The Latest Breaking News from ExxonMobil

Funding at 27 universities can shift not just research agendas, but also policy in the direction the industry prefers, report says

Companies pledge to cut emissions caused by their production, while opposing measures to reduce emissions from the use of their products.

Energy giants are reaping the benefits of high energy prices. Shell followed ExxonMobil in doubling its annual profit for 2022 to nearly $40 billion, the highest in its 115-year history. It's sparked outrage among climate activists and those calling for higher taxes as households struggle with high energy bills. Also…

US oil company ExxonMobil recorded a net profit of $56 billion last year, beating its previous 2008 record. It benefitted from a surge in prices following the Russian invasion of Ukraine and a cost-cutting drive during the pandemic. The White House has called these profits "outrageous", leading to further calls…

Exxon earned nearly $56 billion in profit last year, the biggest annual profit any Western oil company has ever seen. Chevron set its own record with $35 billion in profit.

An environmental group is concerned offshore oil and gas industries are underestimating their emissions after an international study found methane leaks were under-reported in the UK.

Five of the world's biggest oil companies are expected to reveal profits equating to £5,000 a second between them while millions continue to struggle with rising energy bills

Protests against French government plans to raise the retirement age had a muted impact on the energy sector on Thursday, the first day of 48-hour strikes, lowering hydropower output and curbing some refinery deliveries.

What real estate, oil wells, racism and yogurt containers reveal about the disparate damages caused by fossil fuels