ExxonMobil

US oil majors shun ‘Green Strategy’ in M&A fossil fuel deals

By Rhod Mackenzie A competition has emerged between the two largest oil and gas companies in America, both striving to secure their oil supply for several decades to come. Although predictions anticipate oil demand peaking in 2030 before dwindling, both Chevron and ExxonMobil have signed multi-billion-pound acquisition agreements. By entering into such major deals, Chevron […]

Despite Cutbacks, ExxonMobil Continues to Fund Climate Science Denial

ExxonMobil has spent more than $39 million to manufacture doubt about climate science. In a secret video recording made public in late June, a top ExxonMobil lobbyist—Keith McCoy, who was fired soon afterward—not only conceded that the oil giant’s support for a carbon tax is a sham, but he also admitted that the company quietly financed climate science denier groups to stave[Read More...]

Harvey Recovery: High Amounts of Cancer-Causing Chemical Found in Houston Area

In the aftermath of Hurricane Harvey, a preliminary air sampling taken by Houston’s Health Department shows a heavy concentration of the carcinogen benzene.

(ANTIMEDIA) Houston, Texas — On Tuesday health officials in Houston confirmed the presence of high levels of the carcinogen benzene in a neighborhood near the local Valero Energy refinery.

Oil Lobby Spending Less As Sympathetic Legislators, President Provide More Favors

Flanked by former Exxon executive, now Secretary of State Rex Tillerson, President Donald Trump speaks during a cabinet meeting., June 12, 2017. (AP/Andrew Harnik)
MINNEAPOLIS– The oil and gas industry has spent over $36 million lobbying Congress so far this year, a massive figure that speaks to the fossil fuel industry’s weight in Washington. Among the top spenders so far have been ExxonMobil, Chevron and Koch Industries, which have spent well over $3 million dollars apiece.

California Counties Use Big Tobacco Lawsuit Tactics To Go After Big Oil

Oil pumps operate near Lost Hills, Calif. (AP/Rich Pedroncelli)
 
LOS ANGELES — In a legal assault similar to the one that won multibillion-dollar awards from Big Tobacco, two Bay Area counties and a coastal city blamed Chevron, ExxonMobil and three dozen other oil, gas and coal companies for climate change and rising sea levels that threaten communities on the California coast.

Shareholders of the world’s biggest oil company defy board to urge better reporting on climate change

In a shock vote, shareholders of ExxonMobil, the world’s largest oil company, have voted to force the firm to be more open about the impact of climate change on its business
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