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The Latest Breaking News from Exxon

‘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

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

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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

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.

Benzinga

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

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.

Tribune News Service

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

‘It literally sounded like a space shuttle taking off’

The Independent UK

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

The Guardian - US

Big Oil's actions louder than words

A new study illustrates fossil fuel companies' greenwashing agenda

Salon

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

The Guardian - US

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.

Benzinga

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

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

The Guardian - UK

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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.

Benzinga

6 Of The Best Energy Stocks To Buy And Hold As Oil Prices Surge

WTI crude oil prices have surged to 11-year highs above $108 per barrel in March in the wake of the Russian invasion of Ukraine. The geopolitical instability has rattled financial markets, but the energy sector is soaring.

The Independent UK

Boeing and Ford latest corporate giants to suspend operations in Russia

Major corporations like ExxonMobil and Disney have also cut ties

The Independent UK

Exxon Mobil to shut down Russian oil production after attack on Ukraine

Company will not leave immediately but says it will make no new investment in Sakhalin project

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Axios

Exxon to end operations in Russia, vows no new investments

Exxon has longstanding investments and operations in Russia.

Benzinga

Exxon Mobil, Marathon Oil Stocks Soar; But Is It A Warning Signal For The Economy?

The S&P 500 has struggled so far in 2022, but a combination of energy shortages, booming reopening demand, inflation and geopolitical unrest has oil prices trading at multi-year highs.

Benzinga

High Inflation And Dividend Stocks: Is It Time For Coca-Cola And Exxon Mobil To Shine?

Inflation can be a nuisance for investors, eating away at portfolio returns. The U.S. Labor Department reported a 7.5% increase in the consumer price index in the month of January, the fastest inflation growth since 1982.

Benzinga

Why Exxon Mobil Looks Set For New Highs As Crude Oil Soars

Exxon Mobil Corporation (NYSE: XOM) gapped up almost 3% higher on Thursday morning but immediately ran into a group of sellers, which dropped the stock down 1.6% at press time.

Benzinga

Looking At Exxon Mobil's Recent Whale Trades

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

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.

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