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Dec 10 2019
A New York Supreme Court judge ruled Tuesday that the state's attorney general failed to find convincing evidence of oil and gas giant ExxonMobil lying about the financial affects it may face from potential climate change-related regulations.
Coverage from left- and center-rated outlets focused on the case's potential to set precedent as one of the first cases of potential climateBuzzFeed News NPR (Online News) Washington Examiner
Feb 01 2022
ExxonMobil reported a profitable fourth-quarter Tuesday to conclude a strong comeback year in 2021 on higher oil prices amid recovering energy demand.
The oil giant reported annual profits of $23 billion last year compared with a loss of $22.4 billion in 2020 when demand was dented by the Covid-19 lockdowns. High oil prices helped boost results again during the quarter, althoughInternational Business Times
Dec 07 2015
Republicans ideologically based denial is dangerous and cowardly.Guest Writer
Apr 22 2022
Exxon Mobil seems to be backpedaling on some of its culture-war allegiances with a decision that is at least symbolically significant. Bloomberg reports:
Exxon Mobil Corp. plans to prohibit the LGBTQ-rights flag from being flown on the corporate flagpole outside its offices during Pride month in June, prompting a furious backlash from Houston-based employees.
Exxon updatedNational Review
Jul 30 2022
The US’s biggest oil companies pumped out record profits over the last few months as Americans struggled to pay for gasoline, food and other basic necessities.
On Friday, ExxonMobil reported an unprecedented $17.85bn (£14.77bn) profit for the second quarter, nearly four times as much as the same period a year ago, and Chevron made a record $11.62bn (£9.61bn). The sky-high profits wereThe Guardian
Jul 30 2022
Rising energy prices produced record profits for major oil companies last quarter, when gas prices peaked amid gushing global demand and supply disruptions.
ExxonMobil, Chevron and Shell all posted unprecedented earnings this week, raking in a combined $41 billion for the second quarter ended June, when the average price for a gallon of gas hit an all-time high of $5.01 in the U.S.Fox Business
Jul 30 2022
Exxon Mobil Corp., Chevron Corp. and Shell PLC, the three largest Western oil companies, banked a record $46 billion in collective profits in the second quarter, fueled by the highest energy prices in over a decade and lucrative oil-refining margins.
Exxon, the largest U.S. oil company, said Friday its second-quarter profit rose to $17.9 billion, its highest ever and nearly four timesWall Street Journal (News)
Jun 09 2022
Shares of energy giant Exxon Mobil surged to a new all-time high on Wednesday, continuing a stellar run this year on the back of rising oil and gas prices, which analysts warn could remain elevated well into late 2022.
Shares of Exxon Mobil jumped over 1% to a new record high on Wednesday, trading at around $105 per share, as the energy sector continues to outperform the rest of theForbes
Apr 29 2022
The war in Ukraine has been great for the bottom lines of multinational oil and gas companies, even though many have had to abandon billions of dollars worth of assets in Russia.
ExxonMobil and Chevron posted surging first-quarter profits on April 29, buoyed by oil prices that have stayed above $100 per barrel since the Russian invasion. Exxon’s profit for the quarter hit $5.5 billion,Quartz
May 26 2021
Activist firm Engine No. 1 won at least two board seats at Exxon following a historic battle over the oil giant’s board of directors, signaling investors’ support for greater disclosure from the company as the world shifts away from fossil fuels.
The vote over a third candidate proposed by Engine No. 1 was too close to call as of 3 p.m. on Wall Street.
“We’re looking forward toCNBC