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The Latest Breaking News from ExxonMobil

COP28 Makes Progress On Methane And Climate Finance; Talks Derailed By Fossil Fuel Phase-Out

Two steps forward and another one back: COP28 makes progress on major initiatives, but critics say the oil lobby mars an otherwise productive summit.

International Business Times

Venezuela To Vote On Oil-rich Region Controlled By Guyana

A decades-old dispute over the oil-rich Essequibo territory reaches a new, potentially escalatory chapter on Sunday as Venezuela holds a referendum regarding the Guyana-controlled region.

Latin Times

Venezuela To Vote On Oil-Rich Region Controlled By Guyana

"The Venezuelan sun rises in Essequibo," "Essequibo belongs to Guyana" — the opposing camps' slogans say it all.

International Business Times

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With patriotic reggaeton and videos, Venezuela's government fans territorial dispute with Guyana

Venezuelan textbooks contain maps of the region in which students learn to quickly point out their homeland as well as neighboring Colombia, Brazil and Guyana

The Independent UK

Private detective who led a hacking attack against climate activists gets prison time

Aviram Azari was sentenced to almost seven years in prison on Thursday. Azari directed a group of hackers that targeted thousands of victims globally, including U.S. climate activists.

WEKU

Court: Lone Star State Violated Emissions Limits on Gulf Coast

Judges argued that the Texas Commission on Environmental Quality illegally enabled Port Arthur LNG to avoid emission control requirements.

Texas Observer

Oil, gas giants could pay climate damage and still profit: report

Major oil and gas companies such as Aramco, ExxonMobil and Shell could have paid for their share of the damage caused by climate change and still earned trillions of dollars in profit, researchers said on Thursday.

Radio France Internationale

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Exxon Mobil is drilling for lithium in Arkansas and expects to begin production by 2027

Exxon Mobil is drilling for lithium in Arkansas and expects to begin production of the critical material for electric vehicles by 2027

The Independent UK

The world is awash in plastic. Oil producers want a say in how it's cleaned up

Groups connected to the fossil fuel industry are trying to shape an international treaty to cut plastic pollution. And oil- and gas-producing nations are at the negotiating table.

WEKU

McKinsey & Company pushes fossil fuel interests as advisor to UN climate talks, whistleblowers say

The world's top management consultancy McKinsey & Company is using its position as a key advisor to the UN's COP28 climate talks to push the interests of its big oil and gas clients, undermining efforts to end the use of the fossil fuels driving global warming, according to multiple sources…

France 24

Report pokes holes in fuel company plans for net zero

An analysis of net-zero plans released by petrol companies have questioned their green claims, including their reliance on 'dirty' hydrogen and carbon offsets.

AAP

New Mexico’s Wild Hydrogen Days

State hydrogen projects promoted, killed; governor goes to Australian hydrogen conference with oil and gas reps.

Capital & Main

Ignore Wall Street and Buy Chevron Stock on Guyana Growth Prospects

Chevron is buying Hess because of its crown jewel assets in the oil-producing powerhouse of Guyana, which could fuel longer-term growth in CVX for years to come.

Barchart

Fossil fuel firms spent millions on US lawmakers who sponsored anti-protest bills

About 60% of oil and gas operations protected from protest due to money spent on lobbying, says Greenpeace USA report

The Guardian - US

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Barchart

3 Mega-Cap Stocks To Buy Before They're Worth $1 Trillion

Meta Platforms, Berkshire Hathaway, and ExxonMobil could be among the next crop of mega-cap corporations to join the trillion-dollar club, alongside corporate heavyweights like Apple, Microsoft, and Nvidia.

StockNews.com

3 Energy Stock Picks for Steady Long-Term Momentum

The energy sector’s outlook looks bright amid rising oil prices fueled by constrained supplies and robust demand for crude oil and natural gas worldwide. Thus, Exxon Mobil (XOM), Shell (SHEL), and Imperial Petroleum (IMPP), with solid long-term momentum, could be ideal stock picks now. Keep reading….

The Conversation

How oil companies put the responsibility for climate change on consumers

The political response to the climate crisis remains largely inadequate in the face of heat waves, hurricanes, floods and forest fires that are accelerating and intensifying.

The Guardian - US

Exxon reinforces support for fossil fuels with deal to buy shale giant for $60bn

Deal to buy Pioneer Natural Resources shows Exxon’s confidence that fossil fuel output will not be hampered in years to come

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Barchart

This Permian Basin Energy Stock Could Be the Next Big Oil Takeover Target

Large oil companies in the U.S. are making barrels of cash, and Exxon's bid to buy Pioneer could set off a flurry of similar acquisitions in the Permian Basin.

The Independent UK

Exxon oil executive faces sexual assault charge in Texas

David Scott, 49, who manages Exxon’s shale oil and gas production dealings, was arrested last Thursday at a budget hotel

Fortune

Meet the CFOs on Fortune’s list of the Most Powerful Women in Business

One hundred women leaders across industries earned a spot on the 2023 list, including several finance chiefs.

WEKU

Biden calls for up to 3 offshore oil leases in Gulf of Mexico, upsetting both sides

The administration's proposal seeks to strike a balance between energy companies seeking greater oil and gas production and environmental activists who want Biden to shut down new offshore drilling.

The Independent UK

Biden calls for up to three oil and gas lease sales in the Gulf of Mexico, disappointing all sides

President Joe Biden's administration has proposed up to three oil and gas lease sales in the Gulf of Mexico over the next five years but none in Alaska

The Independent UK

ExxonMobil loses bid to truck millions of gallons of crude oil through central California

ExxonMobil has lost a court bid to truck millions of gallons of crude oil through central California — a crucial part of its efforts to restart offshore oil wells that were shut in 2015 after a pipeline leak caused the worst coastal spill in 25 years

The Guardian - UK

First Thing: ‘Defining moment’ as auto workers strike after talks fail with car giants

Deadline expires with sides still far apart on union’s contract priorities. Plus, Hunter Biden indicted on federal charges

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