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The Latest Breaking News from Darren Woods

Exxon CEO criticizes Trump on climate

Despite running fossil fuel company, Darren Woods opposes Trump’s plan to pull US out of key climate agreement

Salon

Exxonmobil Opposes Trump's Plan To Withdraw From Paris Agreement

ExxonMobil opposes Trump's Paris agreement withdrawal, advocates for stable climate policies and industry transformation to combat climate change effectively.

Top News

Donald Trump warned not to pull out of Paris climate agreement—by the CEO of oil giant Exxon Mobil

A reversal of Biden's decision four years ago to return to the landmark U.N. climate agreement would create a harmful yo-yo effect for businesses that plan investments over the long term.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

'Drill, Baby, Drill': Trump Policy Poses Risks, Opportunities For Oil Industry

Donald Trump's election as US president brings back a champion of the oil industry to the White House, but experts warn that his push for low prices could be at odds with petroleum companies' priorities.

International Business Times

Analysts unveil ExxonMobil stock price target after oil price collapse

This is what could happen next to ExxonMobil shares.

The Street

5 Stocks to Buy for a Trump Presidency

Donald Trump has reclaimed the White House. These five stocks are set to benefit from a second Trump presidency.

Kiplinger

How Exxon chases billions in US subsidies for a ‘climate solution’ that helps it drill more oil

Climate experts raise red flags as oil giant spends millions lobbying while touting ‘underperforming’ carbon capture

The Guardian - US

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Exxon Mobil And Chevron Diverge With Q2 Earnings. Exxon Scores First Profit Increase In 4 Quarters.

Investors will have to wait until 2025 to see the result of the ongoing Guyana saga.

Investors Business Daily

Climate technology forgot the consumer is still king

We can’t blame consumers for climate change until we give them better options.

Fortune

ExxonMobil and Chevron gather investors after latest big oil mega deal

Energy giants hold annual meetings as ConocoPhillips announces plan to buy Marathon Oil in $17.1bn deal

The Guardian - US

US Oil Giants' Profits Dip As Exxon Deal Nears Finish Line

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.

International Business Times

‘Outrageous’ climate activists get in the faces of politicians and oil bosses – will it work?

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

The Guardian - US

Saudi Aramco CEO Calls Energy Transition Strategy A Failure

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.

International Business Times

Economy and Society, March 19, 2024: Appeals court pauses implementation of SEC climate rule

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.

Ballotpedia

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news in one place.

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The Street

ExxonMobil CEO's corporate gaslighting tries to shift the blame for climate change

The oil giant's chief executive says the company isn't to blame.

The Guardian - US

Fury after Exxon chief says public to blame for climate failures

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

Salon

Exxon CEO to world: "Pay the price"

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

International Business Times

Lower Profits At US Oil Giants Still Mighty Enough For Big Investor Payouts

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

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StockNews.com

Moves for Investors Ahead of XOM and CVX Earnings Reports

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….

The Guardian - US

New breed of climate protesters vows to take fight to ‘cowards’ of US politics

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

The Conversation

From the Paris agreement to COP28, how oil and gas giants try to influence the global climate agenda

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.

International Business Times

Fossil Fuels On The Table At COP28 As OPEC Slashes Production, US Crude Output Breaks Records

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

WEKU

Oil firms are out in force at the climate talks. Here's how to decode their language

The oil industry has a huge voice in this year's climate talks. But what are oil companies actually saying? And why does it matter? We break down their pledges and statements into plain English.

The Texas Tribune

Texas will have to cut methane emissions from oil fields under new federal climate rule

The Biden Administration announced a crackdown on methane emissions, a major driver of climate change. Major oil and gas companies also signed on to a voluntary net-zero commitment.

Investors Business Daily

Exxon Mobil's Diversification Strategy Takes Form With Plan To Be Leading Lithium Supplier By 2030

Exxon Mobil announced Monday it is targeting lithium production by 2027 and that it aims to produce enough lithium for more than one million EVs per year.

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