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The Latest Breaking News from Exxon

Govt asks state-run petroleum firms to consider buying Russian oil assets

The call on companies to explore buying the stake in Rosneft came after BP CEO Bernard Looney met Petroleum Minister Hardeep Singh Puri in March

The Hindu

Oil Stocks: Exxon, Chevron Earnings Fall Short With Crude Oil Above $100

Exxon Mobil and Chevron earnings jumped but missed Q1 views even with crude oil prices above $100. Both oil stocks fell, but near buy points.

Investors Business Daily

$Violence against activists grows as Colombia's pilot fracking projects progress$

Violence against activists grows as Colombia's pilot fracking projects progress

Colombia's anti-fracking activists are facing increased threats and violence as two investigative pilot projects to extract oil and gas from unconventional fields move forward, five campaigners said, with some forced to flee in fear for their lives.

Reuters

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'Great resignation' appears to be hastening the exodus of US and other Western companies from Russia

Companies across the globe are fleeing Russia in an unprecedented display of corporate solidarity with their governments, appalled over the invasion of Ukraine. Over 750 multinational businesses so far have said they’re curtailing, suspending or severing ties to Russia, more than triple the number that abandoned South Africa over apartheid…

The Conversation

Walmart+ Offers Fuel Discount To Members

Walmart Inc (NYSE:WMT) said members of its Walmart+ program would receive an instant discount of up to 10 cents on every gallon of fuel they purchase at participating fuel stations. Walmart+ fuel discount is available at more than 14,000 stations with the addition of 12,000 Exxon Mobil Corp (NYSE:XOM) Exxon and Mobil locations across the…

Benzinga

Will Big Oil face another reckoning?

The new season of shareholder climate demands has begun

Salon

‘What we now know … they lied’: how big oil companies betrayed us all

In a powerful new three-part docuseries, the oil industry is put on trial as the extent of climate change awareness is revealed

Newsroom.co.nz

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Dow Jones Futures Fall After Bears Hunt Down Market Bulls; Twitter-Elon Musk Deal Close

Futures fell solidly, signaling further stock market losses. Twitter could soon accept a buyout by Tesla CEO Elon Musk.

Investors Business Daily

‘What we now know … they lied’: how big oil companies betrayed us all

In a powerful new three-part docuseries, the oil industry is put on trial as the extent of climate change awareness is revealed

The Guardian - US

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

Dow Jones Futures Rise With Market Rally At Key Levels; Tesla's Musk Parties In Austin But Shanghai Still Shut

Futures rise after the market rally held key support but remains under pressure. Tesla held a "Cyber Rodeo" at its Austin plant Thursday night.

Investors Business Daily

Democrats accuse oil companies of 'rip off' on gas prices

House Democrats are accusing oil companies of “ripping off the American people” and putting profits before production as Americans suffer from higher gasoline prices amid the war in Ukraine

The Independent UK

Executives due at gas price hearing gave $1 million to parties, candidates

One CEO called to testify about high gas prices at a hearing Wednesday gave $469,000 since 1993, public records show.

Roll Call

Exxon Mobil, Google Lead Five Stocks Near Buy Points For Resilient Portfolio

Exxon Mobil and Google are among five stocks near buy points. A diverse portfolio can be more resilient amid market shifts.

Investors Business Daily

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Benzinga

Analyst: What Exxon's Foray Tells Us About 'Convergence' Between Bitcoin Mining And Energy Production

An analyst with Cathie Wood’s Ark Invest said the convergence between Bitcoin (CRYPTO: BTC) and energy production is set to accelerate.

Texas Observer

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.

Tribune News Service

Fire at Exxon Mobil refinery in Montana shuts down some units

A fire broke out at an Exxon Mobil Corp. refinery in Montana and was extinguished early Sunday, the company said, and the units involved have been shut while crews stabilize operations.

The Independent UK

Residents evacuated after car crash leads to explosion near Exxon gas station in Texas

‘It literally sounded like a space shuttle taking off’

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The Guardian - US

A pro-fossil fuel Disney ride voiced by Ellen DeGeneres and Bill Nye? Yes, it existed

Buckle up for the story of Ellen’s Energy Adventure – a ride whose sympathetic stance toward oil and coal is newly relevant

Salon

Big Oil's actions louder than words

A new study illustrates fossil fuel companies' greenwashing agenda

The Guardian - US

How oil companies rebranded deceptive climate ads as ‘free speech’

In two dozen climate liability cases, companies are arguing that their public statements about climate change are not ‘deceptive’ so much as persuasive – and protected free speech

Benzinga

Exxon Mobil Whale Trades For March 09

Someone with a lot of money to spend has taken a bearish stance on Exxon Mobil (NYSE:XOM). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

The Independent 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 Guardian - UK

Six key lifestyle changes can help avert the climate crisis, study finds

Research shows that governments and individuals making small changes can have a huge impact in reducing emissions

Benzinga

Is Exxon Mobil Really A Growth Stock Right Now?

Exxon Mobil Corp (NYSE: XOM) shares are up 25.4% year-to-date in 2022 as investors have piled into energy stocks, value stocks and dividend stocks. One analyst said Thursday that a closer look at Exxon's fundamentals reveals it may actually be an under-the-radar growth stock.

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