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  • BREAKING NEWS

BREAKING NEWS

Tropical Storm Dexter has formed in the Atlantic Ocean

EXXONMOBIL


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Rubio vows stern response if Venezuela attacks Guyana

Read full article: Rubio vows stern response if Venezuela attacks Guyana

U.S. Secretary of State Marco Rubio has vowed that the United States will respond forcefully if Venezuela attacks Guyana amid an ongoing territorial dispute that involves massive oil and gas reserves.

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Guyana's president denounces Venezuelan incursion in offshore oil field operated by ExxonMobil

Read full article: Guyana's president denounces Venezuelan incursion in offshore oil field operated by ExxonMobil

Guyana’s president has denounced an incursion by an armed Venezuelan naval vessel in disputed waters and home to a mammoth offshore oil deposit being developed by ExxonMobil.

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ExxonMobil could partner up with Eni and Total to jointly develop natural gas deposits off Cyprus

Read full article: ExxonMobil could partner up with Eni and Total to jointly develop natural gas deposits off Cyprus

Cyprus’ energy minister says ExxonMobil could partner up with a consortium composed of Eni of Italy and Total of France to jointly develop gas deposits they’ve discovered close to each other off the island nation’s southern coast.

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California sues ExxonMobil and says it lied about plastics recycling

Read full article: California sues ExxonMobil and says it lied about plastics recycling

California is suing ExxonMobil for allegedly deceiving the public for half a century by promising that recycling would address the global plastics pollution crisis.

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ExxonMobil to explore for oil and gas in offshore area under dispute by Guyana and Venezuela

Read full article: ExxonMobil to explore for oil and gas in offshore area under dispute by Guyana and Venezuela

ExxonMobil says it plans to explore for oil and gas in a disputed area off South America’s coast where the Venezuelan military had previously expelled two U.S. oil companies.

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Federal Trade Commission is investigating ExxonMobil's $60B deal to acquire a Texas oil company

Read full article: Federal Trade Commission is investigating ExxonMobil's $60B deal to acquire a Texas oil company

Security filings show the Federal Trade Commission is investigating ExxonMobil’s $60 billion deal to acquire a Texas oil company, potentially one the largest energy industry mergers in two decades.

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Schumer and other Senate Democrats call for a federal probe of huge oil deals by Exxon and Chevron

Read full article: Schumer and other Senate Democrats call for a federal probe of huge oil deals by Exxon and Chevron

Senate Majority Leader Chuck Schumer and other Democratic senators are urging federal regulators to investigate multibillion-dollar acquisitions by oil giants ExxonMobil and Chevron, saying the deals could lead to higher prices at the gas pump.

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ExxonMobil loses bid to truck millions of gallons of crude oil through central California

Read full article: ExxonMobil loses bid to truck millions of gallons of crude oil through central California

ExxonMobil has lost a court bid to truck millions of gallons of crude oil through central California — a crucial part of its efforts to restart offshore oil wells that were shut in 2015 after a pipeline leak caused the worst coastal spill in 25 years.

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Companies bid $264M in Gulf oil sale mandated by climate law

Read full article: Companies bid $264M in Gulf oil sale mandated by climate law

Oil companies including Chevron and ExxonMobil offered a combined $264 million for drilling rights in the Gulf of Mexico in a sale mandated by last year’s climate bill compromise.

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France orders gas station workers back to ensure supplies

Read full article: France orders gas station workers back to ensure supplies

French President Emmanuel Macron is promising that the situation in the country’s gas stations will soon be back to “normal."

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ExxonMobil loses bid to nix climate change lawsuit

Read full article: ExxonMobil loses bid to nix climate change lawsuit

Massachusetts’ highest court has rejected a bid by ExxonMobil to dismiss a lawsuit brought by the state that accuses the oil giant of misleading the public about the role its products play in causing climate change.

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California subpoenas ExxonMobil in probe of plastics waste

Read full article: California subpoenas ExxonMobil in probe of plastics waste

California’s attorney general has subpoenaed ExxonMobil as part of what he called a first-of-its-kind investigation into the petroleum industry for its alleged role in causing a global plastic pollution crisis.

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Democrats accuse oil companies of 'rip off' on gas prices

Read full article: Democrats accuse oil companies of 'rip off' on gas prices

House Democrats are accusing oil companies of “ripping off the American people” and putting profits before production as Americans suffer from higher gasoline prices amid the war in Ukraine.

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ExxonMobil: Pipeline, ship or both for exporting Cyprus gas

Read full article: ExxonMobil: Pipeline, ship or both for exporting Cyprus gas

The chief of ExxonMobil’s Cyprus arm says natural gas will remain an important energy source through 2050 and quantities of the hydrocarbon found off the east Mediterranean island nation could reach markets through a pipeline or by liquefying it for transport by ship.

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Cyprus issues 2nd offshore drilling license to ExxonMobil

Read full article: Cyprus issues 2nd offshore drilling license to ExxonMobil

ExxonMobil and partner Qatar Energy have expanded their stake in potential oil and gas deposits off Cyprus.

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Democratic chair issues subpoenas to oil executives

Read full article: Democratic chair issues subpoenas to oil executives

The chairwoman of the House Oversight Committee has issued subpoenas to top executives of ExxonMobil, Chevron and other oil giants, charging that the companies have not turned over documents needed by the committee to investigate allegations that the oil industry concealed evidence about the dangers of global warming.

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Oil giants deny spreading disinformation on climate change

Read full article: Oil giants deny spreading disinformation on climate change

Top executives of ExxonMobil and other oil giants have denied spreading disinformation about climate change while sparring with congressional Democrats over allegations that the industry concealed evidence about the dangers of global warming.

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BP, Exxon warn of supply issues in UK due to driver shortage

Read full article: BP, Exxon warn of supply issues in UK due to driver shortage

The British government is trying to ease concerns of a fuel crisis after oil giants BP and ExxonMobil-owned Esso warned they had to ration supplies and close some gas stations as a result of a truck driver shortage.

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Exxon's profit shrinks by 49% because oil prices aren't cooperating

Read full article: Exxon's profit shrinks by 49% because oil prices aren't cooperating

ExxonMobil has invested in shale production but low oil prices are stalling profits. Exxon said Friday its third-quarter profit tumbled 49% to $3.2 billion as stronger production was overwhelmed by lower prices. US oil prices ended the third quarter at around $50 a barrel, compared with nearly $70 a year earlier. Exxon's profit drop comes as the company is mired in a high-stakes legal battle in New York. The company's Permian Basin oil production totaled 455,000 barrels per day, up 35% from a year ago.

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Trial to decide whether ExxonMobil was honest with investors

Read full article: Trial to decide whether ExxonMobil was honest with investors

A trial in which energy giant ExxonMobil stands accused of misleading investors about the potential impact of climate change regulations on its operations started on October 22, 2019. NEW YORK - A trial in which energy giant ExxonMobil stands accused of misleading investors about the potential impact of climate change regulations on its operations started Tuesday. Former US Secretary of State Rex Tillerson was the CEO of ExxonMobil from 2006 to 2016, during the years in question, and will testify in the trial, according to a company attorney. "For many years, ExxonMobil has acknowledged that climate change is real and is a problem that must be addressed by the nations of the world," Wells, the ExxonMobil attorney, told the court. "But the problem with climate change does not permit the New York attorney general to bring a meritless complaint."

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Harris County, Texas, sues ExxonMobil after fire at Baytown plant

Read full article: Harris County, Texas, sues ExxonMobil after fire at Baytown plant

Residents were urged to shelter in place after a fire at ExxonMobil's plant in Baytown, Texas. BAYTOWN, Texas - Harris County, Texas, filed a lawsuit against ExxonMobil on Thursday, one day after an explosion and fire at the company's Baytown plant. The county says the company violated the state's clean air act and asks for orders to prevent a recurrence. The fire began late Wednesday morning at ExxonMobil's Baytown Olefins Plant at a unit that contains polypropylene material. Harris County, along with the state of Texas, is also also suing Exxon because of a March 16 fire at the company's refinery in Baytown, CNN affiliates KPRC-TV and KTRK-TV reported.

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At least 37 hurt as fire breaks out at ExxonMobil plant in Texas

Read full article: At least 37 hurt as fire breaks out at ExxonMobil plant in Texas

Facebook/Rachel Robles(CNN) - Residents were urged to shelter in place after an explosion and fire broke out Wednesday at a massive ExxonMobil plant in Texas, injuring at least 37 people, officials said. Natasha Barrett, a spokeswoman for city of Baytown, had earlier said three people sustained minor injuries and were transported to a hospital. The fire occurred at the company's Baytown Olefins Plant, ExxonMobil spokeswoman Sarah Nordin said. Duncan said the company is conducting air quality monitoring at the site and fence line, and cooperating with regulatory agencies. Exxon is conducting air monitoring and will advise when the danger has passed."

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