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The Latest Breaking News from Exxon

Exxon announced record earnings. It's bound to renew scrutiny of Big Oil

Exxon earned nearly $56 billion in profit last year, the biggest annual profit any Western oil company has ever seen. Chevron set its own record with $35 billion in profit.

WEKU

Unprecedented profit for Exxon as travel, and war, heated up

Exxon Mobil posted record annual profits in 2022 as consumers globally struggled with high prices for gasoline, home heating and consumer goods

The Independent UK

Esso owners raked in record £44bn last year as drivers battled with soaring fuel prices

US heavyweight Exxon Mobil’s massive haul was not only more than it has ever made before but a historic high for a Western oil company

Daily Mirror

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Difficulty measuring methane slows plan to slash emissions

Satellites, drones and airplanes equipped with infrared cameras will likely be the backbone of a new federal policy to fine the nation’s largest methane polluters

The Independent UK

Exxon scientists accurately forecast climate change back in the 1970s – what if we had listened to them and acted then?

Writers of speculative- and science-fiction often identify a key point in time and explore how a seemingly insignificant event might change the path of humanity.

The Conversation

Guyana: Satellites will spot oil spills, not on-ship experts

The former leader of Guyana’s Environmental Protection Agency is criticizing the government's plan to use satellites to monitor oil spills in the South American nation’s waters

The Independent UK

Exxon’s predictions about the climate crisis may have increased its legal peril

Several US states say news that Exxon scientists predicted global heating accurately strengthens their lawsuits against company

The Guardian - US

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Public funding for political campaigns will keep government working in public’s interest

Exxon Mobil spent millions on climate change denial and political contributions — mostly to Republicans — to block action against climate change.

Chicago Sun-Times

Exxon and the 1970s climate predictions that were ignored

Letters: Dr Kimon Roussopoulos and Lynn Malpas on unheeded warnings about global heating

The Guardian - UK

UN leader attacks fossil fuel companies in Davos for sowing doubt on climate change

"Some in big oil peddled the big lie," he said.

Axios

ExxonMobil ignored accurate global warming studies by its scientists for decades, research finds

ExxonMobil, one of the world's largest fossil fuel companies, predicted global warming, but chose to downplay climate change for decades.

The New Daily

Afternoon Update: were factional feuds behind Perrottet’s revelation?; Lisa Marie Presley dies; and Covid cases drop

NSW premier refuses to engage with suggestions Liberal party feuds led to his Nazi costume revelation, but that hasn’t stopped speculation

The Guardian - AU

ExxonMobil predicted climate change while downplaying risk

US-based company’s own scientists accurately predicted global warming as far back as the 1970s, study says.

Al Jazeera

News briefs

New ‘kraken’ mutation of the COVID-19 virus is most contagious subvariant yet

Tribune News Service

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The Independent UK

AP photographer Jack Smith, who shot Mount St. Helens, dies

Jack Smith, an Associated Press photographer who captured unforgettable shots of the eruption of Mount St. Helens, the Exxon-Valdez oil spill and the Olympics during his 35-year career with the news organization, has died

Los Angeles Times

ExxonMobil publicly denied global warming for years but quietly predicted it

In perhaps one of the most cynically ironic twists in the field of climate science, new research suggests ExxonMobil may have had keener insight into the impending dangers of global warming than even NASA scientists but still waged a decades-long campaign to discredit research into climate change and its connection…

The Independent UK

Study: Exxon Mobil accurately predicted warming since 1970s

A new study says Exxon Mobil’s scientists were remarkably accurate in their predictions about global warming

WEKU

Exxon climate predictions were accurate decades ago. Still it sowed doubt

Exxon's climate research decades back painted an accurate picture of global warming, according to a new scientific paper. Still, the oil company continued climate-denying policy efforts.

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Inverse

This oil giant accurately predicted global warming — and still lied about it

New research finds ExxonMobil's internal research accurately projected global warming, even as their public messaging downplayed climate change.

Tribune News Service

Commentary: Lying about climate change is its own industry

Over the holidays too many years ago, when I was little more than a toddler, I was caught in a baldfaced lie after having exhausted the freshly baked treasures of a kitchen cookie jar. I denied “the truth and the whole truth” by claiming maybe to have only eaten one…

The Independent UK

ExxonMobil takes EU to court in bid to block ‘counter-productive’ windfall tax

Oil and gas giant has accused the EU of overreaching its authority with move to tax profits amid energy crisis

The Guardian - US

Oil firms have internally dismissed swift climate action, House panel says

Documents show the fossil fuel industry ‘has no real plans to clean up its act’ and took steps to continue business as usual

Kiplinger

The Best Energy ETFs to Buy

Energy ETFs can help investors earn income, hedge against inflation or speculate on commodity prices. Here are five we like.

WEKU

A former Florida congressman is arrested on charges of lobbying for Venezuela

A newly unsealed grand jury indictment alleges that former Rep. David Rivera, a well-connected Florida Republican, illegally acted on Venezuela's behalf.

The Independent UK

Ex-Miami congressman Rivera arrested in Venezuela probe

A former Miami Republican congressman who signed a $50 million consulting contract with Venezuela’s socialist government has been arrested in connection to an ongoing federal criminal investigation

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