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Exxon CEO's compensation rises 8 percent to $27.2M

2013-04-13 02:24:15| Oil & Gas - Topix.net

Exxon Mobil Corp. gave its CEO $27.2 million in total compensation last year, an 8 percent increase as the oil giant posted its second-highest profit ever.

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Arkansas Exxon Spill Much Bigger Than Initially Thought

2013-04-12 07:46:00| Climate Ark Climate Change & Global Warming Newsfeed

Salon: As noted here, ExxonMobil in conjunction with Arkansas authorities have taken pains to shroud in relative secrecy the disaster in Mayflower, Ark., after a pipeline rupture leaked thousands of barrels of tar sands oil. Comments from a state attorney general Wednesday revealed that the spill was substantially larger than was initially believed, but that the size of the leak still remains unknown. A report from the Mayflower Incident Unified Command Joint Information has revealed that the pipeline...

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Arkansas attorney general launches investigation into Exxon oil spill

2013-04-12 06:39:26| Chemicals - Topix.net

Arkansas Attorney General Dustin McDaniel on Thursday night vowed to hold Exxon Mobil accountable after the company's pipeline ruptured and flooded a small town.

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Arkansas TV Stations Pull Ad Criticizing Exxon After Legal Threats

2013-04-12 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Facing South: A satirical ad criticizing Exxon Mobil that was set to air this week on Arkansas TV stations was pulled at the last minute after the company threatened legal action. The Irving, Texas-based oil giant is in the spotlight for its March 29 Pegagus oil pipeline break in Mayflower, Ark., which spilled an estimated 300,000 gallons of Canadian tar sands bitumen, a highly impure form of petroleum, in a residential community. Of the 22 families evacuated as a result of the spill, four are being allowed...

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Jury: Exxon Mobil owes $236 million for groundwater contamination

2013-04-11 15:52:32| Oil & Gas - Topix.net

An order for Exxon Mobil to pay $236 million in damages for groundwater contamination is by far the largest verdict in state history but represents only about two days' worth of profit for the energy company, an industry analyst said.

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