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The Latest Breaking News from ExxonMobil

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 Independent 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

The Guardian - UK

Oil-rich Guyana opens bids for new offshore blocks as it seeks to boost production

The government of Guyana has opened bids for 14 offshore oil blocks available for exploration and development as the South American country seeks to ramp up oil production

The Independent UK

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3 Energy Stocks With Strong Momentum Behind Them in September

Expectations of higher global demand and constrained supplies amid extended voluntary cuts by Saudi and Russia will likely put upward pressure on oil and gas prices, providing solid tailwinds for the energy sector. Hence, let’s take a look at quality energy stocks Exxon Mobil (XOM), Shell (SHEL), and Baker Hughes…

StockNews.com

Riding the Crude Oil Surge: An Option Play for Potential Profits as Prices Approach $90

In the dynamic world of energy markets, a seismic shift is underway. Crude oil, often regarded as the lifeblood of the global economy, has been making waves as it surges towards the $90 mark.

Barchart

Despite Setbacks, Activists Score Victories in Texas Fight Over Tax Breaks for Fossil Fuel Industry

Following watchdog's advice, senators shrink tax giveaway program for oil and gas.

Capital & Main

Around 100 Mossmorran workers withdraw labour over safety fears

HUNDREDS of workers at ExxonMobil’s petrochemical plant in Mossmorran have withdrawn their labour in a dispute over health and safety concerns,…

The National (Scotland)

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EnLink Midstream Publishes Sustainability Report, Exxon Explores Lithium Supply Chains, Global Lubricants Market Analysis

EnLink highlights emissions reduction, Exxon in talks with automakers for lithium supply, lubricants market overview

Zenger

Big Oil’s War Against ‘Woke Capitalism’

The fossil fuel industry and right-wing activists are increasingly targeting investors that consider environmental and social issues — but is it working?

Capital & Main

Heathrow asks airlines to carry excess fuel despite carbon impact

Airport cites supply issues, but says there has been no impact on passengers or flights

The Guardian - UK

Watch Oil Giant ExxonMobil's Thinly Veiled Anti-EV Commercial

A new commercial for Mobil 1 titled "Breaking Free" invites US consumers "to step away from their devices and celebrate the love of driving" gas-powered cars.

InsideEVs

UK investors backtrack on support for climate resolution at oil firms’ AGMs

Asset management firms accused of sacrificing climate action by voting against shareholder resolution at Chevron and ExxonMobil

The Guardian - UK

Short Circuit: A Roundup of Recent Federal Court Decisions

A rough ride, an injury in law, and sexy polygraphs.

Reason

How To Buy XOM For A 7% Discount, Or Achieve A 14% Annual Return

Yesterday, with XOM trading at $104.84, the September 15 put option with a strike price of $100 was trading around $2.55. Traders selling this put would receive $255 in option premium.

Barchart

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Kiplinger

Committed to Sustainable Investing? Three Questions to Ask Your Adviser

Don’t be shy about asking your adviser tough questions. You don’t want to find out after the fact that your portfolio isn’t as responsible as you thought it was.

The Guardian - US

Meet the DC thinktank giving big oil ‘the opportunity to say they’ve done something’

The fossil fuel industry has a long history of hiring PR firms to sow confusion about climate change – but the Climate Leadership Council isn’t just a front group

Tribune News Service

Family of man killed by Detroit gas station clerk sues ExxonMobil for $100 million

SOUTHFIELD, Mi. — The family of a man killed by an ExxonMobil gas station clerk over an alleged dispute over a piece of beef jerky has filed a lawsuit against the clerk charged with killing the customer.

The Guardian - US

‘Double agents’: fossil-fuel lobbyists work for US groups trying to fight climate crisis

Exclusive: new database shows 1,500 US lobbyists working for fossil-fuel firms while representing universities and green groups

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Bangkok Post

The chemistry that's all around us

Chemistry is essential to our everyday lives, powering us in a myriad of different ways.

The Independent UK

Oregon county sues oil, coal companies for $51 billion over deadly heat dome

Oregon's most populous county is suing more than a dozen fossil fuel companies to recover costs related to extreme weather events

Bangkok Post

US county sues oil companies for $51 bn over 'Heat Dome' disaster

WASHINGTON - A county in the northwestern state of Oregon on Thursday filed a lawsuit against major fossil fuel companies seeking more than $51 billion over the 2021 "Heat Dome," one of the United States' deadliest weather-related disasters.

The Guardian - US

Be angry about the wildfire pollution – but be angry at the right people

A poisonous haze made the air over New York temporarily more hazardous than any other place on Earth. Thank fossil fuel billionaires

Texas Observer

Over 20 Years, Texas Allowed 1 Billion Pounds Excess Emissions

So-called "excess" emissions have ballooned in Texas, thanks to an almost total lack of enforcement, report Grist and Science Friday.

Fortune

This state boasts the most Fortune 500 companies in 2023

Texas retained its crown as the state with the most Fortune 500 companies thanks to a combination of legacy energy companies and an emerging tech hub.

Fortune

Oil, health care, Texas are winners on this year's Fortune 500

Oil company ExxonMobil surpassed Apple to hit No. 3 on this year's ranking of the largest U.S. companies by revenue.

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