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Category: Exxon

Category:
  • Exxon
  • Russia

Exxon to exit Russia, leaving $4 bln in assets, Sakhalin LNG project in doubt

 Exxon Mobil (XOM.N) on Tuesday said it would exit Russia oil and gas operations that it has valued at more than $4 billion and halt new investment as a result Continue Reading

Posted On : 2 Mar 2022 Published By : Tom Whipple
Category:
  • Exxon
  • Russia

Exxon’s Bank in Russia Among Those Hit by Sanctions Over Ukraine

A bank used by Exxon Mobil Corp. to pay the salaries and pensions of its workforce in Russia was among those sanctioned by the White House, according to two people Continue Reading

Posted On : 28 Feb 2022 Published By : Tom Whipple
Category:
  • Chevron
  • Exxon
  • International Oil Companies

Exxon, Chevron Hit Gushers of Cash as Big Oil Companies Lure Back Investors

Your browser does not support HTML5 video. Money is a sticking point in climate-change negotiations around the world. As economists warn that limiting global warming to 1.5 degrees Celsius will Continue Reading

Posted On : 2 Feb 2022 Published By : Tom Whipple
Category:
  • Exxon

Exxon to Move Headquarters to Houston

Exxon Mobil Corp. XOM 0.90% is moving its corporate headquarters from Irving, Texas, to Houston as part of a business reorganization that the company said will be completed by 2023. The reorganization will create Continue Reading

Posted On : 1 Feb 2022 Published By : Tom Whipple
Category:
  • Climate
  • Exxon

ExxonMobil aims for net zero greenhouse emissions from operations by 2050

ExxonMobil, which has been under pressure to slash its carbon footprint, has committed to net zero greenhouse gas emissions from its operations by 2050. In a report released Tuesday, the oil giant Continue Reading

Posted On : 19 Jan 2022 Published By : Tom Whipple
Category:
  • Exxon

Exxon plans to shut Baytown, Texas, crude unit by late next week -sources

Exxon Mobil Corp (XOM.N) plans to shut the second-largest crude distillation unit (CDU) at its 560,500 barrel-per-day (bpd) Baytown, Texas, refinery by late next week, sources familiar with plant operations Continue Reading

Posted On : 15 Jan 2022 Published By : Tom Whipple
Category:
  • Exxon

Exxon Makes Satellite Methane Emission Detection Deal

The agreement has the potential to redefine methane detection and mitigation efforts. ExxonMobil has announced that it has agreed to work with Scepter Inc to deploy advanced satellite technology and Continue Reading

Posted On : 30 Dec 2021 Published By : Tom Whipple
Category:
  • Exxon

Exxon’s New CFO Takes On Debt Reduction, Spending Plans – WSJ

Exxon Mobil Corp. is looking to further reduce its debt, evaluating sustainability-linked financing instruments and preparing for potential new climate-related disclosure requirements, finance chief Kathryn Mikells said. “We’re very focused on paying Continue Reading

Posted On : 21 Dec 2021 Published By : Tom Whipple
Category:
  • Exxon

Investor Group to Hit Exxon on Climate Following U.S. Success

Investor group Follow This plans to file climate resolutions with Exxon Mobil Corp. and Marathon Petroleum Corp. for the first time, following up on shareholder support at other U.S. companies Continue Reading

Posted On : 14 Dec 2021 Published By : Tom Whipple
Category:
  • Exxon

Exclusive: Exxon launches sale of shale gas properties in Texas

 Exxon Mobil (XOM.N) on Monday launched a sale of its oil and gas properties in the first major U.S. shale field, a spokesperson confirmed, as part of a portfolio reshuffling Continue Reading

Posted On : 14 Dec 2021 Published By : Tom Whipple

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