The Latest Breaking News from Darren Woods

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.

As the climate crisis has deepened, protesters have become more confrontational – and their ambitions have grown

Pointing to the still paltry share of renewable energy in global supply, the head of Saudi Aramco described the current energy transition strategy as a misguided failure on Monday.

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the environmental, social, and corporate governance (ESG) trends and events that characterize the growing intersection between business and politics.

Darren Woods tells Fortune consumers not willing to pay for clean-energy transition, prompting backlash from climate experts

Exxon CEO Darren Woods says Big Oil's not to blame for climate crisis, saying world "waited too long"

ExxonMobil and Chevron reported lower but still strong profits Friday as they push ahead with hefty shareholder payouts and major acquisitions.

Energy giants Chevron (CVX) and Exxon Mobil (XOM) are scheduled to release their fourth-quarter financials on February 2. We assess the two energy giants’ fundamentals to determine how investors should position themselves before their numbers are reported. Read on….

Climate Defiance, trying to make the climate crisis a top issue in 2024 election, isn’t afraid to anger ‘cowards’ and ‘criminals’

There is “no science” behind demands to phase out fossil fuels, according to the current COP president. This level of cynicism at the top of the annual climate summit makes it less surprising that the conference has also been used as an oil trading venue.

COP28 may become the first-ever international climate summit to commit to eventually phasing out oil and gas.