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The Latest Breaking News from ExxonMobil

3 Energy Stock Picks for Steady Long-Term Momentum

The energy sector’s outlook looks bright amid rising oil prices fueled by constrained supplies and robust demand for crude oil and natural gas worldwide. Thus, Exxon Mobil (XOM), Shell (SHEL), and Imperial Petroleum (IMPP), with solid long-term momentum, could be ideal stock picks now. Keep reading….

StockNews.com

How oil companies put the responsibility for climate change on consumers

The political response to the climate crisis remains largely inadequate in the face of heat waves, hurricanes, floods and forest fires that are accelerating and intensifying.

The Conversation

Exxon reinforces support for fossil fuels with deal to buy shale giant for $60bn

Deal to buy Pioneer Natural Resources shows Exxon’s confidence that fossil fuel output will not be hampered in years to come

The Guardian - US

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This Permian Basin Energy Stock Could Be the Next Big Oil Takeover Target

Large oil companies in the U.S. are making barrels of cash, and Exxon's bid to buy Pioneer could set off a flurry of similar acquisitions in the Permian Basin.

Barchart

Exxon oil executive faces sexual assault charge in Texas

David Scott, 49, who manages Exxon’s shale oil and gas production dealings, was arrested last Thursday at a budget hotel

The Independent UK

Meet the CFOs on Fortune’s list of the Most Powerful Women in Business

One hundred women leaders across industries earned a spot on the 2023 list, including several finance chiefs.

Fortune

Biden calls for up to 3 offshore oil leases in Gulf of Mexico, upsetting both sides

The administration's proposal seeks to strike a balance between energy companies seeking greater oil and gas production and environmental activists who want Biden to shut down new offshore drilling.

WEKU

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Biden calls for up to three oil and gas lease sales in the Gulf of Mexico, disappointing all sides

President Joe Biden's administration has proposed up to three oil and gas lease sales in the Gulf of Mexico over the next five years but none in Alaska

The Independent UK

ExxonMobil loses bid to truck millions of gallons of crude oil through central California

ExxonMobil has lost a court bid to truck millions of gallons of crude oil through central California — a crucial part of its efforts to restart offshore oil wells that were shut in 2015 after a pipeline leak caused the worst coastal spill in 25 years

The Independent UK

First Thing: ‘Defining moment’ as auto workers strike after talks fail with car giants

Deadline expires with sides still far apart on union’s contract priorities. Plus, Hunter Biden indicted on federal charges

The Guardian - UK

Oil-rich Guyana opens bids for new offshore blocks as it seeks to boost production

The government of Guyana has opened bids for 14 offshore oil blocks available for exploration and development as the South American country seeks to ramp up oil production

The Independent UK

3 Energy Stocks With Strong Momentum Behind Them in September

Expectations of higher global demand and constrained supplies amid extended voluntary cuts by Saudi and Russia will likely put upward pressure on oil and gas prices, providing solid tailwinds for the energy sector. Hence, let’s take a look at quality energy stocks Exxon Mobil (XOM), Shell (SHEL), and Baker Hughes…

StockNews.com

Riding the Crude Oil Surge: An Option Play for Potential Profits as Prices Approach $90

In the dynamic world of energy markets, a seismic shift is underway. Crude oil, often regarded as the lifeblood of the global economy, has been making waves as it surges towards the $90 mark.

Barchart

Despite Setbacks, Activists Score Victories in Texas Fight Over Tax Breaks for Fossil Fuel Industry

Following watchdog's advice, senators shrink tax giveaway program for oil and gas.

Capital & Main

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The National (Scotland)

Around 100 Mossmorran workers withdraw labour over safety fears

HUNDREDS of workers at ExxonMobil’s petrochemical plant in Mossmorran have withdrawn their labour in a dispute over health and safety concerns,…

Zenger

EnLink Midstream Publishes Sustainability Report, Exxon Explores Lithium Supply Chains, Global Lubricants Market Analysis

EnLink highlights emissions reduction, Exxon in talks with automakers for lithium supply, lubricants market overview

Capital & Main

Big Oil’s War Against ‘Woke Capitalism’

The fossil fuel industry and right-wing activists are increasingly targeting investors that consider environmental and social issues — but is it working?

The Guardian - UK

Heathrow asks airlines to carry excess fuel despite carbon impact

Airport cites supply issues, but says there has been no impact on passengers or flights

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InsideEVs

Watch Oil Giant ExxonMobil's Thinly Veiled Anti-EV Commercial

A new commercial for Mobil 1 titled "Breaking Free" invites US consumers "to step away from their devices and celebrate the love of driving" gas-powered cars.

The Guardian - UK

UK investors backtrack on support for climate resolution at oil firms’ AGMs

Asset management firms accused of sacrificing climate action by voting against shareholder resolution at Chevron and ExxonMobil

Reason

Short Circuit: A Roundup of Recent Federal Court Decisions

A rough ride, an injury in law, and sexy polygraphs.

Barchart

How To Buy XOM For A 7% Discount, Or Achieve A 14% Annual Return

Yesterday, with XOM trading at $104.84, the September 15 put option with a strike price of $100 was trading around $2.55. Traders selling this put would receive $255 in option premium.

Kiplinger

Committed to Sustainable Investing? Three Questions to Ask Your Adviser

Don’t be shy about asking your adviser tough questions. You don’t want to find out after the fact that your portfolio isn’t as responsible as you thought it was.

The Guardian - US

Meet the DC thinktank giving big oil ‘the opportunity to say they’ve done something’

The fossil fuel industry has a long history of hiring PR firms to sow confusion about climate change – but the Climate Leadership Council isn’t just a front group

Tribune News Service

Family of man killed by Detroit gas station clerk sues ExxonMobil for $100 million

SOUTHFIELD, Mi. — The family of a man killed by an ExxonMobil gas station clerk over an alleged dispute over a piece of beef jerky has filed a lawsuit against the clerk charged with killing the customer.

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