Exxon Mobil fights claims it hid early climate change science
The company's pushback comes amid mounting calls for a federal investigation of the issue, with Democratic presidential candidates and lawmakers calling for a Big Tobacco-style racketeering case.
View ArticleChina keeping an eye on surging U.S. oil and gas production
The recent surge in domestic oil and gas production offers an opportunity for the United States and China to collaborate, according to a new report.
View ArticleNew York attorney general probing Exxon Mobil as climate change scandal...
Attorney General Eric T. Schneiderman has subpoenaed documents from Exxon Mobil following reports the oil giant funded -- and then suppressed -- research exposing the risks of climate change decades ago.
View ArticleOil companies lose trans-Alaska pipeline case
The ruling states that the project to update four pump stations and control systems along the 800-mile line, known as Strategic Reconfigurations, was "imprudently" managed.
View ArticleExxonMobil restarts refinery
TORRANCE, Calif. (AP) — ExxonMobil has restarted its oil refinery in Torrance more than a year after an explosion crippled the plant and led to higher gas prices in California. As a safety precaution,...
View ArticleHas oil industry hit its mid-life crisis?
By Lydia Depillis The oil and gas bust has been going on long enough to inspire many metaphors among journalists and analysts — and now, it’s been likened to a midlife crisis. It’s like hitting age 45...
View ArticleBig Oil piles on debt
The world’s biggest oil companies are borrowing record amounts of money to cope with a slump in crude prices. Luckily, there’s rarely been a better time to go on a debt binge. Exxon Mobil Corp., Royal...
View Article13 state AGs pen letter calling for end to climate change probe
A campaign by Texas Attorney General Ken Paxton to end the investigation into ExxonMobil and other fossil fuel companies over false statements on climate change is gaining support among other state law...
View ArticleExxon expanding Beaumont plastics plant, adding jobs
ExxonMobil is expanding its Beaumont polyethylene chemical plant, adding a new unit and increasing the facility’s capacity by 65 percent, the company announced on Monday. It estimated the work will...
View ArticleExxon CEO-in-waiting will inherit Rex Tillerson’s mixed legacy
The man poised to replace Rex Tillerson as the leader of America’s most influential energy giant helped transform Exxon Mobil Corp.’s refining business from a poor cousin of oil production to the...
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