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The Latest Breaking News from Exxon

Dow Jones Reverses Lower Ahead Of Fed Meeting; Caterpillar, Exxon, Pfizer, McDonald's Fall On Earnings

The Dow Jones reversed lower Tuesday, as the Fed's two-day meeting kicks off today. Caterpillar, Exxon and Pfizer dropped on earnings.

Investors Business Daily

Exxon Mobil Posts Record $56 Billion 2022 Profit, Beats Q4 Forecasts As Crude Surges

“While our results clearly benefited from a favorable market, the counter-cyclical investments we made before and during the pandemic provided the energy and products people needed," said CEO Darren Woods.

The Street

Stocks Edge Lower, Samsung, Medicare, Exxon and AMD In Focus - Five Things To Know

Stock futures lower as Fed decision looms, earnings in focus; Samsung confirms weakest quarterly profit in eight years, maintains capex plans; UnitedHealth, Humana slide as Medicare plans overpayment clawback; Exxon earnings on deck after Chevron miss and AMD earnings in focus as chip sector feels global demand slump.

The Street

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Exxon Mobil Stock, Fueled By 'Favorable Market,' Sees Record 2022 Profits, White House Responds

XOM shares edged lower Wednesday after the company reported mixed Q4 earnings Tuesday.

Investors Business Daily

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 Mobil a Morningstar Pick Among Energy Stocks

The energy-stock sector soared more than 50% last year, but Morningstar still sees some bargains.

The Street

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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

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

Dow Jones Futures Fall After Market Rally Clears Resistance; Tesla China Sales Get Bump

Futures fell after the market rally cleared resistance last week. Time to act, carefully. Tesla China sales rose post-price cuts.

Investors Business Daily

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

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Al Jazeera

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.

Tribune News Service

News briefs

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

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

AFP

ExxonMobil dismissed own global warming forecast: study

Washington (AFP) - ExxonMobil publicly downplayed climate change even though scientists for the oil giant had accurately predicted global warming from fossil fuels as far back as the late 1970s, according to a study published on Thursday.

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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.

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…

Investors Business Daily

Is It Time To Buy Exxon Stock On Forecasts For 2023 Earnings And Outlook For The Oil Industry?

Is it time to buy Exxon stock on forecasts for 2023, both for Exxon and the oil industry? Take a look at Exxon stock charts.

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

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