[ad_1] When the International Energy Agency released its landmark net-zero emissions roadmap in 2021, it made no mention of shale oil as it signaled the demise of the drilling industry…
Tag: Exxon
Exxon Mobil Expects Up to $2.6 Billion in Upstream Impairments
[ad_1] Exxon Mobil is expecting up to $2.6 billion in impairments in the fourth quarter for its upstream business, mostly related to idled assets in California. The oil and gas…
Exxon Mobil CEO urges COP28 to focus on reducing emissions — not phasing out fossil fuels
[ad_1] Exxon Mobil CEO Darren Woods on Saturday said the “problem statement” that countries need to focus on at the COP28 climate summit is reducing emissions. For many at the…
UN climate talks have focused on renewable energy for too long, Exxon chief says
[ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UN climate talks on how to limit global warming…
COP28: Exxon Mobil CEO rebuffs IEA criticism of carbon capture strategy
[ad_1] Darren Woods, CEO of ExxonMobil, reacts at the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S., November 15, 2023. REUTERS/Carlos Barria/File Photo Acquire Licensing Rights DUBAI,…
The Exxon shareholder revolt made worldwide news. Here’s what happened next
[ad_1] With ethical investing back on many people’s minds, Barry Coates looks at the impact of one of the biggest activist investor campaigns of recent years. In May 2021, investment…
Israeli Private Detective Gets Nearly Seven Years in Prison for Hacking Scheme
[ad_1] An Israeli private detective was sentenced to nearly seven years in prison Thursday for his role in a hacking-for-hire scheme that involved attempts to discredit investigations into whether Exxon…
Why Exxon and Chevron’s Deals Leave Investors Cold
[ad_1] U.S. oil majors Exxon Mobil and Chevron are good at squeezing hydrocarbons out of the ground. Digging for extra Brownie points from investors has been tougher. The companies have…
Court dismisses suit by Exxon Mobil against NMDPRA
[ad_1] Exxon Mobil PHOTO: Sergio Moraes/Reuters The Hon. Justice Inyang Ekwo of the Federal High Court sitting in Abuja has dismissed a lawsuit brought by Exxon Mobil Producing Nigeria Unlimited…