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The Latest Breaking News from Exxon

UN leader attacks fossil fuel companies in Davos for sowing doubt on climate change

"Some in big oil peddled the big lie," he said.

Axios

ExxonMobil ignored accurate global warming studies by its scientists for decades, research finds

ExxonMobil, one of the world's largest fossil fuel companies, predicted global warming, but chose to downplay climate change for decades.

The New Daily

Afternoon Update: were factional feuds behind Perrottet’s revelation?; Lisa Marie Presley dies; and Covid cases drop

NSW premier refuses to engage with suggestions Liberal party feuds led to his Nazi costume revelation, but that hasn’t stopped speculation

The Guardian - AU

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ExxonMobil predicted climate change while downplaying risk

US-based company’s own scientists accurately predicted global warming as far back as the 1970s, study says.

Al Jazeera

News briefs

New ‘kraken’ mutation of the COVID-19 virus is most contagious subvariant yet

Tribune News Service

AP photographer Jack Smith, who shot Mount St. Helens, dies

Jack Smith, an Associated Press photographer who captured unforgettable shots of the eruption of Mount St. Helens, the Exxon-Valdez oil spill and the Olympics during his 35-year career with the news organization, has died

The Independent UK

ExxonMobil publicly denied global warming for years but quietly predicted it

In perhaps one of the most cynically ironic twists in the field of climate science, new research suggests ExxonMobil may have had keener insight into the impending dangers of global warming than even NASA scientists but still waged a decades-long campaign to discredit research into climate change and its connection…

Los Angeles Times

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Study: Exxon Mobil accurately predicted warming since 1970s

A new study says Exxon Mobil’s scientists were remarkably accurate in their predictions about global warming

The Independent UK

Exxon climate predictions were accurate decades ago. Still it sowed doubt

Exxon's climate research decades back painted an accurate picture of global warming, according to a new scientific paper. Still, the oil company continued climate-denying policy efforts.

WEKU

This oil giant accurately predicted global warming — and still lied about it

New research finds ExxonMobil's internal research accurately projected global warming, even as their public messaging downplayed climate change.

Inverse

Commentary: Lying about climate change is its own industry

Over the holidays too many years ago, when I was little more than a toddler, I was caught in a baldfaced lie after having exhausted the freshly baked treasures of a kitchen cookie jar. I denied “the truth and the whole truth” by claiming maybe to have only eaten one…

Tribune News Service

ExxonMobil takes EU to court in bid to block ‘counter-productive’ windfall tax

Oil and gas giant has accused the EU of overreaching its authority with move to tax profits amid energy crisis

The Independent UK

Oil firms have internally dismissed swift climate action, House panel says

Documents show the fossil fuel industry ‘has no real plans to clean up its act’ and took steps to continue business as usual

The Guardian - US

The Best Energy ETFs to Buy

Energy ETFs can help investors earn income, hedge against inflation and speculate on commodity prices. Here are five we like.

Kiplinger

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WEKU

A former Florida congressman is arrested on charges of lobbying for Venezuela

A newly unsealed grand jury indictment alleges that former Rep. David Rivera, a well-connected Florida Republican, illegally acted on Venezuela's behalf.

The Independent UK

Ex-Miami congressman Rivera arrested in Venezuela probe

A former Miami Republican congressman who signed a $50 million consulting contract with Venezuela’s socialist government has been arrested in connection to an ongoing federal criminal investigation

The Guardian - AU

Time is running out. We must call out the vested interests propelling the climate crisis

It is not enough to professionally communicate the science of climate change. This is not a matter of rationality.

Al Jazeera

How US climate lawsuits could hold Big Oil accountable

If successful, a growing wave of lawsuits could force companies to pay for climate adaptation, experts say.

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Tribune News Service

Biden feud with Big Oil ratchets up just as world needs more US oil

As October drew to a close, the White House saw another potential energy flash point on the horizon.

Texas Observer

Industry Threatens Water Supplies and Coastal Ecology Near Corpus Christi

Environmentalists have seized on water supply as a “chokehold” to block fossil fuels on the rugged South Texas coast.

The Texas Tribune

Corpus Christi sold its water to Exxon, gambling on desalination. So far, it is losing the bet.

Concerns over ecological damage to Corpus Christi Bay have delayed plans to convert sea water to drinking water for years in this booming Gulf Coast city, where environmentalists see water supply as a “chokehold” to block new fossil fuel infrastructure.

Benzinga

Exxon Mobil, Chevron Shares Continue Rally Following Q3 Earnings, But Which Oil Stock Do Wall Street Analysts Prefer?

U.S. oil majors Exxon Mobil Corp (NYSE: XOM) and Chevron Corporation (NYSE: CVX) both reported impressive third-quarter numbers last week, with each company beating consensus earnings estimates by roughly 15%.

Tribune News Service

Exxon, Chevron reap $31 billion profit from energy crunch

Exxon Mobil Corp. and Chevron Corp. amassed more than $30 billion in combined net income as politicians blast Big Oil for raking in massive profits at a time when consumers are struggling with soaring inflation and energy shortages worldwide.

The Guardian - UK

ExxonMobil’s record-breaking $20bn profit nearly matches Apple’s

Oil company’s third-quarter result smashes Wall Street forecasts – as does Chevron’s £11.2bn

Benzinga

Occidental Petroleum Is The Most Shorted Stock In The Energy Sector: How Do Exxon Mobil And Chevron Compare?

Occidental Petroleum Corporation (NYSE: OXY) has been the best-performing stock in the S&P 500 in 2022 and has inflicted major pain on short sellers.

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