Exxon Mobil Plans to Produce Lithium in Arkansas
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Exxon Mobil Plans to Produce Lithium in Arkansas

The move is the oil giant’s first foray in the production of a metal vital for electric vehicle batteries.
In a Warming World, Clean Energy Stocks Fall While Oil Prospers
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In a Warming World, Clean Energy Stocks Fall While Oil Prospers

The market is focused on making money now and isn’t heeding urgent warnings about climate change, our columnist says.
Chasing Big Mergers, Oil Executives Dismiss Peak Oil Concerns
Posted inBatteries Biden, Joseph R Jr Birol, Fatih Carbon Capture and Sequestration Chevron Corporation Corporations Electric and Hybrid Vehicles Exxon Mobil Corp Global Warming Greenhouse Gas Emissions Guyana Hess Corporation International Energy Agency Mergers, Acquisitions and Divestitures Natural Gas Nuclear Energy Oil (Petroleum) and Gasoline Permian Basin (North America) Pioneer Natural Resources Company Prices (Fares, Fees and Rates) Production Solar Energy Stocks and Bonds United States

Chasing Big Mergers, Oil Executives Dismiss Peak Oil Concerns

Exxon Mobil and Chevron are spending tens of billions of dollars buying oil and gas assets, betting that the International Energy Agency’s predictions of declining oil demand are wrong.
Exxon Acquires Pioneer Natural Resources for $60 Billion
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Exxon Acquires Pioneer Natural Resources for $60 Billion

The acquisition of Pioneer Natural Resources, Exxon’s largest since its merger with Mobil in 1999, increases the company’s presence in the Permian basin in Texas and New Mexico.