ExxonMobil starts-up multi-billion dollar Baytown chemicals plant
Operations have commenced this week at ExxonMobil’s new 1.5 million ton-per-year ethane cracker at the company’s integrated Baytown chemical and refining complex.
Exxon
Exxon, Shell, BP and more pledge to reduce methane emissions
Exxon Mobil, Royal Dutch Shell, BP and more of the world's largest energy companies are pledging to reduce their methane emissions, acknowledging publicly that global warming is a major problem worldwide.
Exxon’s not afraid of Tesla
Exxon Mobil Corp. says the existential threat to oil producers from electric cars is overblown.
Exxon duped public over climate concerns, Harvard Research says
Exxon Mobil Corp. spent the last 40 years undermining public concern over climate change, even as its own scientists determined man-made global warming was real and a serious threat, according to Harvard University researchers writing in a peer-reviewed journal.
Exxon renews university project to develop biofuels
A leading university and a oil supermajor have renewed efforts to try to work out how to turn biomass into motor fuel.
Exxon gives back to schools, colleges and unis through charity
ExxonMobil (NYSE:XOM) employees donated more than $50 million to hundreds of higher education institutions across the US last year.
Exxon-BP acquisition talk resurfaces: Is a deal really likely?
BP Plc’s shares surged the most this year after a London newspaper reported on rumors that Exxon Mobil Corp. sounded out major shareholders over a potential takeover.
Exxon pleases Trump with $20billion shale building spree
Exxon Mobil Corp. announced a $20 billion building spree in the heart of the U.S. chemical and refining industry, a program it said would create 45,000 jobs. President Donald Trump quickly tweeted his support, calling the oil producer a "special company."
Exxons five startups for the next two years
Exxon aims to succeed in ‘any price enivonment’, says CEO
ExxonMobil (NYSE:XOM) is positioned to succeed in "any price environment", according to its chief executive.
Exxon’s post-Tillerson fortunes closer to home as new CEO pivots
Exxon Mobil Corp. is pinning its fortunes closer to home as new CEO Darren Woods veers from the oil titan’s longtime focus on Asian and African riches.
Pension giant to refocus investment in climate friendly firms
A UK pension giant is shifting around 10% of its total investments into a new fund to shield investors from the impact of climate change.
Exxon granted field life extension
American multinational ExxonMobil has received consent to extend the asset lifetime of the Sigyn field.
Exxon caves to oil crash with historic global reserves cut
Exxon Mobil Corp. disclosed the deepest reserves cut in its modern history as prolonged routs in oil and natural gas markets erased the value of a $16 billion oil-sands investment and other North American assets.
Supermajor’s simulation software breakthrough
ExxonMobil harnessed a record amount of computing power while running its latest complex oil and gas reservoir simulation models.
Oil investors wary after ‘nasty year’ of profit declines
Crude prices may have stabilized, but it’s still not a great time to be Big Oil.
American oil giants Exxon and Chevron announce boardroom changes
Two American oil giants have announced changes at the top.
Canada rules out Arctic oil drilling extensions for Exxon and BP
The Canadian government says it won’t grant extensions to exploration licenses for Exxon Mobil Corp., BP Plc and other oil firms as it prepares for consultations over the impact of an Arctic drilling moratorium.
Tillerson to cede control of $240million in Exxon as Trump pick
Rex Tillerson, former Exxon Mobil Corp. chief executive and President-elect Donald Trump’s pick for U.S. secretary of state, will relinquish control of about $240 million in company shares if confirmed as he severs ties to comply with conflict-of-interest requirements.
Exxon plans to greenlight giant Guyana oil discovery in 2017
Exxon Mobil Corp. plans to formally approve investing in the 1.4-billion barrel Liza oil discovery off the coast of Guyana by the end of 2017.
Exxon CEO-in-waiting to inherit Rex Tillerson’s mixed legacy
The man poised to replace Rex Tillerson as the leader of America’s most influential energy giant helped transform Exxon Mobil Corp.’s refining business from a poor cousin of oil production to the primary profit generator.
Exxon Mobil chief Rex Tillerson to be Trump’s top diplomat
Donald Trump has picked Exxon Mobil boss Rex Tillerson to lead the US State Department, dismissing concerns about the businessman’s close ties with Russia, sources close to the president-elect’s team have said.
Exxon heads for courtroom faceoff With NY in climate probe
Exxon Mobil Corp. is headed to a courtroom in New York for the first time to try to block the state’s demand for accounting documents about how climate change will affect its finances.
Exxon CEO doesn’t see supply shortage pushing up oil prices
The world’s largest publicly listed oil company says ample production from U.S. shale regions will keep prices subdued for years to come, disagreeing with others in the industry who have warned about a looming shortage.
Exxon in catbird’s seat for InterOil as Oil Search drops out
Exxon Mobil Corp. is the leader in the clubhouse to buy Papua New Guinea-focused gas explorer InterOil Corp. after Oil Search Ltd. declined to submit a counteroffer.