Can ExxonMobil Protect Climate and its Bottom Line?

March 26, 2014 by NRDC Switchboard

It’s big news that ExxonMobil has agreed to report on the risks to its fossil fuel assets in a world that comes to terms with the reality of climate disruption. But more important is what ExxonMobil will do with its business strategy to minimize both the risks to its current assets and to the climate.[read more]

ExxonMobil Looking to Tilt Playing Field in Favor of Natural Gas?

February 2, 2011 by Rod Adams

I just spent the past hour and 9 minutes listening to the ExxonMobile earnings call for the fourth quarter of 2011. The company reported some impressive numbers. Exxon recorded $9.3 billion in net earnings for the fourth quarter and $30.5 billion in net earnings for the year. The company generated $51.7 billion in cash flow and returned...[read more]

Doc pre-alert: ExxonMobile's Outlook for Energy: A View to 2030

January 20, 2011 by Lou Grinzo

ExxonMobil, the world’s largest oil company, expects global carbon emissions to rise by nearly 25% in the next 20 years, in effect dismissing hopes that runaway climate change can be arrested and massive loss of life prevented. According to the company’s annual Outlook for Energy report – due to be published in the next few weeks – demand for power will increase by nearly 40% in the next 20 years, lifting emissions by around 0.9% a year at least until 2030.[read more]

Florida price gouging laws: too vague or just flexible?

October 16, 2009 by Michael Giberson

ExxonMobil, among the companies under investigation by the Florida Department of Agriculture and Consumers Services for price gouging following Hurricane Ike, has asked the state agency to explain just what price gouging is according to Florida law. [ExxonMobil] officials claim the state’s rules for price gouging are too broad. They have...[read more]

The Rockefellers vs. ExxonMobil

May 28, 2008 by Marc Gunther

Big doings this morning in Dallas. ExxonMobil holds its annual meeting, highlighted by a long list of shareholder resolutions about corporate governance, climate change, renewable energy, discrimination against gays and lesbians and the company’s sponsorship of the Masters. Why, there’s even a shareholder resolution, submitted by a tiny...[read more]

Rockefellers Want Change!

May 1, 2008 by Jesse Jenkins

First, a bit of history:Standard Oil, the company John D. Rockefeller founded and turned into an economic superpower, was forced to break up into roughly 34 different companies around 1911. Two of these pieces eventually became Exxon and Mobile respectively. As you all know, these two companies are now combined, which has created the...[read more]