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The Latest Breaking News from ExxonMobil

U.S. Climate Envoy John Kerry is giving up the job title — but not the fight

Outgoing climate envoy John Kerry talks about leaving the job, how another Donald Trump presidency could impact the fight against climate change, and how he remains hopeful.

WEKU

Fury after Exxon chief says public to blame for climate failures

Darren Woods tells Fortune consumers not willing to pay for clean-energy transition, prompting backlash from climate experts

The Guardian - US

ExxonMobil is suing investors who want faster climate action

The oil and gas giant is suing investor groups that want it to slash climate pollution. Interest groups on both sides of the case say it could lead to more lawsuits against activist investors.

WEKU

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Venezuela-Guyana Tensions Subside With Gestures to Ease the Crisis From Both Sides

Guyana won't approve oil exploration in waters near Venezuela at least until a UN court ruling on the matter, while Maduro publicly praised his counterpart

Latin Times

Maduro Vows To Bar ExxonMobil From Guyanese Region Claimed By Venezuela

Venezuelan President Nicolas Maduro has vowed to bar US petroleum giant ExxonMobil from the waters off the oil-rich region of Essequibo, which Caracas claims from Guyana as its own.

International Business Times

World’s largest oil companies have made $281bn profit since invasion of Ukraine

Global Witness says the five ‘super-majors’ are the ‘main winners of the war’ while many struggle to heat their homes

The Guardian - UK

Port Arthur’s 30-Year Fight for Environmental Justice

30 years after a landmark executive order, a report from the booming Southeast Texas petrochemical corridor of Port Arthur and Beaumont.

Texas Observer

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Venezuela Escalates Threat to Guyana with Beefed-Up Military Presence in the Essequibo

Satellite images show heightened activity despite an agreement between Maduro and Guyanese President Ali, who denounced the use of force

Latin Times

Venezuela Vows 'Forceful' Response If Oil Drilling Begins In Disputed Zone

Caracas has long claimed the region of Essequibo -- which makes up about two-thirds of Guyana's territory -- but has amped up its rhetoric since its neighbor began issuing licenses for oil companies to operate there.

Latin Times

Venezuela Vows 'Forceful' Response If Oil Drilling Begins In Disputed Zone

Venezuela on Thursday vowed a "forceful response" if oil drilling begins in contested waters off neighboring Guyana, as announced by US oil giant ExxonMobil this week.

International Business Times

Exxon plan for Guyana oil exploration risks raising tensions with Venezuela

President of ExxonMobil Guyana confirms plan to drill two new wells off Atlantic coast as territorial dispute simmers

The Guardian - US

Lower Profits At US Oil Giants Still Mighty Enough For Big Investor Payouts

ExxonMobil and Chevron reported lower but still strong profits Friday as they push ahead with hefty shareholder payouts and major acquisitions.

International Business Times

ExxonMobil blocks green activists’ attempt to seek strategy vote

Climate group drops petition for shareholder vote on targets following oil company’s court complaint

The Guardian - UK

Moves for Investors Ahead of XOM and CVX Earnings Reports

Energy giants Chevron (CVX) and Exxon Mobil (XOM) are scheduled to release their fourth-quarter financials on February 2. We assess the two energy giants’ fundamentals to determine how investors should position themselves before their numbers are reported. Read on….

StockNews.com

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The Guardian - UK

BP under pressure from hedge fund to ditch clean energy strategy

Bluebell Capital Partners says strategy has depressed share price and is ‘unrealistic’ about decline in oil and gas demand

The Guardian - UK

First Thing: Trump-Biden rematch increasingly inevitable after New Hampshire primary

Trump edges closer to Republican nomination, but Haley says ‘this race is far from over’. Plus, nuclear power output expected to break records in 2025

The Guardian - UK

ExxonMobil’s attempt to silence activist investors should be a warning to shareholders

The US oil company is off to court to try to block a green activist motion aimed at accelerating the company’s attempts to cut emissions

The Guardian - UK

US oil company ExxonMobil sues to block investors’ climate proposals

Motion by Follow This called on energy firm to accelerate attempts to cut greenhouse gas emissions

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The Guardian - UK

Big five oil companies to reward shareholders with record payouts

BP, Shell, Chevron, ExxonMobil and TotalEnergies to distribute more than $100bn despite public outrage

Latin Times

Venezuela, Guyana Agree Not To 'Use Force' To Settle Land Dispute

Venezuela's Nicolas Maduro and Guyana's Irfaan Ali shook hands after a two-hour meeting on the Caribbean island nation of Saint Vincent and the Grenadines.

International Business Times

Venezuela, Guyana Leaders Meet To 'De-escalate' Tensions

The presidents of Venezuela and Guyana met Thursday in the Caribbean for talks that analysts said could "de-escalate" tensions but would do little to resolve their countries' long-standing -- and now reheating -- territorial dispute.

The Independent UK

ExxonMobil says it will stay in Guyana for the long term despite territorial dispute with Venezuela

Oil giant ExxonMobil says it will keep ramping up production in offshore Guyana despite the escalation of a territorial dispute with neighboring Venezuela, which claims that oil-rich region as its own

WEKU

Making oil is more profitable than saving the planet. These numbers tell the story

Major oil companies are under pressure to invest more money in clean energy — but there's a big hurdle: It's still a hell of a lot more profitable to produce fossil fuels.

The Guardian - US

Revealed: more than 160 representatives with climate-denying track records got Cop28 access

UN organizers allow groups that have obstructed fossil fuel regulations and other climate action to attend, watchdog finds

The Guardian - US

Revealed: over 160 representatives with climate-denying track records got Cop28 access

UN organizers allow groups that have obstructed fossil fuel regulations and other climate action to attend, watchdog finds

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