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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.

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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.

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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.

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