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Australia gave final approval Wednesday for a natural gas field development that will export $41 billion in energy to China over 20 years.
Exxon Mobil Corp. will partner with TransCanada to help build a massive pipeline capable of bringing natural gas from Alaska to the lower 48 states, the companies said Thursday.
Activists grilled Exxon Mobil Corp.'s CEO Wednesday on environmental issues and his compensation package, but shareholders stood behind management that delivered the biggest profit ever for a U.S. company last year.
Exxon Mobil says it has begun drilling at Alaska's Point Thomson oil and gas field.
Twenty years after the Exxon Valdez spilled 11 million gallons of crude oil in Alaska's Prince William Sound, oil persists in the region and, in some places, "is nearly as toxic as it was the first few weeks after the spill," according to the council overseeing restoration efforts.
Exxon has told Brazilian officials it discovered oil in deep water off Rio de Janeiro, near massive fields that could hold as much as 80 billion barrels of oil.
The Exxon Mobil Corp. has agreed to pay an additional $6.1 million penalty after it reneged on a promise to cut air pollution from four refineries in California, Louisiana and Texas, the Justice Department said Wednesday.
Prince William Sound commercial fishermen have waited 19 years for punitive damages against Exxon Mobil Corp. in the nation's worst oil spill, and now that a payout is imminent, another delay may be coming from those expecting a piece.
Exxon Mobil Corp. asked Monday that Alaska pay $800 million in damages, claiming the state breached a deal when it revoked gas and oil leases on a North Slope oil field.
President Hugo Chavez on Sunday threatened to cut off oil sales to the United States in an "economic war" if Exxon Mobil Corp. wins court judgments to seize billions of dollars in Venezuelan assets.
Venezuela's top oil official accused Exxon Mobil Corp. of "judicial terrorism" on Friday, but said court orders won by the oil giant do not amount to confiscation of $12 billion in assets.
What could you do with Exxon Mobil's $40.6 billion profit for 2007?
A federal appeals court on Friday cut in half a $5 billion jury award for punitive damages against Exxon Mobil Corp. in the 1989 Valdez oil spill that smeared black goo across roughly 1,500 miles of Alaskan coastline.
A $69.7 million compensation package and $98 million pension payout to Exxon Mobil Corp.'s former chief executive and chairman Lee R. Raymond has some shareholders and economists asking, "how much is enough?"
Exxon Mobil Corp. said Thursday it would appeal the ruling by a U.S. judge to allow villagers to sue the oil giant for alleged abuses by Indonesian troops at facilities it operated in Aceh province.
Is Jatropha the Wrong Crop?[Manila, Philippines--] While the unlikely news that lumad plantations in Northern Mindanao will soon be shipping out 30 million gallons of jatropha oil to Monterey, California-based Abundant Biofuels Corporation (as reported by the Philippine News Agency (PNA) is a good one, sti …
Bled Dry by the Oil GiantsIT'S HARD to grasp the immensity of ExxonMobil's profits for the second quarter of this year.
Exxon faces $1 billion fine for sabotaging Texas oil wellsExxonMobil's sabotage of some 100 Texas oil wells in the past 17 years — going so far as to plug up some wells with explosives — means the world's largest oil company could be liable for penalties of up to $1 billion, the Texas General Land Office says.
After Sabotaging Own Oil Wells, Exxon Faces $1 Billion in FinesO, those oil companies; they sure do love to play dirty. And the biggest US oil company, Exxon Mobil, has just got caught with its hand in the well--the oil well that it purposefully sabotaged so no other company could use, that is.
Exxon Makes First Big Investment in BiofuelsExxon-Mobil's reputation as a corporate citizen continually suffers as a result of its funding pseudo-science lobbies as well as its refusal to substantially invest in alternative energy. Hopefully, this move indicates a gradual culture change for the company.
10 Things Gas Stations Won't Tell You1. "Good luck finding the best deal."
Exxon to Invest Millions to Make Fuel From Algae The oil giant Exxon Mobil, whose chief executive once mocked alternative energy by referring to ethanol as "moonshine," is about to venture into biofuels.
The Shady Agendas Behind 5 Popular Conspiracy TheoriesDo you ever wonder why some conspiracy theories, no matter how retarded they sound, seem to never die? Where do these things come from, anyway?
Another Hundred Years Of A World Fueled By OilExxon must believe that President Barack Obama is merely paying lip-service to the realization of alternative fuels, so it will be business as usual for the next one hundred years.
Exxon Shareholders Side With Management That Delivered Biggest Profits EverDALLAS (AP) -- Activists grilled Exxon Mobil Corp.'s CEO Wednesday on environmental issues and his compensation package, but shareholders stood behind management that delivered the biggest profit ever for a U.S. company last year.
Inside the Mind of a Psychopathic Global Killer: Internal Exxon Documents Detailing Grand Plans to Recruit & TRAIN Deniers to Prevent Action on Global Warming In 1998, Exxon devised a plan to stall action on global warming.
Exxon Funded Deniers Invent Non-existent Experts to Thwart Action on Climate ChangeIf you do a search for "Steven Goddard" on Google, it doesn't really show up much, other than his articles in The Reg. If you add "climate" to his name, it gets even weirder. This guy is invisible.
Exxon Valdez 20 Years LaterMarch 24 marked the 20th anniversary of the Exxon Valdez oil spill. The effects are still obvious today. A series of blogs from senior editor Janet Raloff describes the continuing aftermath.
Heather Lockwood Scripps Howard Foundation Wire WASHINGTON - Scientists say oil still lingers in Alaska's waters, affecting aquatic life and the local community that depend on it 20 years after Exxon Valdez oil spill.
20 Years Later: Exxon Valdez Spill Lingers Just after midnight on this day in 1989, the oil tanker Exxon Valdez crashed against a reef off the coast of Alaska. Within six or so hours of the incident, nearly 10.8 million gallons of crude oil had spilled into the surrounding waters of the Prince Island Sound.
t r u t h o u t | Stick Your Damn Hand in It20 years later Exxon's mess is still there...
The Truth About DenialBoxer figured that with "the overwhelming science out there, the deniers' days were numbered." As she left a meeting with the head of the international climate panel, however, a staffer had some news for her.
Exxon gets reprieve on Alaska oil-field leasesAlaska's natural resources commissioner on Tuesday granted a temporary reprieve to Exxon Mobil Corp (XOM.N) and its oil-company partners, which are seeking to drill in a long-dormant oil and gas field where the state has revoked leases for non-performance.
Exxon Valdez payout a step closerA federal judge on Wednesday issued a ruling that could clear the way for a multimillion-dollar payout of punitive damages to thousands of commercial fishermen and others who claimed harm from the Exxon Valdez oil spill of 1989.After the tanker Exxon Valdez hit a reef and spilled …
What is wrong with everyone? Why not get XOM to buy GM? Or any oil company with enough capital? There are a lot of reasons why a deal makes sense. GM should be on the block at this point, not seeking a huge rescue. If them, then who else?
With 58% Jump in Profit, a Record Quarter for Exxon - NYTimes.comFunny: I don't hear anyone crying for Exxon and the record amounts of profits they extracted from drilling into our pockets.In what will probably be the high watermark for corporate profits for a while, the oil giant Exxon Mobil reported another blowout quarter on Thursday, as oi …
Exxon Mobil breaks another earnings recordExxon Mobil Corp., the world's largest publicly traded oil company, said Thursday it shattered its own record for the biggest profit from operations by a U.S. corporation.
The Alliance for Climate Protection says ABC barred ad calling out Big OilAn environmental action group founded by former vice president Al Gore is accusing ABC of censoring an advocacy ad the group paid to air on the network.
Ike Forces Shutdown of 19% of U.S. Refining Capacity (Update1) This Jordan Burke's Bloomberg article clearly indicates the impending fuel shortages and the reasons why. It's time to start looking for that cheap gas station, if any.
McCain Thinks Palin "Knows More About Energy Than... Anyone Else In the United States." Wednesday, McCain says his running mate "knows more about energy than probably anyone else in the United States of America." Listing credentials for Palin, also notes that Alaska neighbors Russia.
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