Tag: exxon mobil

Lobbying dollars flow into DC on exporting US gas

Labor unions, energy companies and other groups spent as much as $34 million during the first quarter lobbying for and against exports of U.S. natural gas, according to new disclosures.  More »

Executive pay drops as shareholder pressure rises on oil giants

Several of the largest U.S. energy companies cut into top-shelf executive pay last year as activist investors pushed them to shrink their oil empires and steer more capital to shareholder pockets.  More »

Researcher: 2014 slated to be most active year for global shale drilling

This year is slated to be the most active year for international drilling yet, even as investors show less interest in risky ventures, a Wood Mackenzie researcher said this week.  More »

Pipeline violation penalties break record in 2013

The Pipeline and Hazardous Materials Safety Administration proposed $9.78 million in civil penalties against pipeline operators for alleged violations of federal law in 2013, the agency announced this week.  More »

Exxon: Future climate rules won’t curb fossil fuel investments

Exxon Mobil Corp. on Monday cast aside speculation it would retreat from oil sands and deep-water reservoirs, saying it believes that none of its fossil fuel reserves will be stranded because of potentially stringent carbon regulations in the years to come.  More »

Exxon Mobil refinery receiving crude shipments again after channel closure

Exxon Mobil Corp.’s major refinery in Baytown can push its output of refined products back up again after a decline when the Houston Ship Channel closed for three days.  More »

Houston Ship Channel reopens after oil spill

The prospect that at least some vessels soon may resume travel through the Houston Ship Channel eased worries that an oil spill Saturday will threaten productivity from area refineries.  More »

Under pressure, Exxon Mobil agrees to disclose risks of carbon rules

Under pressure from activist shareholders, Exxon Mobil has agreed to disclose how carbon regulations could impact its business model and investment plans, investors said Thursday.  More »

BP makes first bids on Gulf drilling rights since post-spill suspension

BP is bidding on new drilling rights in the Gulf of Mexico for the first time in nearly two years, after a government contract suspension forced the oil giant to sit out on three government auctions of the territory.  More »

Energy’s global tiger can bear sanctions on Russia

Losing money on possible economic sanctions in Russia would amount to a little more than a rounding error for Exxon Mobil, the U.S. energy company with the biggest stake in a country under international pressure to release its grip on Ukraine.  More »

Cleanup of soil from Exxon oil pipeline spill complete

The company has agreed to do weekly sheen monitoring and sheen removal in the cove and to do the same within 48 hours after rainfall.  More »

Looking for shale gas, they found Godzilla’s nemesis (photos)

An Exxon Mobil shale gas project in Argentina had to be diverted when a road construction crew struck dinosaur bones of titanic size.  More »
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