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The Latest Breaking News from ExxonMobil

Oil At The Root Of Guyana-Venezuela Border Row

The discovery of vast oil deposits is blamed for reigniting a decades-old territorial dispute between Venezuela and Guyana that fast worsened as Guyana started granting licenses to multinationals to exploit crude in waters claimed by both countries.

International Business Times · Dec 8, 2023

‘Greedflation’ study finds many companies were lying to you about inflation

Companies like Exxon Mobil, Shell, and Kraft Heinz enjoyed bumper profits as consumers struggled with historic inflation.

Fortune · Dec 8, 2023

Calls Mount For Calm As Guyana-Venezuela Border Tensions Soar

The United States, through National Security Council spokesman John Kirby, urged the sides to find a diplomatic solution to the territorial dispute, saying "we don't want to see this come to blows."

Latin Times · Dec 8, 2023

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Chevron, Exxon Responses Diverge Amid Venezuela-Guyana Border Buildup

ExxonMobil and Chevron are both waiting to see what happens next for Guyana, as a dizzying set of competing incentives come into play.

International Business Times · Dec 7, 2023

Venezuela-Guyana Tensions Soar, US Mounts Military Exercises

The United States announced joint military flight drills in Guyana on Thursday as soaring tensions over a contested oil-rich region with neighbor Venezuela prompted the UN Security Council to call an urgent meeting.

International Business Times · Dec 7, 2023

Guyana Army Helicopter Missing Near Tense Border With Venezuela

The long-running dispute over Essequibo, which comprises some two-thirds of Guyanese territory, has intensified since ExxonMobil discovered oil there in 2015.

Latin Times · Dec 7, 2023

Greedflation: corporate profiteering ‘significantly’ boosted global prices, study shows

Multinationals in particular hiked prices far above rise in costs to deliver an outsize impact on cost of living crisis, report concludes

The Guardian - UK · Dec 7, 2023

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Federal Trade Commission is investigating ExxonMobil's $60B deal to acquire a Texas oil company

Security filings show the Federal Trade Commission is investigating ExxonMobil’s $60 billion deal to acquire a Texas oil company, potentially one the largest energy industry mergers in two decades

The Independent UK · Dec 5, 2023

US Antitrust Regulators Probe ExxonMobil's Pioneer Deal

US antitrust officials are seeking additional information related to ExxonMobil's megadeal to acquire Pioneer Natural Resources for about $60 billion, according to a securities filing Tuesday.

International Business Times · Dec 5, 2023

New Mexico Governor Kickstarts Effort to Overhaul Oil and Gas Regulation

The 1935 Oil and Gas Act outlines oversight of fossil fuel production in the state. It hasn't been updated in decades.

Capital & Main · Dec 5, 2023

Oil firms are out in force at the climate talks. Here's how to decode their language

The oil industry has a huge voice in this year's climate talks. But what are oil companies actually saying? And why does it matter? We break down their pledges and statements into plain English.

WEKU · Dec 5, 2023

Record More Than 2,000 Fossil Fuel Lobbyists At COP28 Talks: NGOs

A record almost 2,500 fossil fuel lobbyists have been accredited for UN climate talks in Dubai, as negotiators wrestle with calls to end all new oil, gas and coal projects to curb global warming, campaign groups said Tuesday.

International Business Times · Dec 5, 2023

Record number of fossil fuel lobbyists get access to Cop28 climate talks

UAE-hosted summit admitted at least 2,456 people affiliated with oil and gas industries, analysis finds

The Guardian - UK · Dec 5, 2023

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 · Dec 4, 2023

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Latin Times · Dec 1, 2023

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.

International Business Times · Dec 1, 2023

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.

The Independent UK · Nov 21, 2023

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

WEKU · Nov 16, 2023

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.

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Texas Observer · Nov 16, 2023

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.

Radio France Internationale · Nov 16, 2023

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.

The Independent UK · Nov 13, 2023

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

WEKU · Nov 13, 2023

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.

France 24 · Nov 7, 2023

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…

AAP · Nov 3, 2023

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.

Capital & Main · Nov 1, 2023

New Mexico’s Wild Hydrogen Days

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

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