Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25 percent tariffs on products from Canada and Mexico.
Category: Exxon Mobil Corp
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Chevron Wants to Tap Into A.I. Boom by Selling Electricity to Data Centers
The oil company plans to build natural gas power plants that will be directly connected to data centers used by technology companies for artificial intelligence and other services.
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U.S. Oil Production Is Booming. Oil Jobs Are Not.
The industry is pumping ever more oil and natural gas, but it is doing so with only about three-quarters as many workers as it employed a decade ago.
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Exxon Plans to Sell Electricity to Data Centers
The country’s largest oil company is designing a natural gas power plant outfitted with carbon capture technology to meet the voracious power demand of technology companies.
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Britain’s Falling Oil Output Leaves Jobs and Skills at Risk
The government wants to rapidly replace oil and natural gas with clean energy, but offshore wind and other alternatives are still in their early stages.
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Why Oil Companies Are Walking Back From Green Energy
As leaders gather for a global climate summit, investors are rewarding oil giants like Exxon Mobil that did not embrace wind and solar.
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Exxon Chief to Trump: Don’t Withdraw From Paris Climate Deal
Darren Woods was one of only a few Western oil executives attending a global climate conference in Baku, Azerbaijan.
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Trump’s Energy Policies May Be a Mixed Bag for Oil Companies
The president-elect has promised to make it easier to build energy infrastructure and secure drilling leases. But higher production could hurt prices and profits.
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Oil Companies are Thriving as the World Pushes for Clean Energy
High prices and growing demand have helped U.S. oil producers take in record profits despite global efforts to spur greater use of renewable energy and electric cars.
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Exxon Suit Over Activist Investor’s Climate Proposal Is Dismissed
A federal judge ruled that the case was moot after the investor, Arjuna Capital, withdrew the proposal with a promise not to try again.