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The Latest Breaking News from Exxon

Texas court dismisses Exxon’s lawsuit against climate activist shareholders

Arjuna Capital agreed not to pursue effort to put climate science on agenda at company’s annual meetings

The Guardian - US

2 Dividend Aristocrats to Defend Against Pre-Election Volatility

These two dividend-paying oil stocks could be safe bets for investors as the world remains in election mode.

Barchart

Viagra, Spam, and unleaded gasoline: Lessons in longevity from the Fortune 500 ’70-Year Club’

Why Big Pharma, Big Food, and Big Energy dominate the list of companies that have appeared on every Fortune 500.

Fortune

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Corporations invested in carbon offsets that were ‘likely junk’, analysis says

Analysis of the carbon offset projects used by top corporations including Delta, Gucci and ExxonMobil raises concerns around their emission cuts claims

The Guardian - US

ExxonMobil and Chevron gather investors after latest big oil mega deal

Energy giants hold annual meetings as ConocoPhillips announces plan to buy Marathon Oil in $17.1bn deal

The Guardian - US

Exxon Plays Hardball Against Climate NGOs. Will Investors Care?

ExxonMobil investors will have a chance to weigh in at Wednesday's annual meeting on the company's hardball approach to the latest shareholder challenge from environmentalists over climate change.

International Business Times

1 Dividend Aristocrat to Scoop Up While It's Cheap

This oil giant, trading at an appealing valuation, offers attractive dividends in a volatile market.

Barchart

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Alleged ‘deal’ offer from Trump to big oil could save industry $110bn, study finds

Ex-president at Mar-a-Lago last month hosted more than 20 executives, including from Chevron, Exxon and Occidental Petroleum

The Guardian - US

FTC bars former Pioneer CEO in Exxon Mobil deal, saying he colluded with OPEC

Exxon Mobil's $60 billion deal to buy Pioneer Natural Resources received federal clearance, but former Pioneer CEO Scott Sheffield was barred from joining the new company's board of directors.

WEKU

US Clears ExxonMobil Deal, Bars Pioneer Ex-chief From Board

US antitrust authorities cleared ExxonMobil's acquisition of Pioneer Natural Resources under the condition that the shale producer's former CEO be barred from the company's board, regulators announced Thursday.

International Business Times

3 Dividend Aristocrats to Buy on Every Dip

As markets get wobbly, here are three Dividend Aristocrats to add a little stability to any portfolio.

Barchart

Louisiana’s flagship university lets oil firms influence research – for a price

Louisiana State University allowed Shell to influence studies after a $25m donation and sought funds from other fossil fuel firms

The Guardian - US

‘Wake-up call’: pipeline leak exposes carbon capture safety gaps, advocates say

Estimated 2,548 barrels of carbon dioxide leaked from Exxon pipeline in Louisiana on 3 April, triggering alarm among residents

The Guardian - US

2 Dividend Aristocrats Within the Energy Sector to Buy as Oil Prices Rise

Chevron and ExxonMobil stand out as formidable dividend aristocrats within the energy sector, offering compelling investment opportunities as they capitalize on global demand and strategic expansion initiatives.

Barchart

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news in one place.

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Top News

Calpers Urges Exxon To Drop Climate Change Lawsuit

CalPERS calls on Exxon Mobil to drop lawsuit against climate-conscious investors, emphasizing importance of shareholder engagement on climate change.

Top News

Suriname Urges Exxon, Totalenergies To Unify Gas Projects

Suriname urges Exxon and TotalEnergies to collaborate on gas projects for mutual benefit and economic growth.

Ballotpedia

Economy and Society, March 19, 2024: Appeals court pauses implementation of SEC climate rule

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the environmental, social, and corporate governance (ESG) trends and events that characterize the growing intersection between business and politics.

The Guardian - US

Fury after Exxon chief says public to blame for climate failures

Darren Woods tells Fortune consumers not willing to pay for clean-energy transition, prompting backlash from climate experts

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Salon

Exxon CEO to world: "Pay the price"

Exxon CEO Darren Woods says Big Oil's not to blame for climate crisis, saying world "waited too long"

WEKU

ExxonMobil is suing investors who want faster climate action

The oil and gas giant is suing investor groups that want it to slash climate pollution. Interest groups on both sides of the case say it could lead to more lawsuits against activist investors.

Top News

Pioneer Natural Reports Strong Production Amid Exxon Takeover

Pioneer Natural Resources demonstrates operational excellence and resilience amidst potential Exxon takeover.

International Business Times

Maduro Vows To Bar ExxonMobil From Guyanese Region Claimed By Venezuela

Venezuelan President Nicolas Maduro has vowed to bar US petroleum giant ExxonMobil from the waters off the oil-rich region of Essequibo, which Caracas claims from Guyana as its own.

WEKU

Reduce, reuse, redirect outrage: How plastic makers used recycling as a fig leaf

Recycling "does not solve the solid waste problem," the head of a plastics trade group said in 1989, around the time the industry was launching its recycling campaign.

The Guardian - US

Exxon plan for Guyana oil exploration risks raising tensions with Venezuela

President of ExxonMobil Guyana confirms plan to drill two new wells off Atlantic coast as territorial dispute simmers

Top News

Exxon Mobil's Q4 Profits Decline Due to Lower Oil Prices and Impairment Charge in California

Exxon Mobil's fourth-quarter revenue and profits declined due to lower oil prices and regulatory issues in California, but the company raised its dividend.

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