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Stories Tagged as

Exxon

Do shareholder ESG resolutions make a difference?

by Kimberly Adams
Jan 22, 2024
So-called activist investors in recent years have been pushing for social and environmental goals through shareholder resolutions. As Kimberly Adams reports, even though there's a growing political backlash, these resolutions can change corporate policies.
Exxon filed a lawsuit to prevent activist investors from voting on climate-related proposals at the company's next shareholder meeting.
Michael M. Santiago/Getty Images
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Exxon is shelling out $60B to double its Permian production. Why there?

by Elizabeth Trovall
Oct 12, 2023
The Permian Basin, which runs through West Texas and New Mexico, produces more oil than most countries.
If the Permian Basin were its own country, it would be among the top five oil producers in the world, said Karr Ingham with the Texas Alliance of Energy Producers. Above, an oil pumpjack in Odessa, Texas.
Joe Raedle/Getty Images
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Oil earnings bubbling up

by Mitchell Hartman
Oct 27, 2017
Exxon and Chevron report earnings today. Yesterday ConocoPhillips reported income that beat analysts’ estimates. Earlier in the week oil services firm Halliburton delivered strong earnings, with revenue up 10 percent. The earnings indicate the energy industry is in a minor rebound — after years of slump. Click the audio player above to hear the full […]
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Exxon investors want a bank-style stress test for climate change

by Jed Kim
Jun 29, 2017
Shareholders have voted for transparency on climate risk.
ERIC PIERMONT/AFP/Getty Images
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Shareholders want Exxon to report on climate change risk

by Annie Baxter
May 30, 2017
Exxon Mobil’s investors will vote Wednesday on a proposal demanding that the company produce a “meaningful” plan to address risks to its business from climate change and climate change regulation. Exxon has faced allegations that it’s underplayed climate change, though its leadership does support the U.S. staying in the Paris Agreement to cut carbon emissions. […]
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What does it mean to have the ExxonMobil CEO as secretary of state

by Annie Baxter
Dec 13, 2016
The multinational oil company has what amounts to its own foreign policy, which can be contrary to U.S. policy.
Chairman and CEO of US oil and gas corporation ExxonMobil, Rex Tillerson, speaks during the 2015 Oil and Money conference in central London on October 7, 2015. 
BEN STANSALL/AFP/Getty Images
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Final Note

There are only two companies left with triple A credit ratings

by Kai Ryssdal
Apr 26, 2016
Guess who
Sorry, Exxon.
SAUL LOEB/AFP/Getty Images
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Now Big Oil's refinery profits start to shrink

by Nancy Marshall-Genzer
Jan 20, 2016
Big oil companies have been buffered a bit by higher profits from refining oil into gas.
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Exxon target of climate change probe

by Sabri Ben-Achour
Nov 6, 2015
What did the company know about the issue and what did it tell shareholders?
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25 years after the Exxon Valdez crisis, we've learned...?

by Adriene Hill
Mar 24, 2014
It was a dramatic disaster to call attention to environmental risks, and 25 years later it stands out as an stark reminder of continuing environmental risks.
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