Climate projections reported by ExxonMobil scientists between 1977 and 2003 were accurate and skillful in predicting subsequent global warming and contradicted the company's public claims, a new Harvard study shows.
Earth Sciences
Jan 12, 2023
20
241
Driven by fluctuations in oil prices, and seduced by the prospect of easing climate change, experts are ramping up efforts to squeeze fuel out of a promising new organism: pond scum.
Biotechnology
Oct 22, 2009
4
0
An oil pipeline in northwestern US state Montana has ruptured and spilled crude oil into the Yellowstone River, a key tourist attraction in the region that runs through a famed national park, the pipeline operator acknowledged ...
Environment
Jul 3, 2011
7
0
ExxonMobil has polluted the Mystic River while failing to plan for the potentially severe impacts of climate change at its Boston-area fuel storage terminal, according to a lawsuit filed Thursday by an environmental advocacy ...
Environment
Sep 29, 2016
0
13
Google overtook US oil giant ExxonMobil on Monday to become the world's number two company when rated by market value, behind its high-tech rival Apple.
Business
Feb 10, 2014
0
0
The flamboyant founder of Japanese telco SoftBank, which is close to a $21.6 billion takeover of US firm Sprint Nextel, on Friday added a new goal to his lofty agenda: creating the world's biggest company.
Business
Jun 21, 2013
0
0
US energy giant ExxonMobil is facing an onslaught from environmentalists and some shareholders alleging it hid what it knew about the effects of fossil fuels on climate change.
Environment
Apr 18, 2016
11
34
US regulators have told ExxonMobil and Chevron to permit shareholders to vote on resolutions requiring assessments of how climate change policies might affect them, according to documents released Thursday.
Business
Mar 24, 2016
1
11
ExxonMobil is being investigated by New York state on whether it lied to the public about the risks of climate change, a spokesman for New York's top prosecutor said Thursday.
Environment
Nov 5, 2015
1
36
ExxonMobil pledged Tuesday to reach "net zero" greenhouse gas emissions in its operations by 2050, but stopped short of extending the promise to products it sells throughout the global economy.
Environment
Jan 18, 2022
1
13
Exxon Mobil Corporation (NYSE: XOM) or ExxonMobil, is an American multinational oil and gas corporation. It is a direct descendant of John D. Rockefeller's Standard Oil company, and was formed on November 30, 1999, by the merger of Exxon and Mobil. Its headquarters are in Irving, Texas. It is affiliated with Imperial Oil which operates in Canada.
ExxonMobil is one of the largest publicly traded companies by market capitalization in the world, having been ranked either No.1 or No. 2 for the past 5 years. Exxon Mobil's reserves were 72 billion oil-equivalent barrels at the end of 2007 and, at then (2007) rates of production, are expected to last over 14 years. With 37 oil refineries in 21 countries constituting a combined daily refining capacity of 6.3 million barrels (1,000,000 m3), Exxon Mobil is the largest refiner in the world, a title that was also associated with Standard Oil since its incorporation in 1870.
ExxonMobil is the largest of the six oil supermajors with daily production of 3.921 million BOE (barrels of oil equivalent). In 2008, this was approximately 3% of world production, which is less than several of the largest state-owned petroleum companies. When ranked by oil and gas reserves it is 14th in the world with less than 1% of the total.
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