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The Latest Breaking News from ExxonMobil

Climate Activists Confront Iran War Profiteering at Big Oil Confab in Houston

Meanwhile, the U.S. energy secretary tries to soothe an anxious American oil industry, urging them to ramp up production amid shock to global markets.

Texas Observer

'Climate gaslighting': How fossil fuel giants have quietly abandoned their net zero pledges

A new analysis warns that some of the world’s biggest fossil fuel companies have entered a ‘gaslighting’ phase to bolster their profits.

Euronews

Corpus Christi’s crucial refineries look for alternate water supplies amid looming water crisis

The city produces 5% of the nation’s refined products like gas and jet fuel, and experts say a serious water shortage could force production down and push fuel prices up even further.

The Texas Tribune

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Oil company shares soar to all-time highs as Middle East war turbocharges price per barrel

Energy supply shock from US-Israeli attack on Iran fuels record valuations for Shell, ExxonMobil and Chevron

The Guardian - UK

ExxonMobil set to to move its legal home to Texas, citing business friendly environment

Gov. Greg Abbott celebrated the announcement on Tuesday, crediting Texas’ legal environment. Exxon has based its operations in the Houston area since 1989.

The Texas Tribune

3 Non-Tech Stocks in TradeSmith's Green Zone for Financial Health

The TradeSmith Health Indicator helps investors find stocks that are in the Green Zone, and ExxonMobil, Citigroup, and NextEra Energy currently fit the bill.

MarketBeat

Beware the paper bear — stripping Putin’s economic bluff bare naked

Russia's "paper bear" economy fools Trump.

Fortune

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Federal judge in Texas allows lawsuit against California attorney general over ExxonMobil remarks

A federal judge in Texas has ruled that California’s attorney general can face a defamation lawsuit over comments attacking ExxonMobil’s plastics recycling claims

The Independent UK

US Supreme Court to hear from oil and gas companies trying to block climate change lawsuits

In their fight to block climate accountability cases, fossil fuel majors recently gained the ear of the highest court in the US.

Euronews

13-year-old Keelan Harvick joins Toyota development driver program

The son of NASCAR Cup Series champion Kevin Harvick is now an official member of Toyota driver development program

Motorsport

More banks give $15b PNG gas project the cold shoulder

A total of 27 banks and credit agencies have committed not to provide financing for a proposed TotalEnergies-Santos LNG plant project in Papua New Guinea.

AAP

Energy Is Leading in 2026—But Are the Oil Majors Cracking?

Energy is leading the market this year as investors seek safety. Despite mixed earnings, efficiency cuts and high demand keep the sector's outlook hot.

MarketBeat

The Texas AI Boom Is Outpacing Water Regulations

Each data center can “drink” as much as an entire community. Yet, Texas does not require these tech firms to disclose projected or actual water consumption.

Texas Observer

Union hits out as Mossmorran plant ends production

ExxonMobil announced at the end of last year that the plant would close.

Evening Standard

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Evening Standard

Mossmorran task force to meet for first time

The plant is due to close next month, owners ExxonMobil have said.

Roll Call

Deadly Minnesota shooting ramps up first period of pushback on Trump 2.0

From oil executives to Western leaders and now Republican officials, Donald Trump is riding a wave of recent pushback from unlikely sources.

Autosport

How ExxonMobil and Red Bull are intertwined to master F1's sustainable fuel challenge

ExxonMobil explains how it is on the phone 'every day' with Red Bull as the two partners tackle Formula 1's 2026 introduction of sustainable fuels

Euronews

‘Wrong side of history’: Report ties top polluters to countries blocking fossil fuel phaseout

Many state-owned fossil fuel firms that emitted the highest levels of pollution in 2024 went on to block a phaseout roadmap at COP30.

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The Guardian - UK

Half of world’s CO2 emissions come from just 32 fossil fuel firms, study shows

Critics accuse leading firms of sabotaging climate action but say data increasingly being used to hold them to account

Autosport

ExxonMobil to connect with motorsport’s global leaders at Autosport Business Exchange London

Mobil 1 will join motorsport’s global leaders at this year’s Autosport Business Exchange in London on 21 January

The Guardian - US

Trump news at a glance: White House doubles down on threat of ‘lethal force’ against Iran amid unrest

Trump also announced a 25% tariff for ‘any country doing business with the Islamic Republic of Iran’

The Conversation

Venezuela’s oil industry has flailed under government control – Mexico and Brazil have had more success with nationalizing

U.S. President Donald Trump has ignited a contentious debate over who has the right to control Venezuela’s vast oil reserves.

The Texas Tribune

After killing planned desalination plant, Corpus Christi tries to drill its way out of a water crisis

After an industrial building boom on Corpus Christi Bay, the city is drilling wells to meet water demand, and rural Nueces County residents say their own wells are being impacted.

The Independent UK

Trump 'inclined' to keep ExxonMobil out of Venezuela after CEO response at White House meeting

President Donald Trump says he is “inclined” to keep ExxonMobil out of Venezuela after its top executive was skeptical about oil investment efforts in the country after the toppling of former President Nicolás Maduro

Texas Observer

Why Houston Oil Majors Are Hesitant to Go All In on Venezuela

Though petro-giants have long sought lost assets in the South American country, they have reasons, for now at least, not to leap at Trump’s invitation to join his war on the climate and the international legal order.

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