ExxonMobil just beat the state of New York in a closely-watched climate fraud case. But other state and local governments suing the oil and natural gas company say they remain Continue Reading
The second-largest U.S. oil company lowered its forecast for future commodity prices, and said that as a result, it was reducing the value of production from one of its offshore Continue Reading
In his 55-page ruling, New York State Supreme Court Justice Barry Ostrager said the attorney general’s office had failed to prove the company violated either the Martin Act, a broad Continue Reading
Exxon Mobil Corp won a major victory in a closely-watched lawsuit on Tuesday when a judge ruled that the company did not defraud investors out of up to $1.6 billion Continue Reading
They control the vast majority of the world’s oil and gas assets, yet the average person has never even heard of them, outside of those that are famous for things Continue Reading
Repsol, the Spanish energy major, has pledged that it will become a net zero emitter by 2050, boasting that this made it the first oil and gas company to do Continue Reading
Exxon Mobil ( XOM.N ) plans to sell up to $25 billion of oil and gas fields in Europe, Asia and Africa in its biggest asset sales for decades, seeking Continue Reading
ExxonMobil may have appeared to score a win when New York dropped two of the four allegations against the oil giant in its much-watched climate change trial , but Exxon Continue Reading
The oil and gas industry used to be untouchable. It’s not anymore. Enemies have surrounded it in a pincer movement, and now, it’s all-out war. From public sentiment to government Continue Reading
When I worked for the oil industry, I began to see things differently from the inside. The image in my mind of “Big Oil” began to be challenged immediately through Continue Reading
