Category: Exxon Mobil Corp

After Climate Push, Energy Companies Return to Fossil Fuels in Europe

Recent oil and gas deals in Europe suggest that the growing demand for energy may be leading companies to adopt a more pragmatic approach.
Missing at U.N.’s Climate Meeting: American Executives

Many business leaders are skipping the annual United Nations climate summit in Belém, Brazil, or are attending events in other cities.
Exxon’s and Chevron’s Profits Fall as Oil Prices Stay Low

But the companies and other large oil producers are continuing to increase production because drilling still remains profitable.
Unexpected Critics of Trump’s Attacks on Wind Energy: Oil Executives

Business leaders and trade organizations have been especially worried by attempts to stop work on wind farms that had already secured federal approval.
Exxon Wants to Make More of the Materials Needed for E.V. Batteries

The oil giant said Tuesday that it was acquiring assets from a Chicago company as it looks to start producing graphite, a key battery ingredient, by the end of the decade.
America’s Clean Hydrogen Dreams Are Fading, Again

The market for the clean-burning fuel remains nascent, costs are rising, and Congress just put a lucrative tax credit out of reach for many companies.
Exxon Chief Says Demand for Oil Remains ‘Very, Very Strong.’

The largest U.S. energy companies reported their lowest second-quarter profits in years, as tariffs have weighed on oil prices.
Chevron Wins Green Light to Buy Into One of World’s Hottest Oil Projects

An arbitrator cleared the way for Chevron to buy Hess, allowing the energy giant to acquire a piece of one of the most promising oil projects in the world.
Oil Companies Are Sued Over Death of Woman in 2021 Heat Wave

Experts said it is the first wrongful death case targeting fossil fuel companies over their role in global warming.
Exxon and Chevron Report Lower Profits While Girding for Tariffs

President Trump’s trade policies have helped to push down oil prices while raising the costs of materials for oil and gas companies.
Hope for a Trump Energy Boom Is Marred by Anxiety About Tariffs

Energy executives meeting in Houston expressed concerns about President Trump’s trade and economic policy even as they praised him and his administration.
Russia Is Wooing Western Energy Companies, but Will They Return?

Industry experts say Western companies will need to weigh potential access to oil and gas riches against political risks and other hazards of doing business in Russia.