Cypriot natural gas could start flowing from ExxonMobil's discoveries by 2033
Read full article: Cypriot natural gas could start flowing from ExxonMobil's discoveries by 2033Natural gas could start flowing from two undersea deposits ExxonMobil discovered off Cyprus by 2033, the company's Vice President of Global Exploration John Ardill said, helping to turn the east Mediterranean island nation into a new European energy hub.
Corpus Christiās delayed water response bubbles up to Texas governorās race
Read full article: Corpus Christiās delayed water response bubbles up to Texas governorās raceFrustrated by a lack of progress, Gov. Greg Abbott threatened state action. Gina Hinojosa, his Democratic opponent, accused him of backing industry over people.
Companies moving their legal homes to Texas is good PR, but donāt expect many new jobs
Read full article: Companies moving their legal homes to Texas is good PR, but donāt expect many new jobsA companyās legal home determines which state taxes and laws governing corporations it will be subject to. Some are fleeing Delaware in search of a friendlier environment in Texas.
Corpus Christiās crucial refineries look for alternate water supplies amid looming water crisis
Read full article: Corpus Christiās crucial refineries look for alternate water supplies amid looming water crisisThe city produces 5% of the nationās refined products like gas and jet fuel, and experts say a serious water shortage could force production down and push fuel prices up even further.
ExxonMobil set to to move its legal home to Texas, citing business friendly environment
Read full article: ExxonMobil set to to move its legal home to Texas, citing business friendly environmentGov. Greg Abbott celebrated the announcement on Tuesday, crediting Texasā legal environment. Exxon has based its operations in the Houston area since 1989.
Texas refineries see opportunity in Venezuelan oil amid Mexico export declines
Read full article: Texas refineries see opportunity in Venezuelan oil amid Mexico export declinesAs President Donald Trump seeks to boost U.S. investment in Venezuelaās oil fields, Mexico is poised to export less heavy crude to Gulf refineries, creating an opening for Venezuelan oil.
Trump 'inclined' to keep ExxonMobil out of Venezuela after CEO response at White House meeting
Read full article: Trump 'inclined' to keep ExxonMobil out of Venezuela after CEO response at White House meetingPresident Donald Trump says he is āinclinedā to keep ExxonMobil out of Venezuela after its top executive was skeptical about oil investment efforts in the country after the toppling of former President NicolĆ”s Maduro.
Trump says the U.S. will fix Venezuelaās oil industry. Texas experts say the idea faces hurdles.
Read full article: Trump says the U.S. will fix Venezuelaās oil industry. Texas experts say the idea faces hurdles.Texas-based oil companies have largely been silent on Trumpās assertion that they would help to rebuild Venezuelaās oil infrastructure.
Guyana holds general election as candidates vie for control of country's oil wealth
Read full article: Guyana holds general election as candidates vie for control of country's oil wealthThousands of voters in Guyana have participated in what many say is the South American countryās most consequential election in decades.
Rubio vows stern response if Venezuela attacks Guyana
Read full article: Rubio vows stern response if Venezuela attacks GuyanaU.S. Secretary of State Marco Rubio has vowed that the United States will respond forcefully if Venezuela attacks Guyana amid an ongoing territorial dispute that involves massive oil and gas reserves.
Guyana's president denounces Venezuelan incursion in offshore oil field operated by ExxonMobil
Read full article: Guyana's president denounces Venezuelan incursion in offshore oil field operated by ExxonMobilGuyanaās president has denounced an incursion by an armed Venezuelan naval vessel in disputed waters and home to a mammoth offshore oil deposit being developed by ExxonMobil.
ExxonMobil could partner up with Eni and Total to jointly develop natural gas deposits off Cyprus
Read full article: ExxonMobil could partner up with Eni and Total to jointly develop natural gas deposits off CyprusCyprusā energy minister says ExxonMobil could partner up with a consortium composed of Eni of Italy and Total of France to jointly develop gas deposits theyāve discovered close to each other off the island nationās southern coast.
California sues ExxonMobil and says it lied about plastics recycling
Read full article: California sues ExxonMobil and says it lied about plastics recyclingCalifornia is suing ExxonMobil for allegedly deceiving the public for half a century by promising that recycling would address the global plastics pollution crisis.
Donald Trumpās promise to ādrill, baby, drillā probably wonāt change much ā least of all in Texas
Read full article: Donald Trumpās promise to ādrill, baby, drillā probably wonāt change much ā least of all in TexasTexas is producing so much natural gas right now companies are losing money.
Gulf Coast petrochemical growth draws billions in tax breaks despite pollution violations
Read full article: Gulf Coast petrochemical growth draws billions in tax breaks despite pollution violationsA new report by the Environmental Integrity Project compiled data on every U.S. plastics plant built, expanded or proposed since 2012, revealing massive growth in Texas.
ExxonMobil to explore for oil and gas in offshore area under dispute by Guyana and Venezuela
Read full article: ExxonMobil to explore for oil and gas in offshore area under dispute by Guyana and VenezuelaExxonMobil says it plans to explore for oil and gas in a disputed area off South Americaās coast where the Venezuelan military had previously expelled two U.S. oil companies.
Texasā oil and gas production surges even as federal government clamps down on environmental regulations
Read full article: Texasā oil and gas production surges even as federal government clamps down on environmental regulationsCrude oil and natural gas extraction in Texas reached record levels in 2023, according to the industryās annual report.
Federal Trade Commission is investigating ExxonMobil's $60B deal to acquire a Texas oil company
Read full article: Federal Trade Commission is investigating ExxonMobil's $60B deal to acquire a Texas oil companySecurity filings show the Federal Trade Commission is investigating ExxonMobilās $60 billion deal to acquire a Texas oil company, potentially one the largest energy industry mergers in two decades.
Schumer and other Senate Democrats call for a federal probe of huge oil deals by Exxon and Chevron
Read full article: Schumer and other Senate Democrats call for a federal probe of huge oil deals by Exxon and ChevronSenate Majority Leader Chuck Schumer and other Democratic senators are urging federal regulators to investigate multibillion-dollar acquisitions by oil giants ExxonMobil and Chevron, saying the deals could lead to higher prices at the gas pump.
ExxonMobil loses bid to truck millions of gallons of crude oil through central California
Read full article: ExxonMobil loses bid to truck millions of gallons of crude oil through central CaliforniaExxonMobil has lost a court bid to truck millions of gallons of crude oil through central California ā a crucial part of its efforts to restart offshore oil wells that were shut in 2015 after a pipeline leak caused the worst coastal spill in 25 years.
$264M offered in Gulf oil sale held under climate compromise
Read full article: $264M offered in Gulf oil sale held under climate compromiseOil companies including Chevron and ExxonMobil offered a combined $264 million for drilling rights in the Gulf of Mexico in a sale mandated by last yearās climate bill compromise.
ExxonMobil loses bid to nix climate change lawsuit
Read full article: ExxonMobil loses bid to nix climate change lawsuitMassachusettsā highest court has rejected a bid by ExxonMobil to dismiss a lawsuit brought by the state that accuses the oil giant of misleading the public about the role its products play in causing climate change.
California subpoenas ExxonMobil in probe of plastics waste
Read full article: California subpoenas ExxonMobil in probe of plastics wasteCaliforniaās attorney general has subpoenaed ExxonMobil as part of what he called a first-of-its-kind investigation into the petroleum industry for its alleged role in causing a global plastic pollution crisis.
ExxonMobil: Pipeline, ship or both for exporting Cyprus gas
Read full article: ExxonMobil: Pipeline, ship or both for exporting Cyprus gasThe chief of ExxonMobilās Cyprus arm says natural gas will remain an important energy source through 2050 and quantities of the hydrocarbon found off the east Mediterranean island nation could reach markets through a pipeline or by liquefying it for transport by ship.
Democratic chair issues subpoenas to oil executives
Read full article: Democratic chair issues subpoenas to oil executivesThe chairwoman of the House Oversight Committee has issued subpoenas to top executives of ExxonMobil, Chevron and other oil giants, charging that the companies have not turned over documents needed by the committee to investigate allegations that the oil industry concealed evidence about the dangers of global warming.
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Oil giants deny spreading disinformation on climate change
Read full article: Oil giants deny spreading disinformation on climate changeTop executives of ExxonMobil and other oil giants have denied spreading disinformation about climate change while sparring with congressional Democrats over allegations that the industry concealed evidence about the dangers of global warming.
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BP, Exxon warn of supply issues in UK due to driver shortage
Read full article: BP, Exxon warn of supply issues in UK due to driver shortageThe British government is trying to ease concerns of a fuel crisis after oil giants BP and ExxonMobil-owned Esso warned they had to ration supplies and close some gas stations as a result of a truck driver shortage.