in its 115-year history. It's sparked outrage among climate activists and those calling for higher taxes as households struggle with high energy bills. Also…

France 24

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ExxonMobil rakes in record net profits in 2022, leading to backlash

US oil company ExxonMobil recorded a net profit of $56 billion last year, beating its previous 2008 record. It benefitted from a surge in prices following the Russian invasion of Ukraine and a cost-cutting drive during the pandemic. The White House has called these profits "outrageous", leading to further calls…

France 24

Exxon announced record earnings. It's bound to renew scrutiny of Big Oil

Exxon earned nearly $56 billion in profit last year, the biggest annual profit any Western oil company has ever seen. Chevron set its own record with $35 billion in profit.

WEKU

Methane emissions from offshore oil and gas severely under-reported, study finds

An environmental group is concerned offshore oil and gas industries are underestimating their emissions after an international study found methane leaks were under-reported in the UK.

ABC News

Oil giants making 'obscene' £5,000 profit a second while millions struggle to heat homes

Five of the world's biggest oil companies are expected to reveal profits equating to £5,000 a second between them while millions continue to struggle with rising energy bills

Daily Mirror

Strikes disrupt French fuel deliveries, but participation waning

Protests against French government plans to raise the retirement age had a muted impact on the energy sector on Thursday, the first day of 48-hour strikes, lowering hydropower output and curbing some refinery deliveries.

Reuters

Emissions don't discriminate, people do

What real estate, oil wells, racism and yogurt containers reveal about the disparate damages caused by fossil fuels

Salon

Atmospheric Greenhouse Gases Do Not Discriminate, But People Do

What real estate, oil wells, racism and yogurt containers reveal about the disparate damages caused by fossil fuels.

Capital & Main

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The Guardian - US

The world’s biggest PR firm claims to be an expert on trust – but is it?

Edelman, which will publish the latest edition of its ‘trust barometer’ at Davos, says trust is its legacy – but critics say its reluctant to follow its own advice

The Times of India

$58 billion investment in E&P; Chevron, Exxon, Total keen on India: Hardeep Puri

NEW DELHI: India will likely see an investment of $58 billion in finding and producing oil and gas resources by 2023, oil minister Hardeep Singh Puri said on Friday, adding global energy majors Chevron Corp, ExxonMobil and TotalEnergies are keen to invest.

The New Daily

ExxonMobil ignored accurate global warming studies by its scientists for decades, research finds

ExxonMobil, one of the world's largest fossil fuel companies, predicted global warming, but chose to downplay climate change for decades.

Al Jazeera

ExxonMobil predicted climate change while downplaying risk

US-based company’s own scientists accurately predicted global warming as far back as the 1970s, study says.

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news in one place.

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Tribune News Service

News briefs

New ‘kraken’ mutation of the COVID-19 virus is most contagious subvariant yet

Los Angeles Times

ExxonMobil publicly denied global warming for years but quietly predicted it

In perhaps one of the most cynically ironic twists in the field of climate science, new research suggests ExxonMobil may have had keener insight into the impending dangers of global warming than even NASA scientists but still waged a decades-long campaign to discredit research into climate change and its connection…

WEKU

Exxon climate predictions were accurate decades ago. Still it sowed doubt

Exxon's climate research decades back painted an accurate picture of global warming, according to a new scientific paper. Still, the oil company continued climate-denying policy efforts.

Inverse

This oil giant accurately predicted global warming — and still lied about it

New research finds ExxonMobil's internal research accurately projected global warming, even as their public messaging downplayed climate change.

Al Jazeera

ExxonMobil to sell stake in Thai business for $603m

Bangchak says purchase of controlling stake in Esso Thailand to be completed in second half of 2023.

Bangkok Post

Bangchak acquires most of Esso Thailand

SET-listed Bangchak Corporation Plc (BCP) has acquired a 65.99% stake worth 55 billion baht in Esso Thailand mainly from ExxonMobil Asia Holdings Pte.

The Independent UK

ExxonMobil takes EU to court in bid to block ‘counter-productive’ windfall tax

Oil and gas giant has accused the EU of overreaching its authority with move to tax profits amid energy crisis

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