Tag: exxon mobil

Exxon fracking report responds to shareholders

Under pressure from the corporate responsibility group As You Sow, Exxon agreed earlier this year to reveal more about how it manages the risks involved with the drilling technique, known as fracking.  More »

In Exxon suit, judge leaves opening for Indonesian villagers

Last year, a Supreme Court decision over foreign human rights abuse victims seeking damages in American courts left a small window open for some hoping for restitution.  More »

Exxon to halt Russian drilling in face of U.S. sanctions

The U.S. Treasury Department has given Exxon Mobil Corp. and other contractors a license to wind down operations in the Russian Arctic as the Irving-based company prepares to comply with U.S. sanctions banning joint-venture oil exploration in the area.  More »

Exxon Mobil touts chemical plant expansion

Exxon Mobil Corp. officially launched its already underway Baytown Chemical plant expansion at an event Friday afternoon. Across the street from the event, workers were driving piles and shoring up the foundation for construction.  More »

Most majors keep investments in lower risk countries, report says

Major oil and gas companies have continued to base the majority of production in low-risk countries, with a handful of exceptions, according to a new analysis.  More »

Ebola outbreak threatens oil-producing Nigeria

So far the ebola virus outbreak in Africa isn’t much affecting energy operations there, but that could change with reports that the disease has reached Nigeria, the continent’s most populous nation and a major oil producer.  More »

Industry pans feds’ plan for gas exports

The Obama administration says its new plan for vetting proposals to sell liquefied natural gas overseas is aimed at streamlining the review process, but energy companies and aspiring exporters say the government’s approach could have the opposite effect.  More »

Five things to know about how Iraq’s turmoil affects oil markets

Sarah Haggas, an expert on the Middle East region for the energy team at consulting firm IHS, explains what you need to know about how turmoil in Iraq by militant group ISIS is affecting the energy sector.  More »

Russia needs US tech to unlock $8.2 trillion oil trove

Russia will require Western companies to provide the modern drilling and production gear — and techniques such as hydraulic fracturing — that are essential to unlocking its $8.2 trillion worth of barrels still underground.  More »

Norwegian oil industry faces mediation to avoid strike, output halt

Norwegian oil workers and employers will start mediation talks tomorrow to bridge differences and avoid a strike that threatens to halt about 115,000 barrels of oil a day  More »

Exxon Mobil sells Houston building

Exxon Mobil has sold an eight-story office tower near the North Freeway and Beltway 8.  More »

Energy companies dominate Houston’s Fortune 500 members

All but three of the 26 Houston companies on latest Fortune 500 list are in the energy business.  More »
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