Exxon Mobil Corp. is facing renewed criticism from environment-focused investors for not meeting its climate-related commitments. This annual contention has gained more intensity ahead of the company’s shareholder meeting on May 29, especially after Exxon sued climate-focused groups Arjuna Capital LLC and the nonprofit.
Exxon recorded earnings of $8.2 billion, a decrease from $11.4 billion in the first quarter of 2023. This was largely due to lower industry refining margins and natural gas prices.
Exxon ecently took delivery of 10 brand-new all-electric pickup trucks for use in our Permian Basin oil and natural gas operations.
ExxonMobil newly launched low-carbon technology division (LOW CARBON LOGISTICS CCS) was approved by the Railroad Commission of Texas (RRC) for a new 18 mile pipeline permit (permit #T10496) to be located in Jefferson County TX.
ExxonMobil plans to invest more than $15 billion on lower greenhouse gas emission initiatives – get the details.
ExxonMobil and Global Clean Energy have expanded their five-year agreement to increase ExxonMobil’s purchase of renewable diesel
