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ExxonMobil

American multinational oil and gas corporation

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ExxonMobil: American multinational oil and gas corporation
Exxon Mobil Corporation, doing business as ExxonMobil, is an American multinational oil and gas corporation headquartered in Irving, Texas. It is the largest direct descendant of John D. Rockefeller's Standard Oil, and was formed on November 30, 1999 by the merger of Exxon and Mobil. ExxonMobil's primary brands are Exxon, Mobil, Esso, and ExxonMobil Chemical. ExxonMobil is incorporated in Texas.

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Guyana opposition candidate pledges to keep Exxon contract intact

Exxon Mobil's oil contract with Guyana would be exempt from a review of the South American nation's deals if the opposition wins the March 2 election, the party's top candidate said.
Reuters - Published

Exxon signals fourth quarter weakness in chemicals and refining, offset by asset sale

Exxon Mobil Corp's fourth quarter operating results will decline from a year ago due to weakness in chemicals and refining, according to a regulatory filing and analyst comments on Friday.
Reuters - Published

Videos for ExxonMobil


Middle East jitters hit Wall Street [Video]Middle East jitters hit Wall Street

Stocks fell into the close on Tuesday as cautious investors kept on eye on tensions in the Middle East. Conway G. Gittens reports.

Credit: Reuters Studio     Duration: 01:52Published

Oldest living couple to celebrate 80th anniversary [Video]Oldest living couple to celebrate 80th anniversary

She’s 105. He’s 106. And come Dec. 22 they will have been married for 80 years - longer than any other living couple, according to Guinness World Records. Lisa Bernhard has more.

Credit: Reuters Studio     Duration: 01:56Published

World's largest IPO: Saudi Aramco makes debut [Video]World's largest IPO: Saudi Aramco makes debut

Saudi Aramco shares surged the maximum permitted 10% above their IPO price on their Riyadh stock market debut on Wednesday, closing in on a $2 trillion valuation that would make it the world's most..

Credit: Reuters Studio     Duration: 01:52Published

Exxon not guilty in NY climate change lawsuit [Video]Exxon not guilty in NY climate change lawsuit

A judge on Tuesday ruled in favor of Exxon Mobil Corp in a lawsuit brought by New York state, which accused the oil company of hiding from investors the true cost of addressing climate change. Jillian..

Credit: Reuters Studio     Duration: 01:04Published

 

Exxon expects gain from Norway asset sale to boost results

Exxon Mobil Corp expects a gain of as much as $3.6 billion from the sale of its Norwegian oil and gas production assets to significantly lift results for the fourth quarter, according to a regulatory..
Reuters - Published

Exxon, Chevron face new round of shareholder climate resolutions

An activist group is increasing the pressure on five big U.S. and European oil companies with shareholder resolutions urging them to meet the Paris climate goals and cut carbon emissions.
Reuters - Published

Exxon Mobil scores win in New York climate change lawsuit

Exxon Mobil Corp won a major victory in a closely-watched lawsuit on Tuesday when a judge ruled that the company did not defraud investors out of up to $1.6 billion by hiding the true cost of climate..
Reuters - Published

New York Loses Climate Change Fraud Case Against Exxon Mobil

A state judge ruled in favor of Exxon Mobil in a lawsuit claiming the company committed fraud in its accounting for the costs of climate change.
NYTimes.com - Published

Exxon wins climate change lawsuit, as cases over global warming proliferate

Exxon Mobil Corp on Tuesday scored a win in a closely-watched case after a judge ruled that the company did not hide the true cost of climate change regulation from investors.
Reuters - Published

Exclusive: Exxon aims to sell $25 billion of assets to focus on mega-projects - sources

Exxon Mobil plans to sell up to $25 billion of oil and gas fields in Europe, Asia and Africa in its biggest asset sales for decades, seeking to free up cash to focus on a handful of mega-projects,..
Reuters - Published

Exclusive: Exxon steps up assets sales with sweeping $25 billion plan - sources

Exxon Mobil is accelerating its biggest asset sales in decades with plans to divest up to $25 billion of oil and gas fields in Europe, Asia and Africa as it sharpens its focus on a handful of mega..
Reuters - Published

Rex Tillerson Denies Exxon Misled Investors Over Climate Risks

rex tillerson denies exxon misled investors over climate risks
Here in New York City, former Secretary of State Rex Tillerson told a federal court Wednesday that ExxonMobil did not mislead shareholders about the financial risks...
WorldNews - Published

Remembering the Exxon Valdez oil spill 30 years later

In 1989, an Exxon tanker spilled millions of gallons of toxic oil into Alaska's Prince William Sound. "60 Minutes" reported on its aftermath years later.
CBS News - Published

Rex Tillerson to Take the Stand in Exxon Climate Change Case

The former Exxon chief executive Rex Tillerson is about to testify in the case that accuses the company of committing shareholder fraud over climate change.
NYTimes.com - Published

Trump suggestion of taking Syrian oil draws rebukes

U.S. President Donald Trump's suggestion on Sunday that Exxon Mobil or another U.S. oil company operate Syrian oil fields drew rebukes from legal and energy experts.
Reuters - Published

Proposed U.S. oil company role in Syria faces hurdles: experts

U.S. President Donald Trump's suggestion on Sunday that Exxon Mobil or another U.S. oil company operate Syrian oil fields drew rebukes from legal and energy experts.
Reuters - Published

Massachusetts accuses Exxon in lawsuit of climate change deceit

Massachusetts sued Exxon Mobil Corp on Thursday, accusing the oil giant of misleading investors and consumers for decades about the role fossil fuels play in climate change.
Reuters - Published

Massachusetts sues Exxon Mobil, saying company lied about climate change

Massachusetts sued Exxon Mobil Corp on Thursday, with the state's attorney general accusing the oil giant of misleading investors and consumers for decades about the role fossil fuels play in climate..
Reuters - Published

Massachusetts beats Exxon bid to delay impending climate change case

A Massachusetts judge on Thursday gave the state's attorney general the greenlight to sue Exxon Mobil Corp "ASAP" over allegations it concealed from investors and consumers its knowledge of the role..
Reuters - Published

Exxon loses bid to delay climate change lawsuit by Massachusetts

A Massachusetts judge on Thursday gave the state's attorney general the greenlight to sue Exxon Mobil Corp "ASAP" over allegations it concealed from investors and consumers its knowledge of the role..
Reuters - Published

Exxon has misled Americans on climate change for decades. Here’s how to fight back

exxon has misled americans on climate change for decades. here’s how to fight back
Today, the state of New York will face off with ExxonMobil for oral arguments in the trial alleging that the company misled investors by providing false assurances that the company was adequately..
WorldNews - Published

The cost of climate change: Trial to decide whether ExxonMobil was honest with investors

the cost of climate change: trial to decide whether exxonmobil was honest with investors
New York (CNN)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. The New York..
WorldNews - Published

Exxon trial probes how climate change is accounted

New York's attorney general is accusing Exxon Mobil of lying to investors about how profitable the company will remain as governments impose stricter regulations to combat global warming. (Oct. 22)  
USATODAY.com - Published

Exxon, New York prosecutors face off in climate change fraud trial

A lawyer for New York's attorney general on Tuesday told a state judge that Exxon Mobil Corp used two sets of books to hide the true cost of climate change regulations from investors, while an attorney..
Reuters - Published

Exxon to face trial in New York climate change investor fraud lawsuit

exxon to face trial in new york climate change investor fraud lawsuit
Exxon Mobil Corp on Tuesday was due to face trial in a lawsuit by New York’s attorney general accusing it of misleading investors about the risks of climate change regulations to its business. The..
WorldNews - Published

Fossil Fuels on Trial: New York’s Lawsuit Against Exxon Begins

After four years of investigation and finger-pointing, a trial about whether Exxon Mobil misled investors about the financial risks of climate change begins on Tuesday.
NYTimes.com - Published

Exxon accused of misleading investors on climate change

New York State and the oil giant will now face each other in court in New York over the claim.
BBC News - Published

ExxonMobil's climate accounting goes on trial

The biggest U.S. fossil fuel company is accused of lying to its investors about the cost of carbon emissions to its business
CBS News - Published

Big U.S. liquefied natgas players move fast; smaller ones try to keep up

A gap is emerging in the U.S. liquefied natural gas (LNG) industry as big players such as Exxon Mobil Corp and Cheniere Energy Inc race ahead to build export terminals with fewer long-term contracts,..
Reuters - Published

Despite Their Promises, Giant Energy Companies Burn Away Vast Amounts of Natural Gas

Exxon, Marathon, BP and others are flaring natural gas, a wasteful practice with consequences in the fight against climate change, at a record pace. 
NYTimes.com - Published

Chevron's shale allies are its secret weapon in Exxon race

U.S. oil company Chevron Corp is turning to joint ventures and drilling alliances in its bid to dominate the Permian Basin after abandoning a takeover that would have made it the leading producer in..
Reuters - Published

Elizabeth Warren proposes massive tax on big business, special interest group lobbying

Warren’s proposal  would have resulted in companies such as Pfizer, Microsoft, Walmart, and Exxon – being subject to a 75% rate for lobbying spending.
USATODAY.com - Published

‘I Have Sued Exxon Mobil,’ Kamala Harris Said. Not Quite.

Ms. Harris opened an investigation of the oil giant as California’s attorney general, but critics quickly noted that no lawsuit had been filed.
NYTimes.com - Published

Exclusive: After 50 years in UK North Sea, Exxon eyes the exit - sources

Exxon Mobil is considering a sale of its assets in the British North Sea after more than 50 years in the oil and gas basin as it focuses on U.S. shale production and new projects.
Reuters - Published

Exclusive: Exxon eyes UK North Sea exit after 50-year presence - sources

Exxon Mobil is considering an exit from the British North Sea after more than 50 years in the oil and gas basin as it focuses on U.S. shale production and new projects.
Reuters - Published

Exclusive: Iraq close to pipeline deal with BP and Eni, rather than Exxon - sources

Iraq is close to reaching a deal with oil majors BP and Eni for an export pipeline project that was initially planned as part of a mega-deal with U.S. energy giant ExxonMobil, according to five senior..
Reuters - Published

ExxonMobil contractor burned in refinery fire files lawsuit

A contractor badly burned in an explosion and fire at an ExxonMobil refinery in Texas is suing the company. The flames burned for hours and several workers had to be treated. Mireya Villarreal reports.
CBS News - Published

Burned ExxonMobil contractor suing after refinery fire

The flames burned for more than five hours and more than 60 workers were treated
CBS News - Published

ExxonMobil and Chevron top expectations amid shale ramp-up

exxonmobil and chevron top expectations amid shale ramp-up
ExxonMobil and Chevron both beat analyst expectations with their second-quarter results as the US oil majors ramped up production in the Permian Basin, even amid fears of a deceleration in the US shale..
WorldNews - Published

Texas county sues Exxon over air pollution from petrochemical fire -official

Harris County, Texas sued Exxon Mobil Corp on Thursday over pollution from a fire a day earlier at the company's Baytown Olefins Plant, according to an attorney for the county.
Reuters - Published

Exxon says Baytown, Texas refinery reduced after olefins plant fire

Exxon Mobil Corp said on Thursday that production at its 560,500-barrel-per-day (bpd) Baytown, Texas, refinery has been reduced following a fire on Wednesday in the company's adjoining olefins plant.
Reuters - Published

Fire under control at Exxon petrochemical plant; some workers suffer minor burns

Exxon Mobil Corp brought under control a fire that erupted on Wednesday at its Baytown, Texas, refining and chemical plant complex, injuring 37 workers, though none seriously, and sending nearby..
Reuters - Published

Explosion, fire injures 37 at Exxon Mobil refinery in Texas

Many workers suffered minor burns as a result of the explosion at the Houston-area facility.
USATODAY.com - Published

Exxon fights fire at Baytown, Texas, petrochemical plant; 37 injured

Exxon Mobil Corp said it was fighting a fire that erupted on Wednesday at its Baytown, Texas, refining and chemical plant complex, injuring 37 workers and sending nearby residents indoors.
Reuters - Published

Exxon says 37 workers treated for 'minor' injuries after Baytown plant fire

Thirty-seven workers were being treated on Wednesday for "minor" burns and injuries after a fire broke out at Exxon Mobil Corp's Baytown, Texas, olefins facility, plant manager Jason Duncan said at a..
Reuters - Published

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