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The Latest Breaking News from ExxonMobil

ExxonMobil issued rare penalty in ongoing Indonesian rights case

US court orders oil giant to pay nearly $290,000 to plaintiff’s counsel following botched deposition.

Al Jazeera

US diplomat: Mediterranean gas pipeline to Europe not viable

A senior U.S. diplomat says a proposed pipeline to deliver natural gas from deposits in the east Mediterranean to European markets is too expensive, not economically viable and will take too long to help countries seeking alternatives to Russian gas any time soon

The Independent UK

The Battle of Beaumont

A grueling labor fight dragged on in the once-mighty union bastion of southeast Texas, pitting the oil giant against an embattled Steelworkers local.

Texas Observer

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More than 200 oil tankers have left Russian ports since Ukraine invasion began

Exclusive: Human rights NGO accuses companies of ‘hiding behind vague statements and weak excuses’

The Independent UK

ExxonMobil Shops at GM to Prepare Its Future

The oil giant tries to respond to the criticisms and ambitions of its rivals.

The Street

JPMorgan Chase CEO pushes Biden for domestic energy "Marshall Plan"

Dimon told Biden that more gas production is needed both for Europe and America's energy security.

Axios

Short Circuit: A Roundup of Recent Federal Court Decisions

Straight teeth, prurient firefighters, and Fresh American Beef.

Reason

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Small oil producers like Ghana, Guyana and Suriname could gain as buyers shun Russian crude

As the U.S. and Europe cut back purchases of Russian oil, and energy traders shun it for fear of sanctions, the search is on for other sources. Attention has focused on Iran and Venezuela, both of which are led by governments that the U.S. sought until recently to isolate. But…

The Conversation

Oil supertanker from Russian port docks in Southampton

ExxonMobil says cargo came from Kazakhstan

The Independent UK

Oil supertanker from Russian port to dock in Southampton

UK ban covers Russian vessels but Seatribute is registered in Malta and ExxonMobil denies it is carrying Russian oil

The Guardian - UK

California county rejects ExxonMobil plan to truck oil

Santa Barbara County supervisors have rejected a bid by ExxonMobil to restart offshore oil wells shut down in 2015 after a pipeline leak caused the worst coastal spill in 25 years

The Independent UK

Shell, BP and ExxonMobil have done business in Russia for decades – here's why they're leaving now

In response to Russia’s invasion of Ukraine, British energy giant BP announced on Feb. 27, 2022, that it will sell its nearly 20% ownership in Russian state-owned energy giant Rosneft. BP’s rival Shell is also pulling out of all of its operations in Russia, as are U.S. energy giant ExxonMobil…

The Conversation

ExxonMobil, Apple, Boeing Latest US Giants to Cut Ties with Moscow

Apple, ExxonMobil and Boeing announced Tuesday in rapid succession steps to withdraw or freeze business in Russia as more US corporate giants take action after the Ukraine invasion. The moves -- in diverse industries and following earlier announcements by Disney, Ford, Mastercard and others -- highlight the rising economic toll…

Asharq Al-Awsat

ExxonMobil, Apple, Boeing latest US giants to cut ties with Moscow

New York (AFP) - Apple, ExxonMobil and Boeing announced Tuesday in rapid succession steps to withdraw or freeze business in Russia as more US corporate giants take action after the Ukraine invasion.

AFP

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The Independent UK

Boeing and Ford latest corporate giants to suspend operations in Russia

Major corporations like ExxonMobil and Disney have also cut ties

Axios

Exxon to end operations in Russia, vows no new investments

Exxon has longstanding investments and operations in Russia.

The Guardian - US

The great greenwashing scam: PR firms face reckoning after spinning for big oil

A comprehensive study confirms that oil companies are largely all talk and no action when it comes to clean energy initiatives

Inverse

Fossil fuel companies own green rhetoric betrays an ugly truth — analysis

Scientists analyzed top fossil fuel companies' rhetoric, business strategies, and investments, and found their clean energy discourse doesn't match their actions.

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news in one place.

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The Guardian - UK

Oil firms’ climate claims are greenwashing, study concludes

Most comprehensive scientific analysis to date finds words are not matched by actions

ABC News

Big oil all talk, no action on climate change? Researchers say they've got the proof

Analysis of the investments of Shell, Chevron, BP, and ExxonMobil finds their transition to clean energy companies "is not occurring", despite pledges to the contrary.

Al Jazeera

After 20 years, Indonesia’s ExxonMobil accusers eye day in court

Villagers allege the gas and oil giant is responsible for a litany of human rights abuses in the early 2000s.

Al Jazeera

‘Big Oil’ board members face hot seat over climate ‘deception’

Oil industry insiders will appear before US Congress as powerful companies face a reckoning for the climate crisis.

AFP

ExxonMobil posts $23 bn in 2021 profits on higher oil prices

New York (AFP) - ExxonMobil reported a profitable fourth-quarter Tuesday to conclude a strong comeback year in 2021 on higher oil prices amid recovering energy demand.

The Independent UK

ExxonMobil: Pipeline, ship or both for exporting Cyprus gas

The chief of ExxonMobil’s Cyprus arm says natural gas will remain an important energy source through 2050 and quantities of the hydrocarbon found off the east Mediterranean island nation could reach markets through a pipeline or by liquefying it for transport by ship

Asharq Al-Awsat

Exxonmobil, SABIC Start Operations at Gulf Coast Manufacturing Facility

ExxonMobil and SABIC announced on Thursday the successful startup of Gulf Coast Growth Ventures world-scale manufacturing facility in San Patricio County, Texas. The new facility will produce materials used in packaging, agricultural film, construction materials, clothing, and automotive coolants. The operation includes a 1.8 million metric ton per year ethane…

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