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The Latest Breaking News from ExxonMobil

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

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

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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

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3 Dividend Stocks Rewarding Investors With Buybacks

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

MarketBeat

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 Guardian - AU

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

The Independent UK

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.

MarketBeat

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?

Reason

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….

StockNews.com

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

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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

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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…

Top News

Exxonmobil Opposes Trump's Plan To Withdraw From Paris Agreement

ExxonMobil opposes Trump's Paris agreement withdrawal, advocates for stable climate policies and industry transformation to combat climate change effectively.

The Guardian - US

Big oil firms knew of dire effects of fossil fuels as early as 1950s, memos show

Newly unearthed documents contain warning from head of Air Pollution Foundation, founded in 1953 by oil interests

Barchart

3 Top Energy Stocks to Buy for Reliable Dividend Income

Oil prices are volatile, but these three energy giants offer reliable dividend payments backed by steady cash flows.

The Independent UK

Cyprus is committed to expanding defense ties with the US, says its president

The president of Cyprus says his administration is committed to expanding defense and security cooperation with the U_S_ as his meeting with the American President Joe Biden last week charted a course for the “next ambitious steps” in bilateral relations that are currently at a “historic high.”

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