You Searched For "Exxon" and got 20 results
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2 mins read
Exxon's role in Guyana deepens as the government approves a massive $9 billion oil-drilling project
Guyana approved Exxon's third offshore drilling project, further cementing the oil giant's role in …
Benji Jones
4 mins read
Exxon is slashing workers and cutting costs, and employee morale has collapsed. Here's everything we know.
After a historic year of loss, Exxon is cutting jobs and reorganizing its workforce. Follow this st…
Benji Jones
2 mins read
Exxon Mobil will ban 'external position flags' like the LGBTQ rainbow pride flag from being flown outside its offices
Exxon's PRIDE employee group said the company's decision to ban the LGBTQ pride flag was based on t…
Katie Balevic
1 min read
Exxon slides 6% after SEC launches investigation into the oil giant's asset valuations
An Exxon employee alleges that the company overvalued a key oil and gas property in Texas' Permian …
Emily Graffeo
4 mins read
A leaked memo reveals Exxon is weighing job cuts across its oil production business due to 'prolonged negative market impacts'
Exxon is reviewing its upstream sector to find more ways to cut costs following the collapse in oil…
Benji Jones
3 mins read
Chevron just overtook Exxon to become the most valuable oil company in the US
Once the world's largest company, Exxon's market value has fallen more than 50% since the start of …
Benji Jones
2 mins read
See the key employees who run Exxon Mobil in our exclusive org chart
These executives will define the future of Exxon as it stares down a stunted oil market and pressur…
Benji Jones
6 mins read
Internal documents, leaked audio, and 19 insiders reveal Exxon made managers dub more employees poor performers as the oil giant sought to quietly cut staff
Amid crashing oil prices, Exxon made changes to its performance evaluation system that drove deeper…
Benji Jones
5 mins read
Leaked documents reveal Exxon changed its employee ranking system amid the coronavirus pandemic, putting more workers at risk of getting cut
Exxon changed its performance evaluation system in April, documents show, exposing as much as 8% or…
Benji Jones
2 mins read
ExxonMobil tumbles after oil-market chaos drives first quarterly earnings loss since 1988
The pandemic placed "unprecedented pressure" on margins, CEO Darren Woods warned. Exxon cut spendin…
Ben Winck
4 mins read
Feel like fixing the climate crisis is your personal responsibility? ExxonMobil has been telling you that for 20 years, a study found.
Many people see the climate crisis as a consumer problem. Two Harvard researchers think ExxonMobil …
Morgan McFall-Johnsen
2 mins read
Climate scientists blame Exxon lobbyists for disinformation that undermines efforts to reduce emissions and global warming
Earlier this week footage was released of an Exxon official who was caught on camera talking about …
Sarah Al-Arshani
3 mins read
Exxon launched a $3 billion effort focused on lowering its emissions after investors pressured the oil giant to address climate change
The company will put $3 billion into low-carbon technologies through 2025 and initially focus on ca…
Benji Jones
4 mins read
ExxonMobil's secret projections of the climate crisis were astonishingly accurate, and a legal expert says that's 'a stick of dynamite' for the oil giant's court battles
Exxon scientists knew about the coming climate crisis in precise detail, a new Harvard study found.…
Morgan McFall-Johnsen,Paola R…
2 mins read
Exxon is backing a natural gas mega-project in Qatar as global energy supplies buckle under pressures stemming from Russian's war on Ukraine
Qatar is working to expand its North Field East project to boost its annual LNG capacity to 110 mil…
Carla Mozée
2 mins read
Exxon and Chevron discussed merging to form second-largest oil company: report
The merger would be one of the largest in history and would likely create the second-largest oil co…
Victoria Cavaliere
3 mins read
Exxon's $60 billion bet on fossil fuels proves we're failing at the energy transition
ExxonMobil made a $60 billion bet that the world will be hooked on fossil fuels for decades. It sho…
Catherine Boudreau
1 min read
Surging oil prices amid war in Ukraine helped push Exxon CEO's pay up more than 50% in 2022
Exxon's CEO was paid a staggering $35.9 million last year, up 52%, after the war in Ukraine trigger…
Morgan Chittum
3 mins read
Exxon and Chevron investors shoot down climate proposals after a year a record profits
Exxon and Chevron investors rejected climate-change proposals after a year of record profits at the…
Catherine Boudreau
2 mins read
An activist investor with a 0.02% stake in Exxon ousted 2 of the oil giant's board members in a historic win
The win by Engine No. 1 highlighted a growing appetite among investors for corporations to tackle c…