Exxon Mobil

• US Supreme Court to hear bid by oil companies to toss climate suits

  The U.S. Supreme Court has agreed to hear an appeal by ExxonMobil and Suncor Energy over a lawsuit that seeks to hold oil companies liable for helping fuel climate change.

  Environment

  Feb 23
  
• Exxon Mobil agrees to buy shale rival Pioneer for nearly US$60B

  Exxon Mobil agreed to buy U.S. rival Pioneer Natural Resources in an all-stock deal valued at US$59.5 billion that would make it the biggest producer in the largest U.S. oilfield.

  U.S. News

  Oct 11, 2023
  
• Advertisement
• ‘Exxon knew’: Oil giant had accurate data on climate change for decades, study says

  Exxon Mobil was remarkably accurate in their predictions about global warming, even as the company made statements that contradicted its own conclusions, a new study says.

  World

  Jan 13, 2023
• Advertisement
• ExxonMobil ‘very close’ to unveiling job cuts in Canada and U.S., CEO email says

  The job cuts are part of a plan unveiled this spring to redesign how Exxon works and to increase competitiveness, CEO Darren Woods said in an email to its nearly 75,000-person workforce.

  Economy

  Oct 21, 2020
• Exxon pipeline leak halts some production at Gulf of Mexico facility, Shell says

  Royal Dutch Shell jointly owns its Perdido Gulf of Mexico facility with BP and Chevron. Exxon Mobil did not immediately respond to a request for comment.

  World

  Apr 13, 2020
• Exxon denies it misled investors on climate risks

  Climate change may be the defining risk for oil and gas companies in coming decades, and attorneys for New York state are saying Exxon Mobil misled investors about how it was handling that risk.

  Economy

  Nov 7, 2019
• Imperial Oil CEO Rich Kruger to retire, Brad Corson will take over

  Rich Kruger is retiring at the end of this year.

  Economy

  Sep 17, 2019
• Calgary-based Imperial Oil’s second quarter results beat analyst expectations

  Imperial Oil is reporting second quarter results that beat analyst expectations.

  Canada

  Aug 2, 2019
• Advertisement
• Exxon Mobil withdraws application to approve $25B LNG project on northern B.C. coast

  The $25-billion liquefied natural gas export facility had been proposed by Imperial Oil and its parent company Exxon Mobil for the Prince Rupert area on B.C.'s north coast.

  Money

  Dec 20, 2018
• Advertisement
• U.S. Exxon lawsuit takes aim at Alberta oilsands over climate risks

  A lawsuit filed this week in a U.S. court says ExxonMobil has dramatically underestimated the risks its oilsands assets face from efforts to reduce carbon emissions.

  Economy

  Oct 26, 2018