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The Latest Breaking News from ExxonMobil

Venezuela Says It Uncovered U.S. Plot to Fabricate Incident And Justify An Invasion

Venezuela's Defense Minister said the army raised its alert level after uncovering a U.S. plot to fabricate an incident in waters contested between the country and Guyana, which would justify an invasion of the South American country

Latin Times

Marco Rubio Offers U.S. Security to Oil-Rich Guyana as Border Dispute With Venezuela Escalates

Secretary of State Marco Rubio has reaffirmed the United States' commitment to Guyana's security as tensions with Venezuela have continued to escalate

Latin Times

Rubio Offers US Security For Oil-rich Guyana As Venezuela Looms

Secretary of State Marco Rubio heads Thursday to Guyana to offer to put the newly oil-rich nation under the US security umbrella as neighboring Venezuela asserts claims.

International Business Times

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Cop30 in talks to hire PR firm that worked for lobby seeking weaker Amazon protections

Revealed: Edelman worked for Brazilian trade group accused of pushing for environmental rollbacks in Amazon

The Guardian - US

Exx marks the spot – Racing Bulls welcomes ExxonMobil as new fuel partner

Racing Bulls team principal Laurent Mekies believes the squad’s new collaboration with ExxonMobil will help with the challenge of racing with next-generation fuels.

Autosport

ExxonMobil Stock Still Looks Cheap to Analysts - Short Put Plays Have High Yields

ExxonMobil stock is off its lows but still looks cheap to analysts. After all, XOM has a 3.6% annual dividend yield and a forward multiple below 13x earnings. Moreover, selling short out-of-the-money put options is a good income play.

Barchart

Guyana Appeals To UN Court As Venezuelan Plans Vote In Disputed Zone

Guyana on Thursday sought relief from the UN's highest court after Venezuela said it would hold elections in the oil-rich Essequibo border region that both neighbors lay claim to.

International Business Times

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Half of world’s CO2 emissions come from 36 fossil fuel firms, study shows

Researchers say data strengthens case for holding firms to account for their contribution to climate crisis

The Guardian - UK

Guyana's president denounces Venezuelan incursion in offshore oil field operated by ExxonMobil

Guyana’s president has denounced an incursion by an armed Venezuelan naval vessel in disputed waters and home to a mammoth offshore oil deposit being developed by ExxonMobil

The Independent UK

Value Investors Love Exxon Stock - It Looks Cheap Here

Exxon stock still looks undervalued based on analysts' price targets and average dividend yield. As a result, shorting out-of-the-money (OTM) put options is a good way to generate income and set a buy-in target price.

Barchart

ExxonMobil Gushes Huge Cash Flow Albeit at Lower Levels - Is it Time to Buy?

ExxonMobil generated strong cash flow from operations and free cash flow, although both were lower than last year. XOM stock is well off its highs, reflecting this lower performance, so is it time to buy? One value measure says yes.

Barchart

Egypt and Eni-Total consortium to sign deal on processing Cypriot natural gas for export

Officials say Egypt and a consortium made up of energy companies Total of France and Italy’s Eni will sign a key agreement next month to transport natural gas from an undersea deposit inside Cypriot waters to Egypt, where it will be liquefied and processed for export

The Independent UK

How the oil industry and growing political divides turned climate change into a partisan issue

After four years of U.S. progress on efforts to deal with climate change under Joe Biden, Donald Trump’s return to the White House is swiftly swinging the pendulum in the opposite direction.

The Conversation

3 Dividend Stocks Rewarding Investors With Buybacks

Unlock income and growth potential with these three dividend stocks that are actively buying back shares.

MarketBeat

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The Guardian - AU

Andrew Forrest fires back at ExxonMobil’s claims of ‘smear campaigns and lawfare’

Iron ore billionaire says he is ‘personally delighted’ at lawsuit as fossil fuel giant has ‘opened themselves up to cross-examination’ in a US court

The Independent UK

Exxon Mobil Corp. sues California attorney general for defamation over plastic recycling claims

Exxon Mobil Corp. has filed a federal defamation lawsuit against California Attorney General Rob Bonta and several environmental groups

MarketBeat

Cold Front, Hot Stocks: Diesel Prices Propel Energy Leaders

Rising diesel prices fueled by winter demand and tight supply present an opportunity for energy sector investments with strong growth potential.

Reason

Making Sense of the 7-1-1-8 Split in Environment Texas Citizen Lobby v. ExxonMobile

Does a judge have an obligation to render a judgment to ensure that the court renders a judgment?

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StockNews.com

3 Small-Cap Industrials Adapting to Supply Chain Challenges

With their ability to adapt quickly and focus on innovation, small-cap industrial stocks offer growth and resilience. Amid this backdrop, you might consider keeping an eye on industrial stocks Lindsay Corp (LNN), MRC Global (MRC), and Matthews International Corp (MATW) in this evolving industrial landscape. Read on….

The Independent UK

Fears hundreds of fossil fuel lobbyists could derail crucial plastic pollution summit

Environmentalists say presence of lobbyists at negotiations ‘is like letting foxes guard the henhouse’

The Independent UK

ExxonMobil could partner up with Eni and Total to jointly develop natural gas deposits off Cyprus

Cyprus’ energy minister says ExxonMobil could partner up with a consortium composed of Eni of Italy and Total of France to jointly develop gas deposits they’ve discovered close to each other off the island nation’s southern coast

The Guardian - UK

Hampshire caught up in ‘sportswashing’ T20 row despite green claims

Hampshire have been accused of taking part in a ‘sportswashing vehicle’ before their participation in this month’s Global Super League in Guyana

The Conversation

Why big oil and gas firms might want the Paris agreement to survive

ExxonMobil chief executive Darren Woods has urged president-elect Donald Trump to not take the US out of the Paris agreement on climate change. “We need a global system for managing emissions”, he said in an interview at the annual UN climate summit in Baku, Azerbaijan.

The Guardian - UK

Five firms in plastic pollution alliance ‘made 1,000 times more plastic than they cleaned up’

Five oil and chemical companies which promised to divert plastic from environment accused of producing 132m tonnes of it

The Conversation

Climate entropy: reflections on the ground from COP29

If I had to sum up COP29 in a single word, it would be entropy. Borrowed from thermodynamics, this concept describes the delicate balance between order and disorder, a principle that governs both natural and human systems. An ecosystem, much like the climate negotiations, is not static; it is constantly…

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