Exxonmobil

ExxonMobil Corp. and the Georgia Institute of Technology (Georgia Tech) said a team of scientists may have broken the code to reduce the amount of energy and carbon emissions associated with making plastics.

ExxonMobil Corp.’s dispute with state attorneys general into the company’s climate change research is heating up, with a North Texas district court now holding a key in how the case moves forward. At the same time an industry group has charged the attorneys general coalition is politically directed at furthering the Obama administration’s climate change initiative.

ExxonMobil Corp. is pursuing efficiencies across its global operations, with a particular focus in the U.S. onshore on the Permian Basin and Bakken Shale, the investor relations chief said Friday.

The second quarter proved to be no better than the first three months of the year for the two largest U.S. oil and gas operators, with No. 1 ExxonMobil Corp. recording a 60% slump in year/year profits and Chevron Corp. recording its third straight loss in a row, this time for $1.5 billion.

SABIC (Saudi Basic Industries Corp.) and an affiliate of ExxonMobil Corp. are considering the development of a jointly owned petrochemical complex on the U.S. Gulf Coast.

The chairman of the House Science, Space and Technology Committee has subpoenaed the attorneys general (AG) of New York and Massachusetts, as well as eight environmental organizations, demanding documents related to their investigation into ExxonMobil Corp. and climate change.

ExxonMobil Corp. has scored a win in the wide-ranging inquiry into its climate change research, with the Virgin Islands Department of Justice agreeing to withdraw a subpoena that was requesting years of internal documents.

A House committee is seeking to assert its jurisdiction over inquiries by several state attorneys general (AG) into ExxonMobil Corp.’s climate change research and is demanding to know more about consultations with environmental groups.

ExxonMobil Corp.’s directors were rebuked on Wednesday at the annual meeting when a proxy measure was overwhelmingly approved by shareholders that would allow outsiders to be nominated to the board. The measure, according to proponents, could allow a climate change activist eventually to become a director.