Exxon Mobil’s Lawsuit Against Climate Activist Shareholder Arjuna Capital Dismissed By Federal Judge
A federal judge has dismissed Exxon Mobil Corp's lawsuit against activist shareholder Arjuna Capital over a climate proposal.
Exxon Mobil’s Nigerian Asset Sale To Seplat Nears Completion As Court Case Clears
Seplat Energy aims to wrap up $1.28B acquisition of Exxon Mobil's Nigerian oil assets despite regulatory delays and court proceedings by NNPC.
Strike At Exxon Site On Hold: Talks Heat Up Over Severance Packages
A strike at Exxon Mobil's French petrochemical complex is suspended until June 4 for potential talks on severance packages. Jobs will be lost.
Exxon Shrinks Footprint In Nigeria Despite Renewal Of Lease On Lagos Office: Report
Exxon is relocating staff from the 12-floor Mobil House, reportedly leased at $10 million annually, to a six-floor office building in Ikoyi.
Investors Fear Exxon Lawsuit Hinders Sustainability Proposals: Report
A group of institutional investors worth $4.4T urges companies to stop suing shareholders over proposals, citing long-term harm and SEC intervention.
Guyana Gas Bonanza On Hold: Exxon Reportedly Faces Deadline For Stabroek Development
Exxon-led consortium must decide by October on developing large gas find off coast of Guyana, govt wants 20% of reserves if undeveloped.
Exxon Wins Round One in Lawsuit Against Climate Activist Investor: Report
US judge allows Exxon's lawsuit against activist shareholder group seeking to bar climate resolution, raising concerns about stifling debate.
Exxon’s Texas LNG Project Faces Major Setback As Lead Contractor Files For Bankruptcy
Exxon Mobil and Qatar's contractor for Texas LNG plant files for bankruptcy due to cost challenges. Project expected to expand exports in 2025.
Chevron Ends 55-Year North Sea Operations Ahead Of Hess Deal: Report
Chevron Corp. (NYSE: CVX) will exit the U.K. North Sea, ending its 55-year presence, to streamline its portfolio amid a $53 billion acquisition of Hess Corp. (NYSE: HES).
Big Oil, Big Bet: Indonesia’s Pertamina & Exxon Aim For Gigatonne CO2 Grab
Exxon Mobil and Pertamina to drill for CCS hub in Indonesia, estimated to store 3 gigatonnes of CO2 with a $2 billion investment.