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The Latest Breaking News from ExxonMobil

Short Circuit: A Roundup of Recent Federal Court Decisions

A rough ride, an injury in law, and sexy polygraphs.

Reason

How To Buy XOM For A 7% Discount, Or Achieve A 14% Annual Return

Yesterday, with XOM trading at $104.84, the September 15 put option with a strike price of $100 was trading around $2.55. Traders selling this put would receive $255 in option premium.

Barchart

Committed to Sustainable Investing? Three Questions to Ask Your Adviser

Don’t be shy about asking your adviser tough questions. You don’t want to find out after the fact that your portfolio isn’t as responsible as you thought it was.

Kiplinger

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Meet the DC thinktank giving big oil ‘the opportunity to say they’ve done something’

The fossil fuel industry has a long history of hiring PR firms to sow confusion about climate change – but the Climate Leadership Council isn’t just a front group

The Guardian - US

Family of man killed by Detroit gas station clerk sues ExxonMobil for $100 million

SOUTHFIELD, Mi. — The family of a man killed by an ExxonMobil gas station clerk over an alleged dispute over a piece of beef jerky has filed a lawsuit against the clerk charged with killing the customer.

Tribune News Service

‘Double agents’: fossil-fuel lobbyists work for US groups trying to fight climate crisis

Exclusive: new database shows 1,500 US lobbyists working for fossil-fuel firms while representing universities and green groups

The Guardian - US

The chemistry that's all around us

Chemistry is essential to our everyday lives, powering us in a myriad of different ways.

Bangkok Post

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Oregon county sues oil, coal companies for $51 billion over deadly heat dome

Oregon's most populous county is suing more than a dozen fossil fuel companies to recover costs related to extreme weather events

The Independent UK

US county sues oil companies for $51 bn over 'Heat Dome' disaster

WASHINGTON - A county in the northwestern state of Oregon on Thursday filed a lawsuit against major fossil fuel companies seeking more than $51 billion over the 2021 "Heat Dome," one of the United States' deadliest weather-related disasters.

Bangkok Post

Be angry about the wildfire pollution – but be angry at the right people

A poisonous haze made the air over New York temporarily more hazardous than any other place on Earth. Thank fossil fuel billionaires

The Guardian - US

Over 20 Years, Texas Allowed 1 Billion Pounds Excess Emissions

So-called "excess" emissions have ballooned in Texas, thanks to an almost total lack of enforcement, report Grist and Science Friday.

Texas Observer

This state boasts the most Fortune 500 companies in 2023

Texas retained its crown as the state with the most Fortune 500 companies thanks to a combination of legacy energy companies and an emerging tech hub.

Fortune

Oil, health care, Texas are winners on this year's Fortune 500

Oil company ExxonMobil surpassed Apple to hit No. 3 on this year's ranking of the largest U.S. companies by revenue.

Fortune

It’s Payback Time

New studies call for reparations from oil companies and governments responsible for climate change.

Capital & Main

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The Conversation

Greenwashing: energy companies make false claims about sustainability – they should be held to account

Companies implement corporate social responsibility (CSR) as a way to present an environmentally responsible image and therefore gain legitimacy in the eyes of their stakeholders. But some companies don’t actually live up to their claims.

The Independent UK

Flying drones and chasing data, Indigenous women in Guyana join fight against climate change

A small group of Indigenous women in northern Guyana are flying drones and chasing data to help understand climate change and stop the worst of its impacts

The Guardian - UK

Fossil fuel firms owe climate reparations of $209bn a year, says study

Groundbreaking analysis by One Earth is first to quantify economic burden caused by individual companies

Al Jazeera

Oil giant ExxonMobil settles long-running Indonesia torture case

The trial in the 22-year-old case brought by villagers in Aceh province was due to start next week.

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ABC News

Exxon Mobil settles Indonesian torture case after more than 20 years

Indonesian villagers — who allege they were subjected to torture, sexual assault, beatings and watching their loved ones being shot by Indonesian soldiers contracted by ExxonMobil in 2001 — agree to a settlement. WARNING: This story contains details some readers may find distressing.

Fortune

Exxon kills the ‘God pod,’ a 20,000-square-foot palace for its C-suite that excluded most employees

For 25 years, a handful of Big Oil execs had private chefs prepare their meals in gilded surroundings dotted with fine art. No longer.

The Guardian - UK

‘Sustainable’ pension funds accused of greenwashing over billions held in oil and gas firms

Warning comes as UK watchdog set to tighten rules for asset managers given short-term targets

The Independent UK

As oil boom transforms Guyana, a scramble for spoils

Guyana is poised to become the fourth-largest offshore oil producer in the world, placing it ahead of Qatar, the United States, Mexico and Norway

Barchart

Options Combination on Exxon Mobil Stock Could Provide a Nice Entry Point

Exxon Mobil (XOM) stock was down 4% today in above average volume. By using a combination of option strategies, we could potentially buy the stock for a significant discount, or achieve a healthy profit if the stock trades sideways.

The Guardian - UK

Exxon CEO’s pay rose 52% to nearly £30m amid Ukraine war, figures show

Darren Woods’ pay is ‘reflective of record company earnings and stock price performance’, says oil firm

The Guardian - UK

First Thing: US seeks to mend ties with key allies after Pentagon leaks

Defence secretary speaks to South Korean counterpart after leak suggesting US was spying on Seoul’s internal discussions on arms sales. Plus, the man who walked around the world

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