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SEC Launches Probe of Exxon Mobil on Permian Basin Asset Valuation

2021-01-15 18:15:00| OGI

Several people involved in valuing the Exxon Permian Basin asset during an internal assessment in 2019 said employees were being forced to use unrealistic assumptions, according to a report from�the Wall Street Journal.

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Exxon versus BP: Managing Reputation Risk in the Era of ESG

2021-01-08 16:00:00| OGI

Heres a look at the different reputational risks oil and gas companies are facing as they chase ESG goals in an effort to address increasing pressures from environmentalists and investors.

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Exxon Mobil Discloses Emissions Data for First Time

2021-01-06 23:05:00| OGI

Exxon Mobil,�the largest U.S. oil producer, said the emissions from its product sales in 2019 were equivalent to 730 million metric tons of CO, higher than rival oil majors.

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Exxon Mobil Signals Up to $20 Billion Write-down to Overwhelm Fourth-quarter Gains

2020-12-31 11:20:00| OGI

Exxon Mobil signaled in a regulatory filing that higher oil and gas prices and improved chemicals margins would aid fourth-quarter results, but the gains would be overshadowed by an up to $20 billion asset write down.

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Exxon Mobil Considers Investing Over $240 Million in Louisiana Refinery

2020-12-17 11:25:00| OGI

Exxon Mobil is carrying out a multibillion-dollar expansion of its Beaumont, Texas, refinery to run crude oil coming from the Permian Basin in Texas.

Tags: million mobil louisiana investing

 

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