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The Latest Breaking News from Exxon

California sues Exxon for having 'lied' about plastic recycling

ExxonMobil alone produced 6 million tonnes of new single-use plastics in 2021, more than any of its competitors.

Fortune

California Files Lawsuit Against ExxonMobil For Misleading Public On Plastic Recycling

The lawsuit comes two years after the California attorney general launched an investigation into the fossil fuel and petrochemical industries, examining their involvement in the ongoing global crisis of plastic waste and pollution.

International Business Times

California sues ExxonMobil over alleged role in plastic pollution crisis

First-of-its-kind suit comes as climate experts claim that fossil fuel producers are deceiving public about plastics

The Guardian - US

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read the most diverse news in one place.

Love Dividends? 2 Safe Dividend Aristocrats to Buy and Hold Forever

These two reliable companies are incredible investments to earn steady and growing dividend income.

Barchart

Out of 1,500 global climate policies, only 63 have really worked. That’s where green spin has got us

Grand schemes, many backed by governments, masquerade as positive action on the environment. They should be disowned, says Guardian columnist George Monbiot

The Guardian - UK

Is Exxon Mobil Stock Underperforming the S&P 500?

Exxon has underperformed the S&P 500 recently, but analysts are moderately optimistic about the stock’s prospects.

Barchart

University funding from fossil fuels slowing switch to green energy – report

Study’s authors say integrity of higher education ‘at risk’ upon finding lack of attention to role of oil and gas firms

The Guardian - US

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The Conversation

Texas resident used Apple AirTags to discover plastics taken to Houston recycling centers aren't being recycled

A Houston resident discovered that their recyclable trash isn't being processed when the AirTags they used to track the recyclables show them sitting in a private open-air lot.

Tom’s Hardware

How Exxon chases billions in US subsidies for a ‘climate solution’ that helps it drill more oil

Climate experts raise red flags as oil giant spends millions lobbying while touting ‘underperforming’ carbon capture

The Guardian - US

Environmental activists urge Kamala Harris to go big on climate: ‘She’s got to seize the moment’

With the largest US fossil fuel lobby group at the Democratic convention, some urge VP to prioritize crisis in her speech

The Guardian - US

Crude Oil Prices See Support from Positive US GDP Report

Sep WTI crude oil (CLU24 ) today is up +0.06 (+0.06%), and Sep RBOB gasoline (RBU24 ) is down -0.0093 (-0.38%). Crude oil prices are seeing support from today mildly stronger-than-expected US Q2 GDP report of +2.8% versus expectations of +2.0%. Oil prices are also seeing carry-over support from Wednesday's...

Barchart

Crude Oil Prices Rally on Bullish EIA Inventory Report and Russia's Promise of Additional Production Cuts

Sep WTI crude oil (CLU24 ) today is up +0.80 (+1.04%), and Sep RBOB gasoline (RBU24 ) is up +0.0384 (+1.62%). Crude oil and gasoline prices today are higher on a bullish weekly EIA report. The energy markets have been to shake off today's sharp sell-off in US stocks and...

Barchart

US oil company ran 1977 article predicting climate crisis could cause starvation

Marathon Petroleum predecessor warned of potential for ‘social and economic calamities’ in decades-old publication

The Guardian - US

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The Guardian - US

Meet Tim Dunn: the ultraconservative billionaire pastor spending millions to protect his oil – and elect Trump

The Texas fossil fuel mogul has poured nearly $30m to drive the state legislature to the far-right, and now the evangelical Christian wants to spread his ideology to the federal government

The Guardian - US

Texas court dismisses Exxon’s lawsuit against climate activist shareholders

Arjuna Capital agreed not to pursue effort to put climate science on agenda at company’s annual meetings

Barchart

2 Dividend Aristocrats to Defend Against Pre-Election Volatility

These two dividend-paying oil stocks could be safe bets for investors as the world remains in election mode.

Fortune

Viagra, Spam, and unleaded gasoline: Lessons in longevity from the Fortune 500 ’70-Year Club’

Why Big Pharma, Big Food, and Big Energy dominate the list of companies that have appeared on every Fortune 500.

Get all your
news in one place.

100's of premium titles.
One news app.

The Guardian - US

Corporations invested in carbon offsets that were ‘likely junk’, analysis says

Analysis of the carbon offset projects used by top corporations including Delta, Gucci and ExxonMobil raises concerns around their emission cuts claims

The Guardian - US

ExxonMobil and Chevron gather investors after latest big oil mega deal

Energy giants hold annual meetings as ConocoPhillips announces plan to buy Marathon Oil in $17.1bn deal

International Business Times

Exxon Plays Hardball Against Climate NGOs. Will Investors Care?

ExxonMobil investors will have a chance to weigh in at Wednesday's annual meeting on the company's hardball approach to the latest shareholder challenge from environmentalists over climate change.

Barchart

1 Dividend Aristocrat to Scoop Up While It's Cheap

This oil giant, trading at an appealing valuation, offers attractive dividends in a volatile market.

The Guardian - US

Alleged ‘deal’ offer from Trump to big oil could save industry $110bn, study finds

Ex-president at Mar-a-Lago last month hosted more than 20 executives, including from Chevron, Exxon and Occidental Petroleum

WEKU

FTC bars former Pioneer CEO in Exxon Mobil deal, saying he colluded with OPEC

Exxon Mobil's $60 billion deal to buy Pioneer Natural Resources received federal clearance, but former Pioneer CEO Scott Sheffield was barred from joining the new company's board of directors.

International Business Times

US Clears ExxonMobil Deal, Bars Pioneer Ex-chief From Board

US antitrust authorities cleared ExxonMobil's acquisition of Pioneer Natural Resources under the condition that the shale producer's former CEO be barred from the company's board, regulators announced Thursday.

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