Justices Won't Touch $236M Verdict In Exxon Mobil Pollution CaseThe Supreme Court will not hear North Texas-based Exxon Mobil's appeal of a $236 million judgment for its use of a gasoline additive that contaminated groundwater.
Exxon & FuelCell To Study Capturing Carbon EmissionsExxon Mobil and FuelCell Energy said that they will work together on technology to reduce the cost of capturing carbon emissions from power plants. It is a sensitive subject for Exxon Mobil.
Exxon Loses AAA Credit Rating As Oil Prices SlumpLow oil prices have helped cost Exxon its pristine AAA credit rating from Standard & Poor's, a label which it had held for over six decades. S&P said that it lowered Exxon's rating one notch.
Exxon Aims To Block Subpoena Over Climate ChangeExxon Mobil is squaring off against government investigators who believe that the energy giant covered up knowledge of how fossil fuels contribute to climate change. The company went to court to quash a subpoena issued last month.
Exxon Mobil Beats Q4 Profit ForecastsExxon Mobil on Tuesday reported a fourth-quarter profit of $2.78 billion. The results beat Wall Street expectations, but Exxon Mobil does not adjust its reported results based on one-time events such as asset sales.
Exxon Mobil Says Oil & Gas Will Still Dominate In 2040The way oil giant Exxon Mobil sees it, the global energy landscape won't be radically different in 2040 than it is today. Oil and gas will remain king, the company forecasted on Monday.
Exxon Mobil Beats Q3 Profit ForecastsExxon Mobil reported third-quarter earnings of $4.24 billion on Friday, exceeding Wall Street expectations.
Exxon Mobil Misses Q2 Profit ForecastsExxon Mobil on Friday reported second-quarter profit of $4.19 billion. The results fell short of expectations. Exxon shares have decreased 10 percent since the start of the year.
Exxon's Q1 Profit Falls 46 PercentLower oil prices pushed Exxon Mobil's first-quarter profit down 46 percent. The company said Thursday that it earned $4.94 billion -- their weakest first quarter since 2009.
Exxon CEO: Get Used To Lower Oil PricesExxon Mobil CEO Rex Tillerson expects the price of oil to remain low over the next two years because of ample global supplies and relatively weak economic growth.
Exxon Sees Abundant Oil & Gas In FutureNorth America will be supplying the world with oil and other liquid hydrocarbons by the end of this decade, according to Exxon Mobil's annual long-term energy forecast.
Exxon's Q2 Profit Climbs 28 PercentExxon Mobil on Thursday reported a net income that reached $8.78 billion in its second quarter, climbing by 28 percent from $6.86 billion and topping analyst expectations.