NEW YORK (AP) — Exxon Mobil posted record annual profits in 2022 as consumers globally struggled with high prices for gasoline, home heating and consumer goods.
The energy giant brought in $55.7 billion in annual profits, exceeding its previous record of $45.22 billion in 2008, when a barrel of oil soared close to $150.
DENVER (AP) — Exxon Mobil’s scientists were remarkably accurate in their predictions about global warming, even as the company made public statements that contradicted its own scientists' conclusions, a new study says.
NEW ORLEANS (AP) — Federal judges have ordered a 9-year-old lawsuit against oil and gas companies over damage to Louisiana’s wetlands to be returned to state court for trial, potentially clearing the way for at least 41 similar lawsuits to move forward.
Exxon Mobil reversed the losses it suffered last year during the pandemic with a $6.75 billion third quarter profit as demand pushes the price for a barrel of crude past $80 for the first time in years.
NEW ORLEANS (AP) — Oil companies fighting dozens of lawsuits that blame drilling for decades of coastal erosion and wetland loss in Louisiana are pleased with a new appeals court ruling that could lead to some of the cases being heard in federal court.
HOUSTON (AP) — An explosion and fire at an Exxon Mobil oil refinery in Texas on Wednesday left 37 people with minor injuries, in the latest of a series of petrochemical industry blazes this year in the Houston area...
Chevron is buying Anadarko Petroleum for $33 billion, energizing its oil and gas drilling capabilities in Texas and the Gulf of Mexico while vaulting itself into a new league...