Industry: No such thing as ‘idle leases’
A government report that depicted a majority of oil and gas leases as idle is misleading at best and leaves out a lot of realities, says the industry. But neither side is innocent of leaving out...
View ArticleExxon fires back at NYT editorial on oil industry taxes
An Exxon exec cries foul about a New York Times editorial that painted oil companies as spoiled crybabies, whining about a plan by Senate Democrats to repeal a host of industry tax breaks.
View ArticleExxon Mobil predicts surge in electricity from nuclear & natural gas at the...
Natural gas and nuclear power could help meet a surging demand for electricity across the globe over the next three decades as growing environmental concerns and costs start to price coal out of the...
View ArticleExxon Mobil veep: ‘It’s not easy being us’
Apparently, it's lonely at the top. "It's not easy being us," said Exxon Mobil's top lobbyist today after he was asked about a critical ad campaign and a push to strip universities of their fossil fuel...
View Article‘Energy independence’ on the outs
Forget "energy independence." Now the new catchphrase in the nation's capital is "energy security."
View ArticleOil industry battles back on natural gas exports
The oil and gas industry on Thursday stepped up its fight for natural gas exports and criticized a new coalition of manufacturers that wants to restrict foreign sales of the fossil fuel.
View ArticleOil companies break with trade group on renewable fuel mandate
The oil and gas industry's top trade groups doggedly insist that Congress must completely scrap a federal mandate that forces gasoline makers to blend in ethanol and other renewable fuels. But not all...
View ArticleExxon predicts fossil fuels will reign supreme through 2040
Oil and gas will provide the bulk of the energy needed to fuel the world by 2040, with most of it coming from North America, Russia and the Middle East, Exxon Mobil predicted Thursday.
View ArticleExxon Mobil fights claims it hid early climate change science
The company's pushback comes amid mounting calls for a federal investigation of the issue, with Democratic presidential candidates and lawmakers calling for a Big Tobacco-style racketeering case.
View ArticleNew York attorney general probing Exxon Mobil as climate change scandal...
Attorney General Eric T. Schneiderman has subpoenaed documents from Exxon Mobil following reports the oil giant funded -- and then suppressed -- research exposing the risks of climate change decades ago.
View ArticleUnder fire from green groups, Exxon Mobil declares support for Paris climate...
As the United Nations negotiations moved into a third day, the world’s biggest oil explorer said in an blog post that it supports “meaningful action to address the risks of climate change” as long as...
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