New York sues BP, Shell to ‘protect city from climate change’
New York's mayor has announced that the city has field a lawsuit against five oil majors to help protect the city from climate change.
Exxon Mobil
Exxon challenges California cities in climate claims
Exxon Mobil Corp. has asked a Texas federal judge to allow it to depose California municipal government officials who sued it and other oil companies over the threat of rising sea levels to their jurisdictions.
Big Oil finds hurdles buried in Trump’s ‘America-first’ tax plan
For Big Oil, the U.S. tax overhaul is turning out to be a mixed bag, especially for companies that drill overseas.
ExxonMobil celebrate sixth South American oil strike
ExxonMobil Corporation today announced the sixth oil discovery off the coast of Guyana since 2015 from its Ranger-1 well.
Exxon Mobil opening first Mexican gas stations this week
Texas oil giant Exxon Mobil is opening its first gas stations in Mexico this week as the nation's largest oil company works to become a major Mexican fuel supplier.
Oil companies clamping down on methane leaks
Many of the largest oil and gas drillers operating in the US will voluntarily reduce emissions of methane, a potent greenhouse gas, even as the Trump administration takes steps to to roll back existing environmental regulations targeting those emissions.
Big Oil set to make Facebook-level cash even with $50 crude
Crude may still be languishing near $50, but Big Oil is on track to rejoin the world’s corporate elite by squeezing more cash from each barrel.
OGA releases fresh set of data ahead of 30th Offshore Licencing Round
The Oil and Gas Authority (OGA) has once again released new data in an effort to attract and incentivise North Sea exploration.
Shell and other supermajors say ‘no plans’ for return of Super Pumas
Oil supermajors including Shell have no plans to return controversial Super Puma helicopters to service in the North Sea.
Tillerson reminisces about life at Exxon, “contract sanctity”
Secretary of State Rex Tillerson reminisced fondly about his 41-year career with Exxon Mobil Corp. as he accepted an award on Sunday from the World Petroleum Council honoring his “outstanding contribution to the oil and gas industry.”
Exxon extends field life with new development well
Exxon Mobile has been given consent to extend the lifetime of its Sigyn field activities.
Supermajors signal return to Gulf of Mexico with US bidding war
The supermajors are signalling the oil industry's return to the Gulf of Mexico's deep waters.
Exxon can’t find up to a year of Rex Tillerson `tracker’ emails
Exxon Mobil Corp. may have lost as much as a year’s worth of emails that former chief executive officer Rex Tillerson used to discuss climate change risks and other sensitive issues under the alias ‘Wayne Tracker,’ a lawyer for New York state has told a judge.
Exxon Mobil completes InterOil takeover
Exxon Mobil has finalised its takeover of InterOil.
Tillerson climate-change testimony set before Trump sworn in
Lawyers for teenagers claiming the U.S. government failed to protect the environment from global warming plan to question under oath President-elect Donald Trump’s pick for secretary of state on his knowledge of climate change.
Production starts on giant $50bn Caspian field
Production resumed today from the giant, $50billion Kashagan oil and gas field in the Caspian Sea, Kazakhstan’s energy ministry said in a statement.
Exxon’s accounting said to prompt SEC review after crude slump
Exxon Mobil Corp.’s accounting has prompted a U.S. Securities and Exchange Commission investigation into whether the energy giant should have written down assets as a result of the oil slump, according to a person with knowledge of the matter.
InterOil said to get Exxon buyout offer topping Oil Search’s bid
Exxon Mobil Corp. made an indicative takeover proposal for InterOil Corp. that topped a competing $2.2 billion bid for the owner of trillions of cubic feet of natural gas discoveries in Papua New Guinea, a person with knowledge of the matter said.
French police use water cannon to break up refinery blockade
French police using water cannon and tear gas have broken up a strike picket that was blocking access to a large oil refinery in the southern port area of Marseille in a government versus union showdown over contested labor law reforms.
Exxon declares force majeure as Nigeria’s production drops again
Nigeria’s oil production has dropped again as a third major crude-export facility was disrupted, this time by accidental damage rather than militant attacks.
Avengers threaten oil companies to leave Niger Delta – or suffer the consequences
Radical militant group the Niger Delta Avengers has warned it will step up attacks unless oil firms left the region within two weeks.
Exxon teams up with FuelCell to clean up power plant emissions
Exxon Mobil is working with a clean-energy company to develop technology to fight climate change.
Exxon Mobil donates to Houston flooding relief effort
Exxon Mobil is contributing $100,000 toward American Red Cross disaster relief assistance for communities impacted by recent severe storms and flooding in Houston.
Rockefellers dump Exxon stock
Descendants of John D. Rockefeller sold their Exxon Mobil stock and plan to dump all other fossil-fuel investments in the latest move against the industry that made their fortune.
Exxon sees no oil-market rebound any time soon as glut persists
Exxon Mobil Corp. scaled back production targets and said drilling budgets will continue to drop through the end of next year as the oil market shows no signs of a recovery.