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The Latest Breaking News from ExxonMobil

US Oil Giants' Profits Dip As Exxon Deal Nears Finish Line

ExxonMobil and Chevron both reported a dip in profits Friday on lower refining margins and natural gas prices, but ExxonMobil's big takeover appears on track to close before Chevron's.

International Business Times

Intel and ExxonMobil working on advanced liquid cooling — laying groundwork for 2000W TDP Xeon chips

Intel and ExxonMobil have announced they will collaborate to develop advanced liquid cooling technology. The companies will work closely during their multi-year collaboration to 'develop and certify next-generation, energy-efficient, liquid-based cooling technologies' writes the oil giant.

Tom’s Hardware

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

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Senators And Congressmen Evaluate Oil Company Consolidations For Antitrust Concerns

Regulatory bodies evaluating pending oil company consolidations for antitrust and climate concerns, with lawmakers debating impact on competition, consumer...

Top News

Venezuela's Maduro Claims the U.S. Has Secret Bases in Disputed Territory with Guyana

The president added that "aggressions" are being prepared against the people of "Tumeremo," the Venezuelan city designated as capital of the territtory

Latin Times

Venezuela Says US Building 'Secret' Bases In Disputed Essequibo

Venezuelan President Nicolas Maduro on Wednesday accused the United States of building "secret military bases" in Essequibo, an oil-rich region of Guyana that Caracas claims as its territory.

International Business Times

Just 57 companies linked to 80% of greenhouse gas emissions since 2016

Analysis reveals many big producers increased output of fossil fuels and related emissions in seven years after Paris climate deal

The Guardian - UK

Texas energy companies are betting hydrogen can become a cleaner fuel for transportation

Supporters say developing hydrogen as a fuel is critical to slowing climate change. Critics are concerned that producing it with fossil fuels will prop up the oil and gas industry.

The Texas Tribune

ExxonMobil (XOM) vs. Energy Transfer (ET) - Which Energy Stock Is the Better Buy Amidst Oil Price Volatility?

Amid the anticipated escalation in oil prices owing to geopolitical challenges and strategic supply adjustments, which of the two energy stocks, Exxon Mobil (XOM) and Energy Transfer (ET), is well positioned to navigate a volatile energy market? Read more to find out….

StockNews.com

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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The Texas Tribune

Gulf Coast petrochemical growth draws billions in tax breaks despite pollution violations

A new report by the Environmental Integrity Project compiled data on every U.S. plastics plant built, expanded or proposed since 2012, revealing massive growth in Texas.

The Guardian - US

Revealed: How the global oil industry is fueling Israel’s war on Gaza

Analysis shows how jets and tanks are being kept fueled despite interim ICJ ruling warning Israel to prevent genocidal acts

Fortune

What is a Fortune 500 company? The story behind the list

The Fortune 500 is the ranking of the largest companies in the U.S. based on revenue.

WEKU

U.S. Climate Envoy John Kerry is giving up the job title — but not the fight

Outgoing climate envoy John Kerry talks about leaving the job, how another Donald Trump presidency could impact the fight against climate change, and how he remains hopeful.

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The Guardian - US

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

WEKU

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.

Latin Times

Venezuela-Guyana Tensions Subside With Gestures to Ease the Crisis From Both Sides

Guyana won't approve oil exploration in waters near Venezuela at least until a UN court ruling on the matter, while Maduro publicly praised his counterpart

International Business Times

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.

The Guardian - UK

World’s largest oil companies have made $281bn profit since invasion of Ukraine

Global Witness says the five ‘super-majors’ are the ‘main winners of the war’ while many struggle to heat their homes

Texas Observer

Port Arthur’s 30-Year Fight for Environmental Justice

30 years after a landmark executive order, a report from the booming Southeast Texas petrochemical corridor of Port Arthur and Beaumont.

Latin Times

Venezuela Escalates Threat to Guyana with Beefed-Up Military Presence in the Essequibo

Satellite images show heightened activity despite an agreement between Maduro and Guyanese President Ali, who denounced the use of force

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