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Exxon suit over activist investor’s climate proposal is dismissed

June 19, 2024 1:30 am

Judge Pittman of US District Court for of Texas ruled that because Arjuna had withdrawn its proposal and had vowed not to submit similar proposals, Exxon’s claim was moot.

French strike may presage a winter of discontent for Europe

October 15, 2022 1:27 pm

A strike pitting refinery workers seeking a greater share of surging profits against the oil giants TotalEnergies and Exxon Mobil has emerged as the first major social crisis of Emmanuel Macron's second term as president.

Oil giant Exxon booted from Dow Jones Industrials in major embrace of tech

August 26, 2020 5:16 pm

The changes mark a stunning fall from grace for Exxon, the world’s biggest company as recently as 2011, whose ejection reflects the steady decline of commodity companies in the American economy.

Exxon's climate change fraud trial to wrap up in New York

November 07, 2019 10:06 pm

The company used a "proxy cost" of up to $80 per ton of carbon emissions in wealthy countries by 2040, but internally used figures as low as $40 per ton or none at all, the attorney general said.

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California Oil Spill: Exxon Mobil shuts 3 drilling platforms

June 24, 2015 11:17 am

Shut down may not effect oil prices but the company's profit margin and Santa Barbara's tax revenue will be effected.

Berkshire buys $3.45 bn fresh Exxon Mobil stake

November 16, 2013 3:22 am

WaBuffetts Berkshire Hathaway Inc on disclosed a new $3.45 billion stake in Exxon Mobil Corp.

Cairn ranked fastest growing energy firm in the world

November 01, 2013 1:28 am

The 2013 rankings reflect fiscal 2012 financial performance in asset value,revenue,profit and ROIC.

Google vaults past Microsoft,Warren Buffet's Berkshire Hathaway,Apple Inc ahead

October 19, 2013 10:55 am

Google quarterly result puts it on course to challenge Apple Inc,despite rivals Facebook Inc,Yahoo Inc.

Google shares break $1K barrier as mobile pays off

October 19, 2013 1:27 am

Google Inc shares jumped past $1,000 on Friday as investors bet on the companys continued dominance of the mobile and video advertising businesses.

Exxon quarterly profit falls,output tumbles

November 02, 2012 4:50 am

Exxon Mobil Corp,the world's largest publicly traded oil company,reported a lower quarterly profit that topped expectations,as higher margins from its refining arm countered a 7.5 decline in oil and gas output.