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Oil Major Exxon Mobil Boosts Emissions Reduction Target for 2025

2020-12-14 16:05:00| OGI

Exxon Mobil, which has recently come under attack by an activist campaign demanding changes at Exxon including the U.S. oil companys transition to cleaner fuels, unveiled plans to further reduce its emissions over the next five years.

Tags: major target oil reduction

 

Exxon Mobil to Cut 700 Jobs in Houston

2020-12-11 19:40:00| OGI

The 700 jobs are part of around 1,900 U.S. cuts anticipated, which Exxon Mobil has said would come mainly from its Houston-area campus.

Tags: jobs cut mobil houston

 
 

Church of England, D.E. Shaw Join Activist Campaign Targeting Exxon Mobil

2020-12-10 21:10:00| OGI

The Church Commissioners, who manage the Church of England's investment fund, said they were "pleased to lend their support" to proposals from new hedge fund Engine No. 1 designed to "re-energize ExxonMobil."

Tags: join england church mobil

 

Exxon Mobil Faces Proxy Fight Launched by New Activist Firm Led by Chris James

2020-12-07 19:35:00| OGI

New investment firm Engine No. 1 pushes the battered energy company Exxon Mobil, valued at $176 billion, to spend its cash better, preserve its dividend, and refresh its board.

Tags: james firm led chris

 

Exxon Mobil to Focus on Guyana, Permian Assets Following $20 Billion Impairment Charge

2020-11-30 23:45:00| OGI

Exxon Mobil will focus on Guyana, where it discovered up to 8 billion barrels of oil, offshore Brazil, and the Permian Basin oil field, the company said.

Tags: charge focus mobil assets

 

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