Exxon Mobil

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Trump Administration Says Exxon Can't Drill in Russia

Treasury Department denies waiver from Russian sanctions

(Newser) - The US government won't be granting Exxon Mobil a waiver from Russian sanctions, Politico reports. It had been reported this week that the oil and gas company was seeking a waiver to allow it to drill in the Black Sea. The refusal of that waiver came Friday in the...

Rex Tillerson Used Email Alias 'Wayne Tracker' at Exxon

At least in missives about climate change, says New York attorney general

(Newser) - An investigation into whether Exxon Mobil misled investors regarding its knowledge of climate change has revealed that former CEO and current Secretary of State Rex Tillerson used an alias email address to discuss the subject, says New York's attorney general. In a letter to a New York judge on...

White House Press Release Copies ExxonMobil's

Both releases contained identical paragraph

(Newser) - The White House and ExxonMobil were literally on the same page Monday when a White House statement on the oil giant's investment plan lifted an entire paragraph from an Exxon press release issued around 30 minutes earlier. Both statements praised how the company is "strategically investing in new...

Rex Tillerson Makes $240M Exit From Exxon

He'll sell stock, with value of deferred stock put in trust

(Newser) - Rex Tillerson will take a $180 million retirement deal and make a complete break from ExxonMobil if confirmed as secretary of state. In a deal announced Tuesday, Exxon says the former oil executive who resigned on Dec. 31 will sell his 611,000 shares of Exxon, worth about $55.5...

Leak Reveals Another Tillerson-Russia Tie

He headed Exxon's Russian subsidiary

(Newser) - Documents leaked to a German newspaper have revealed that Rex Tillerson has even stronger ties to Russia than first thought, the Guardian reports. The ExxonMobil CEO spent years as a director of Exxon Neftegas, Exxon's Russian subsidiary based in the Bahamas for tax purposes, according to corporate documents leaked...

Tillerson&#39;s Confirmation Could Be Tricky
Trump Picks Rex Tillerson,
but Path Will Be Tricky
THE RUNDOWN
Dec 13, 2016 5:42 AM CST

Trump Picks Rex Tillerson, but Path Will Be Tricky

Secretary of state hearings likely to focus on Russia, conflicts of interest

(Newser) - Donald Trump confirmed Tuesday morning that Rex Tillerson is his pick to be secretary of state—but the ExxonMobil chief's path to confirmation is not expected to be an easy one. The Washington Post reports that some GOP senators may be unwilling to support Tillerson because of his ties...

Multiple Reports: Tillerson Is Pick for Secretary of State

Trump expected to name ExxonMobil chief his nominee on Tuesday

(Newser) - It's Tillerson: Multiple outlets were reporting Monday night that Donald Trump has settled on ExxonMobil chief Rex Tillerson to be his secretary of state. Among those reporting the news in advance of a formal announcement Tuesday were the New York Times , the Washington Post , the AP , and CNN . All...

Trump Picks Exxon CEO for Sec of State: Reports

Rex Tillerson is now the expected nominee

(Newser) - NBC News , the Washington Post , and other outlets are reporting that Exxon Mobil CEO Rex Tillerson will be the next secretary of state. Two sources close to Donald Trump say the president-elect is going to nominate Tillerson, likely next week—though nothing is official until he does. Tillerson apparently...

One of South America's Poorest Countries Has Struck Oil

Find excites but worries Guyana

(Newser) - Guyana has long been one of the hemisphere's poorest places, a sparsely populated nation on South America's northern shoulder that relies heavily on exports of sugar, rice, and gold. But these days, there's a surge of excitement about an anticipated windfall from major oil-and-gas deposits found in...

ExxonMobil CEO: World Needs Our Oil, 'Like It or Not'

Cutting oil production 'not acceptable to humanity': Rex Tillerson

(Newser) - Keep the oil taps flowing for the good of the people, the CEO and chair of ExxonMobil appealed to shareholders at what the Guardian says was a "long and fractious" annual meeting in Dallas on Wednesday. Rex Tillerson told attendees the oil giant had already pumped $7 billion into...

Exxon Investigated for Alleged Climate Lies

NY AG has subpoenaed 2 energy companies

(Newser) - New York's attorney general is examining statements by Exxon Mobil and Peabody Energy to determine whether they deceived investors about the causes and impacts of climate change, an official familiar with the investigations said Thursday. A subpoena was sent Wednesday to Dallas-based Exxon after a yearlong review of shareholder...

Scientist: Exxon Knew of Climate Change in 1981, Lied

'Guardian' explores explosive claims in newly uncovered email

(Newser) - Exxon was ahead of the game on climate change. According to Lenny Bernstein, who spent 20 years there as a climate expert, the company knew about the link between fossil fuels and climate change in 1981—seven years before the issue truly became public. But for the next 27 years,...

Christie Rep Settled Exxon Suit for 3 Cents on Dollar

A former state official alleges the office 'cut the deal favorable to Exxon'

(Newser) - It's been quite the legal saga: In 2004, New Jersey's Department of Environmental Protection sued Exxon Mobil over what it said was a century's worth of pollution spewed by two refineries. The state alleged that contamination dating as far back as 1870 at the northern Bayonne and...

Exxon CEO Hops on Suit to Stop ... Fracking Activity

Rex Tillerson wants to keep a water tower out of his backyard

(Newser) - Lots of people wouldn't want fracking-related activities taking place near their homes—but when one of those people is the CEO of Exxon Mobil, it raises some eyebrows. The Wall Street Journal last week revealed that Exxon chief Rex Tillerson has joined a lawsuit spearheaded by former House Majority...

Carbon Tax Looming, Big Business Gets Ready to Pay Up

Dozens of US companies factoring price into financial plans

(Newser) - First came news that 90 companies are to blame for the majority of greenhouse gas emissions. Now, more than two dozen big US corporations are planning for a future that involves paying for their pollution. A survey by green-data firm CDP shows that 29 companies, including Exxon, Chevron, and Walmart,...

90 Companies to Blame for 63% of Global Emissions

Chevron, BP, Exxon racked up 9% alone

(Newser) - Want to personally thank those largely responsible for putting greenhouse gases into the air? Fewer than 100 phone calls will do the trick. According to new research, 90 companies have produced 63% of the emissions of carbon dioxide and methane since the dawn of the industrial age. Chevron, BP, and...

Oil-Soaked Birds Turn Up in Arkansas Spill

Smell permeates town as Keystone debate rages

(Newser) - Ten surviving "oiled ducks" and two dead ones have turned up following a pipeline leak in Arkansas , Exxon Mobil says. "I'm an animal lover, a wildlife lover, as probably most of the people here are," says a local judge. "We don't like to see...

Exxon Mopping Up Oil Pipeline Spill in Ark.

Critics use accident to slam Keystone XL plan

(Newser) - Exxon Mobil is mopping up an underground pipeline spill that dumped thousands of gallons of oil on an Arkansas town, reports Reuters , as critics are using the accident to again pounce on the Keystone XL pipeline. A leak detected late Friday in Mayflower forced Exxon to shut its Pegasus pipeline,...

Exxon Mobil Passes Apple as No. 1 Company

It regains title of most valuable company

(Newser) - Apple's disappointing earnings report has cost it some bragging rights: Thanks to declining stock shares, the company had a market value of $412.7 billion as of midday. That means Exxon Mobil regains the title of "world's most valuable company" at $417.5 billion, the AP reports....

Top 10 Companies for 2013
 Top 10 Companies for 2013 
forecast
Jan 17, 2013 4:50 PM CST

Top 10 Companies for 2013

Apple, of course, makes forecasters' list, along with Pfizer, Walmart

(Newser) - The prognosticators at 24/7 Wall Street are out with their annual predictions on which companies will be the most profitable in 2013. And, yes, Apple is expected to retain its No. 1 spot—by a wide margin. Here is the forecast with expected 2013 earnings, via MarketWatch .
  • No. 1: Apple,
...

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