Exxon Mobil

  • Exxon Mobil Dec 10, 2019

    Exxon Mobil Prevails in Lawsuit Over Climate Regulations

    Exxon Mobil has prevailed in a lawsuit accusing the energy giant of downplaying the toll that climate change regulations could take on its business.

  • Nov 7, 2019

    Exxon Denies That It Misled Investors on Climate Risks

    Climate change may be the defining risk for oil and gas companies in coming decades, and attorneys for New York state are saying Exxon Mobil misled investors about how it was handling that risk. The state made closing arguments Thursday in a case that accused the energy giant of downplaying the impact of stricter climate regulations in a warming world....

  • Jun 19, 2019

    Mine in Oil Tanker Attack Resembles Iranians’, US Navy Expert Says

    The limpet mines used to attack a Japanese-owned oil tanker near the Strait of Hormuz last week bore “a striking resemblance” to similar mines seen in Iran, a U.S. Navy explosives expert said Wednesday, stopping short of directly blaming Tehran for the assault. Iran has repeatedly denied being involved in the June 13 attack on the Japanese tanker Kokuka Courageous...

  • Dec 21, 2018

    As Advisers Leave, Trump’s Guardrails Come Off: Analysis

    Last year, during one particularly frenetic stretch in Donald Trump’s presidency, a top Republican senator said there were three men guarding the country from chaos: Defense Secretary Jim Mattis, White House chief of staff John Kelly and then-Secretary of State Rex Tillerson. Within weeks, not one will be left in the administration. Mattis will be the last to go, and...

  • Jun 26, 2018

    Climate Change Lawsuits Against Big Oil Are Thrown Out

    A U.S. judge who held a hearing about climate change that received widespread attention ruled Monday that Congress and the president were best suited to address the contribution of fossil fuels to global warming, throwing out lawsuits that sought to hold big oil companies liable for the Earth’s changing environment. Noting that the world has also benefited significantly from oil...

  • May 21, 2018

    Amazon Cracks Top 10 of Fortune 500 for First Time

    E-commerce giant Amazon, the Seattle-based company that’s currently in a nationwide search for its second headquarters, broke new ground today with the reveal its cracked the top 10 of the Fortune 500 listing for the first time, landing at No. 8 with $177.8 billion in revenue.

  • May 16, 2018

    In Veiled Shot at Trump, Tillerson Warns Democracy at Risk

    Former Secretary of State Rex Tillerson took a veiled shot at President Donald Trump on Wednesday, warning that a growing national crisis of ethics and integrity has put American democracy at risk. In remarks to graduates of the Virginia Military Institute, Tillerson lamented assaults on facts that he said would lead to a loss of freedom if not countered. And...

  • Apr 26, 2018

    Mike Pompeo Sworn in as Secretary of State, Dashes Off to Europe

    Mike Pompeo took over as America’s top diplomat Thursday after being confirmed by the Senate and sworn in across the street minutes later. The new secretary of state immediately dashed off to Europe in an energetic start befitting the high-stakes issues awaiting him from Iran to North Korea. The hard-charging former CIA director was confirmed on a 57-42 vote —...

  • Mar 14, 2018

    After Some Question His Response, Trump Joins Allies in Calling for Russian Answers on Spy’s Poisoning

    President Donald Trump joined his counterparts in Britain, France and Germany Thursday to call for Russia to answer all questions related to the brazen poisoning of a former spy in England with a military-grade nerve agent this month. The leaders’ rare joint statement calls the attack “an assault on UK sovereignty.” It comes after British Prime Minister Theresa May quickly...

  • Mar 12, 2018

    Tillerson Casts Poisoning as Sign of More Aggressive Russia

    U.S. Secretary of State Rex Tillerson cast the poisoning of an ex-spy in Britain as part of a “certain unleashing of activity” by Russia that the United States is struggling to understand. He warned that the poisoning would “certainly trigger a response.” Tillerson, echoing the British government’s finger-pointing toward Moscow, said he didn’t yet know whether Russia’s government knew of...

  • Feb 27, 2018

    Papua New Guinea Quake Killed at Least 15, Injured Dozens

    A powerful earthquake this week killed at least 15 people, injured dozens and brought work to a halt at four oil and gas fields in a remote Papua New Guinea region, the local governor said Wednesday. His comments were the first confirmation of deaths from a high-ranking official after Monday’s magnitude 7.5 quake severed communications and blocked roads in the...

  • Feb 16, 2018

    Romney’s Bid for Senate Could Revive Trump Rift: Analysis

    Mitt Romney and President Donald Trump have harshly criticized each other but also have been willing to sit down to talk when it’s mutually beneficial. Romney’s announcement Friday that he is running for the U.S. Senate in Utah creates the potential for more battles or deal-making. Take a look back at some of the most memorable moments in recent years...

  • Dec 1, 2017

    Trump Says Reports of Tillerson Ouster Are ‘Fake News’

    President Donald Trump said media speculation that Secretary of State Rex Tillerson will leave job soon is “fake news.” Trump responded on Twitter Friday to widespread reports attributed to White House officials describing a plan to oust Tillerson and replace him with CIA Director Mike Pompeo. Trump said it’s incorrect that he “fired Rex Tillerson” or that the secretary will...

  • Nov 30, 2017

    White House Considers Replacing Tillerson as Secretary of State: Sources

    After months of clashes on policy and personality, President Donald Trump is considering ousting Secretary of State Rex Tillerson and replacing him with hard-nosed CIA Director Mike Pompeo following less than a year on the job, senior U.S. officials said Thursday as turmoil within Trump’s national security team burst into the open. The White House plan, which Trump has not...

  • Nov 17, 2017

    State Department Battles Criticism of Tillerson’s Management

    The State Department is hitting back at the growing bipartisan criticism of Rex Tillerson’s leadership and accusations he is presiding over a debilitating brain drain of the nation’s diplomatic corps. In a letter to the Senate Foreign Relations Committee’s Republican chairman, the department said Tillerson’s reorganization plans aren’t crippling the agency as reports have claimed. Top ranks aren’t being intentionally...

  • Aug 29, 2017

    Nation’s Largest Refinery Scales Back Output as Harvey Rages

    The largest refinery in the country has cut output by nearly half as it deals with Tropical Storm Harvey, which continues to pummel the Texas Gulf Coast.

  • Aug 24, 2017

    Hurricane Harvey Likely to Boost Gas Prices for US Drivers

    Hurricane Harvey is expected to hit a refinery-rich stretch of the Gulf Coast and U.S. drivers could soon see the impact at the gas pump. Some refineries are expected to shut down until the storm passes, possibly disrupting gasoline supplies. Wholesale gasoline futures rose Thursday 5 cents, or 3 percent, to $1.66 per gallon, and experts say that will quickly...

  • Aug 24, 2017

    Exxon Mobil Misled Public on Climate Change, Harvard Study Finds

    Exxon Mobil misled the public about climate change for years even as its research echoed the growing scientific consensus that global warming is real and caused by human activity, a new study finds. The conclusion is based on a study by two Harvard University researchers, who used social science methods to compare what Exxon Mobil said in nearly 200 scientific...

  • Aug 3, 2017

    After Surviving Politics, the Keystone XL Pipeline Could Be Done in by Economics

    The proposed Keystone XL pipeline survived nine years of protests, lawsuits and political wrangling that saw the Obama administration reject it and President Donald Trump revive it, but now the project faces the possibility of death by economics. Low oil prices and the high cost of extracting Canadian crude from oil sands are casting new doubts on Keystone XL as...

  • Jun 2, 2017

    Trump’s Paris Pullout a New Hurdle for Tillerson’s Diplomacy

    As President Donald Trump announced America’s withdrawal from a global climate change pact, infuriating allies far and wide, the man charged with defending the decision to the world kept his distance....
    Having quietly lobbied Trump to stay in the pact, Secretary of State Rex Tillerson, was a few blocks away at the State Department, where America’s diplomats were bracing for a...

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