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The Latest Breaking News from ExxonMobil

Just 57 companies linked to 80% of greenhouse gas emissions since 2016

Analysis reveals many big producers increased output of fossil fuels and related emissions in seven years after Paris climate deal

The Guardian - UK

Texas energy companies are betting hydrogen can become a cleaner fuel for transportation

Supporters say developing hydrogen as a fuel is critical to slowing climate change. Critics are concerned that producing it with fossil fuels will prop up the oil and gas industry.

The Texas Tribune

ExxonMobil (XOM) vs. Energy Transfer (ET) - Which Energy Stock Is the Better Buy Amidst Oil Price Volatility?

Amid the anticipated escalation in oil prices owing to geopolitical challenges and strategic supply adjustments, which of the two energy stocks, Exxon Mobil (XOM) and Energy Transfer (ET), is well positioned to navigate a volatile energy market? Read more to find out….

StockNews.com

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2 Dividend Aristocrats Within the Energy Sector to Buy as Oil Prices Rise

Chevron and ExxonMobil stand out as formidable dividend aristocrats within the energy sector, offering compelling investment opportunities as they capitalize on global demand and strategic expansion initiatives.

Barchart

Gulf Coast petrochemical growth draws billions in tax breaks despite pollution violations

A new report by the Environmental Integrity Project compiled data on every U.S. plastics plant built, expanded or proposed since 2012, revealing massive growth in Texas.

The Texas Tribune

Revealed: How the global oil industry is fueling Israel’s war on Gaza

Analysis shows how jets and tanks are being kept fueled despite interim ICJ ruling warning Israel to prevent genocidal acts

The Guardian - US

What is a Fortune 500 company? The story behind the list

The Fortune 500 is the ranking of the largest companies in the U.S. based on revenue.

Fortune

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U.S. Climate Envoy John Kerry is giving up the job title — but not the fight

Outgoing climate envoy John Kerry talks about leaving the job, how another Donald Trump presidency could impact the fight against climate change, and how he remains hopeful.

WEKU

Fury after Exxon chief says public to blame for climate failures

Darren Woods tells Fortune consumers not willing to pay for clean-energy transition, prompting backlash from climate experts

The Guardian - US

ExxonMobil is suing investors who want faster climate action

The oil and gas giant is suing investor groups that want it to slash climate pollution. Interest groups on both sides of the case say it could lead to more lawsuits against activist investors.

WEKU

Venezuela-Guyana Tensions Subside With Gestures to Ease the Crisis From Both Sides

Guyana won't approve oil exploration in waters near Venezuela at least until a UN court ruling on the matter, while Maduro publicly praised his counterpart

Latin Times

Maduro Vows To Bar ExxonMobil From Guyanese Region Claimed By Venezuela

Venezuelan President Nicolas Maduro has vowed to bar US petroleum giant ExxonMobil from the waters off the oil-rich region of Essequibo, which Caracas claims from Guyana as its own.

International Business Times

World’s largest oil companies have made $281bn profit since invasion of Ukraine

Global Witness says the five ‘super-majors’ are the ‘main winners of the war’ while many struggle to heat their homes

The Guardian - UK

Port Arthur’s 30-Year Fight for Environmental Justice

30 years after a landmark executive order, a report from the booming Southeast Texas petrochemical corridor of Port Arthur and Beaumont.

Texas Observer

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Latin Times

Venezuela Escalates Threat to Guyana with Beefed-Up Military Presence in the Essequibo

Satellite images show heightened activity despite an agreement between Maduro and Guyanese President Ali, who denounced the use of force

Latin Times

Venezuela Vows 'Forceful' Response If Oil Drilling Begins In Disputed Zone

Caracas has long claimed the region of Essequibo -- which makes up about two-thirds of Guyana's territory -- but has amped up its rhetoric since its neighbor began issuing licenses for oil companies to operate there.

International Business Times

Venezuela Vows 'Forceful' Response If Oil Drilling Begins In Disputed Zone

Venezuela on Thursday vowed a "forceful response" if oil drilling begins in contested waters off neighboring Guyana, as announced by US oil giant ExxonMobil this week.

The Guardian - US

Exxon plan for Guyana oil exploration risks raising tensions with Venezuela

President of ExxonMobil Guyana confirms plan to drill two new wells off Atlantic coast as territorial dispute simmers

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International Business Times

Lower Profits At US Oil Giants Still Mighty Enough For Big Investor Payouts

ExxonMobil and Chevron reported lower but still strong profits Friday as they push ahead with hefty shareholder payouts and major acquisitions.

The Guardian - UK

ExxonMobil blocks green activists’ attempt to seek strategy vote

Climate group drops petition for shareholder vote on targets following oil company’s court complaint

StockNews.com

Moves for Investors Ahead of XOM and CVX Earnings Reports

Energy giants Chevron (CVX) and Exxon Mobil (XOM) are scheduled to release their fourth-quarter financials on February 2. We assess the two energy giants’ fundamentals to determine how investors should position themselves before their numbers are reported. Read on….

The Guardian - UK

BP under pressure from hedge fund to ditch clean energy strategy

Bluebell Capital Partners says strategy has depressed share price and is ‘unrealistic’ about decline in oil and gas demand

The Guardian - UK

First Thing: Trump-Biden rematch increasingly inevitable after New Hampshire primary

Trump edges closer to Republican nomination, but Haley says ‘this race is far from over’. Plus, nuclear power output expected to break records in 2025

The Guardian - UK

ExxonMobil’s attempt to silence activist investors should be a warning to shareholders

The US oil company is off to court to try to block a green activist motion aimed at accelerating the company’s attempts to cut emissions

The Guardian - UK

US oil company ExxonMobil sues to block investors’ climate proposals

Motion by Follow This called on energy firm to accelerate attempts to cut greenhouse gas emissions

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