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The Latest Breaking News from ExxonMobil

Big five oil companies to reward shareholders with record payouts

BP, Shell, Chevron, ExxonMobil and TotalEnergies to distribute more than $100bn despite public outrage

The Guardian - UK

Venezuela, Guyana Agree Not To 'Use Force' To Settle Land Dispute

Venezuela's Nicolas Maduro and Guyana's Irfaan Ali shook hands after a two-hour meeting on the Caribbean island nation of Saint Vincent and the Grenadines.

Latin Times

Venezuela, Guyana Leaders Meet To 'De-escalate' Tensions

The presidents of Venezuela and Guyana met Thursday in the Caribbean for talks that analysts said could "de-escalate" tensions but would do little to resolve their countries' long-standing -- and now reheating -- territorial dispute.

International Business Times

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ExxonMobil says it will stay in Guyana for the long term despite territorial dispute with Venezuela

Oil giant ExxonMobil says it will keep ramping up production in offshore Guyana despite the escalation of a territorial dispute with neighboring Venezuela, which claims that oil-rich region as its own

The Independent UK

Making oil is more profitable than saving the planet. These numbers tell the story

Major oil companies are under pressure to invest more money in clean energy — but there's a big hurdle: It's still a hell of a lot more profitable to produce fossil fuels.

WEKU

Revealed: more than 160 representatives with climate-denying track records got Cop28 access

UN organizers allow groups that have obstructed fossil fuel regulations and other climate action to attend, watchdog finds

The Guardian - US

Revealed: over 160 representatives with climate-denying track records got Cop28 access

UN organizers allow groups that have obstructed fossil fuel regulations and other climate action to attend, watchdog finds

The Guardian - US

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The Observer view: Maduro’s land grab in Guyana is a cynical ploy to hang on to power in Venezuela

The Guardian - UK

Tensions are soaring between Guyana and Venezuela over century-old territorial dispute

A century-old territorial dispute is boiling over between neighbors Guyana and Venezuela

The Independent UK

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

‘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

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

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

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

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Latin Times

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.

The Guardian - UK

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 Independent UK

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

International Business Times

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.

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Capital & Main

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.

WEKU

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.

International Business Times

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.

The Guardian - UK

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

International Business Times

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.

Latin Times

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

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.

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