INSIDER
California sues ExxonMobil and says it lied about plastics recycling
Read full article: California sues ExxonMobil and says it lied about plastics recyclingCalifornia is suing ExxonMobil for allegedly deceiving the public for half a century by promising that recycling would address the global plastics pollution crisis.
Gulf Coast petrochemical growth draws billions in tax breaks despite pollution violations
Read full article: Gulf Coast petrochemical growth draws billions in tax breaks despite pollution violationsA new report by the Environmental Integrity Project compiled data on every U.S. plastics plant built, expanded or proposed since 2012, revealing massive growth in Texas.
ExxonMobil to explore for oil and gas in offshore area under dispute by Guyana and Venezuela
Read full article: ExxonMobil to explore for oil and gas in offshore area under dispute by Guyana and VenezuelaExxonMobil says it plans to explore for oil and gas in a disputed area off South America’s coast where the Venezuelan military had previously expelled two U.S. oil companies.
Texas’ oil and gas production surges even as federal government clamps down on environmental regulations
Read full article: Texas’ oil and gas production surges even as federal government clamps down on environmental regulationsCrude oil and natural gas extraction in Texas reached record levels in 2023, according to the industry’s annual report.
Federal Trade Commission is investigating ExxonMobil's $60B deal to acquire a Texas oil company
Read full article: Federal Trade Commission is investigating ExxonMobil's $60B deal to acquire a Texas oil companySecurity filings show the Federal Trade Commission is investigating ExxonMobil’s $60 billion deal to acquire a Texas oil company, potentially one the largest energy industry mergers in two decades.
Schumer and other Senate Democrats call for a federal probe of huge oil deals by Exxon and Chevron
Read full article: Schumer and other Senate Democrats call for a federal probe of huge oil deals by Exxon and ChevronSenate Majority Leader Chuck Schumer and other Democratic senators are urging federal regulators to investigate multibillion-dollar acquisitions by oil giants ExxonMobil and Chevron, saying the deals could lead to higher prices at the gas pump.
ExxonMobil loses bid to truck millions of gallons of crude oil through central California
Read full article: ExxonMobil loses bid to truck millions of gallons of crude oil through central CaliforniaExxonMobil has lost a court bid to truck millions of gallons of crude oil through central California — a crucial part of its efforts to restart offshore oil wells that were shut in 2015 after a pipeline leak caused the worst coastal spill in 25 years.
$264M offered in Gulf oil sale held under climate compromise
Read full article: $264M offered in Gulf oil sale held under climate compromiseOil companies including Chevron and ExxonMobil offered a combined $264 million for drilling rights in the Gulf of Mexico in a sale mandated by last year’s climate bill compromise.
ExxonMobil loses bid to nix climate change lawsuit
Read full article: ExxonMobil loses bid to nix climate change lawsuitMassachusetts’ highest court has rejected a bid by ExxonMobil to dismiss a lawsuit brought by the state that accuses the oil giant of misleading the public about the role its products play in causing climate change.
California subpoenas ExxonMobil in probe of plastics waste
Read full article: California subpoenas ExxonMobil in probe of plastics wasteCalifornia’s attorney general has subpoenaed ExxonMobil as part of what he called a first-of-its-kind investigation into the petroleum industry for its alleged role in causing a global plastic pollution crisis.
ExxonMobil: Pipeline, ship or both for exporting Cyprus gas
Read full article: ExxonMobil: Pipeline, ship or both for exporting Cyprus gasThe chief of ExxonMobil’s Cyprus arm says natural gas will remain an important energy source through 2050 and quantities of the hydrocarbon found off the east Mediterranean island nation could reach markets through a pipeline or by liquefying it for transport by ship.
Democratic chair issues subpoenas to oil executives
Read full article: Democratic chair issues subpoenas to oil executivesThe chairwoman of the House Oversight Committee has issued subpoenas to top executives of ExxonMobil, Chevron and other oil giants, charging that the companies have not turned over documents needed by the committee to investigate allegations that the oil industry concealed evidence about the dangers of global warming.
Oil giants deny spreading disinformation on climate change
Read full article: Oil giants deny spreading disinformation on climate changeTop executives of ExxonMobil and other oil giants have denied spreading disinformation about climate change while sparring with congressional Democrats over allegations that the industry concealed evidence about the dangers of global warming.
BP, Exxon warn of supply issues in UK due to driver shortage
Read full article: BP, Exxon warn of supply issues in UK due to driver shortageThe British government is trying to ease concerns of a fuel crisis after oil giants BP and ExxonMobil-owned Esso warned they had to ration supplies and close some gas stations as a result of a truck driver shortage.