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Regulator looks set to OK return of full operations at Exxon's Torrance refinery

2016-04-02 07:42:41| Chemicals - Topix.net

The anticipated return to service of Exxon Mobil's Torrance refinery, which has operated at less than 20% of capacity since a February 2015 explosion, could help narrow the ongoing gap between fuel prices for motorists in southern California and other parts of the U.S. Today, the South Coast Air Quality Management District will hold a hearing in Torrance to review XOM's request to fully restore the refinery, which usually provides 20% of the refined gasoline capacity in southern California and 10% of statewide capacity.

Tags: full set return operations

 

Probe of Exxon's climate change disclosures expands

2016-03-30 16:47:22| Oil & Gas - Topix.net

The logo of Exxon Mobil Corporation is shown on a monitor above the floor of the New York Stock Exchange in New York, December 30, 2015. New York Attorney General Eric Schneiderman speaks at a news conference with other U.S. State Attorney's General to announce a state-based effort to combat climate change in the Manhattan borough of New York City, March 29, 2016.

Tags: change climate climate change probe

 
 

Exxon's Credit Warning Shows Saudi Arabia's Death Grip On Oil Prices Continues

2016-03-24 10:29:50| Oil & Gas - Topix.net

Standard & Poor's announced in February that it was placing Exxon on credit watch with negative implications. S&P stated it would decide whether to downgrade Exxon, one of only three AAA-rated companies -- the other two are Microsoft and Johnson and Johnson -- within 90 days.

Tags: prices credit shows death

 

Exxon's 4Q and annual profit plunge with oil prices

2016-02-03 08:32:59| Oil & Gas - Topix.net

This April 29, 2014, file photo, shows an Exxon sign at a Exxon gas station in Carnegie, Pa. Exxon Mobil Corp. reports quarterly financial results on Tuesday, Feb. 2, 2016.

Tags: prices annual oil profit

 

California AG to Investigate Exxon's Climate History

2016-01-20 15:11:00| Climate Ark Climate Change & Global Warming Newsfeed

LA Times: California Atty. Gen. Kamala D. Harris is investigating whether Exxon Mobil Corp. repeatedly lied to the public and its shareholders about the risk to its business from climate change - and whether such actions could amount to securities fraud and violations of environmental laws. Harris' office is reviewing what Exxon Mobil knew about global warming and what the company told investors, a person close to the investigation said. The move follows published reports, based on internal company documents,...

Tags: history california investigate climate

 

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