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The Latest Breaking News from ExxonMobil

The world is awash in plastic. Oil producers want a say in how it's cleaned up

Groups connected to the fossil fuel industry are trying to shape an international treaty to cut plastic pollution. And oil- and gas-producing nations are at the negotiating table.

WEKU

McKinsey & Company pushes fossil fuel interests as advisor to UN climate talks, whistleblowers say

The world's top management consultancy McKinsey & Company is using its position as a key advisor to the UN's COP28 climate talks to push the interests of its big oil and gas clients, undermining efforts to end the use of the fossil fuels driving global warming, according to multiple sources…

France 24

Report pokes holes in fuel company plans for net zero

An analysis of net-zero plans released by petrol companies have questioned their green claims, including their reliance on 'dirty' hydrogen and carbon offsets.

AAP

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New Mexico’s Wild Hydrogen Days

State hydrogen projects promoted, killed; governor goes to Australian hydrogen conference with oil and gas reps.

Capital & Main

Ignore Wall Street and Buy Chevron Stock on Guyana Growth Prospects

Chevron is buying Hess because of its crown jewel assets in the oil-producing powerhouse of Guyana, which could fuel longer-term growth in CVX for years to come.

Barchart

Fossil fuel firms spent millions on US lawmakers who sponsored anti-protest bills

About 60% of oil and gas operations protected from protest due to money spent on lobbying, says Greenpeace USA report

The Guardian - US

3 Permian Basin Hotshots Near Buy Points Amid Takeover Fever After ExxonMobil, Chevron Deals

Energy stocks with attractive portfolios are near buy points as the oil industry experiences some of the largest consolidations in more than two decades.

Investors Business Daily

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3 Mega-Cap Stocks To Buy Before They're Worth $1 Trillion

Meta Platforms, Berkshire Hathaway, and ExxonMobil could be among the next crop of mega-cap corporations to join the trillion-dollar club, alongside corporate heavyweights like Apple, Microsoft, and Nvidia.

Barchart

Chevron Bets On South America With $53 Billion Answer To ExxonMobil

It is the latest move by an U.S. oil major to solidify its hold on the oil sector using booming profit to buy up competition.

Investors Business Daily

3 Energy Stock Picks for Steady Long-Term Momentum

The energy sector’s outlook looks bright amid rising oil prices fueled by constrained supplies and robust demand for crude oil and natural gas worldwide. Thus, Exxon Mobil (XOM), Shell (SHEL), and Imperial Petroleum (IMPP), with solid long-term momentum, could be ideal stock picks now. Keep reading….

StockNews.com

ExxonMobil, Halliburton Lead Rally As Oil Heads Higher. War Premium, Consolidation, Sanctions All In Play

Oil and gas sector stocks look to make gains as oil prices jump higher amid the Israel-Hamas war.

Investors Business Daily

How oil companies put the responsibility for climate change on consumers

The political response to the climate crisis remains largely inadequate in the face of heat waves, hurricanes, floods and forest fires that are accelerating and intensifying.

The Conversation

Exxon reinforces support for fossil fuels with deal to buy shale giant for $60bn

Deal to buy Pioneer Natural Resources shows Exxon’s confidence that fossil fuel output will not be hampered in years to come

The Guardian - US

This Permian Basin Energy Stock Could Be the Next Big Oil Takeover Target

Large oil companies in the U.S. are making barrels of cash, and Exxon's bid to buy Pioneer could set off a flurry of similar acquisitions in the Permian Basin.

Barchart

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news in one place.

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The Independent UK

Exxon oil executive faces sexual assault charge in Texas

David Scott, 49, who manages Exxon’s shale oil and gas production dealings, was arrested last Thursday at a budget hotel

Fortune

Meet the CFOs on Fortune’s list of the Most Powerful Women in Business

One hundred women leaders across industries earned a spot on the 2023 list, including several finance chiefs.

Investors Business Daily

Energy Stocks Slide As Gasoline Futures Sink Near Year Lows After Key EIA Data

Prices at the pump are starting to fall as demand wanes.

WEKU

Biden calls for up to 3 offshore oil leases in Gulf of Mexico, upsetting both sides

The administration's proposal seeks to strike a balance between energy companies seeking greater oil and gas production and environmental activists who want Biden to shut down new offshore drilling.

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news in one place.

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The Independent UK

Biden calls for up to three oil and gas lease sales in the Gulf of Mexico, disappointing all sides

President Joe Biden's administration has proposed up to three oil and gas lease sales in the Gulf of Mexico over the next five years but none in Alaska

The Independent UK

ExxonMobil loses bid to truck millions of gallons of crude oil through central California

ExxonMobil has lost a court bid to truck millions of gallons of crude oil through central California — a crucial part of its efforts to restart offshore oil wells that were shut in 2015 after a pipeline leak caused the worst coastal spill in 25 years

Investors Business Daily

These Oil Majors May Be Ready For A Promotion As Crude Prices Keep Rising

ExxonMobil and other oil majors are near buy zones as crude oil prices march higher.

The Guardian - UK

First Thing: ‘Defining moment’ as auto workers strike after talks fail with car giants

Deadline expires with sides still far apart on union’s contract priorities. Plus, Hunter Biden indicted on federal charges

The Independent UK

Oil-rich Guyana opens bids for new offshore blocks as it seeks to boost production

The government of Guyana has opened bids for 14 offshore oil blocks available for exploration and development as the South American country seeks to ramp up oil production

Investors Business Daily

Questions Of Conduct: BP CEO Bernard Looney Resigns. Oil Stocks Near Buy Points.

BP reported Tuesday that Chief Executive Officer Bernard Looney stepped down.

StockNews.com

3 Energy Stocks With Strong Momentum Behind Them in September

Expectations of higher global demand and constrained supplies amid extended voluntary cuts by Saudi and Russia will likely put upward pressure on oil and gas prices, providing solid tailwinds for the energy sector. Hence, let’s take a look at quality energy stocks Exxon Mobil (XOM), Shell (SHEL), and Baker Hughes…

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