The Latest Breaking News from Exxon

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

The Independent UK · Dec 5, 2022

Time is running out. We must call out the vested interests propelling the climate crisis

It is not enough to professionally communicate the science of climate change. This is not a matter of rationality.

The Guardian - AU · Nov 18, 2022

How US climate lawsuits could hold Big Oil accountable

If successful, a growing wave of lawsuits could force companies to pay for climate adaptation, experts say.

Al Jazeera · Nov 8, 2022

Exxon, Chevron reap $31 billion profit from energy crunch

Exxon Mobil Corp. and Chevron Corp. amassed more than $30 billion in combined net income as politicians blast Big Oil for raking in massive profits at a time when consumers are struggling with soaring inflation and energy shortages worldwide.

Tribune News Service · Oct 28, 2022

ExxonMobil’s record-breaking $20bn profit nearly matches Apple’s

Oil company’s third-quarter result smashes Wall Street forecasts – as does Chevron’s £11.2bn

The Guardian - UK · Oct 28, 2022

Occidental Petroleum Is The Most Shorted Stock In The Energy Sector: How Do Exxon Mobil And Chevron Compare?

Occidental Petroleum Corporation (NYSE: OXY) has been the best-performing stock in the S&P 500 in 2022 and has inflicted major pain on short sellers.

Benzinga · Oct 26, 2022

Want To Play The Energy Sector Bullish Into Exxon Earnings? This ETF Offers 2X Returns

Direxion Energy Bull 2X Shares (NYSE: ERX) was trading slightly lower in consolidation on Tuesday, after momentum within an uptrend caused the ETF to rally over 14% between Oct. 19 and Monday.

Benzinga · Oct 25, 2022

‘Put up or shut up’: can Big Oil prove the case for carbon capture?

Lavish US tax breaks are transforming the case for technology that traps and stores CO₂. Critics say it is still a green boondoggle

Financial Times · Oct 20, 2022

Complete Exit For Exxon From Russia, Microsoft's Layoffs, Another Setback For Boeing's Potential 737 MAX 7 Approval, Visa & Mastercard Under FTC Probe: Top Stories Tuesday, Oct. 18

Reuters Exxon Exits Russia Completely After Putin Seizes Company's Properties

Benzinga · Oct 18, 2022

Exxon’s Exodus: Employees Have Finally Had Enough of Its Toxic Culture

The 140-year-old oil company is making more money than ever. Yet the pandemic exposed deep cultural problems—and talent is fleeing.

Businessweek · Oct 13, 2022