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Cathy Bussewitz, AP Business Writer

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Energy & Environment

Challengers Unseat 3rd Exxon Board Member In Climate Fight

Cathy Bussewitz, AP Business Writer

Posted on June 3, 2021 · Texas-based Exxon says three candidates nominated by a dissident group of shareholders had been elected to its board of directors. Preliminary tallies last week had two of the challengers winning seats.

Tags alexander karsner climate change darren woods engine no. 1 Exxon Mobil

Energy & Environment

Exxon, Chevron To Cut US Jobs As Oil Industry Struggles

Cathy Bussewitz, AP Business Writer

Posted on October 29, 2020 · The oil industry has been struggling all year after prices fell well below what producers need to break even.

Tags COVID-19 energy Exxon Mobil Irving jobs layoffs oil and gas

Energy & Environment

US Seeks $3 Billion To Boost Oil Producers As Prices Plunge

ELLEN KNICKMEYER, AP / Cathy Bussewitz, AP Business Writer

Posted on March 20, 2020 · "It's a common-sense move. Everyone who's done any personal investment knows you do your best to buy low and sell high," Energy Secretary Dan Brouillette said.

News

Exxon Denies That It Misled Investors On Climate Risks

Cathy Bussewitz, AP Business Writer

Posted on November 8, 2019 · The outcome of the case will be decided by New York State Supreme Court Justice Barry Ostrager.

Tags Barry Ostrager climate change Exxon New York ted wells

Business

Exxon Mobil Profit Falls 49% As Oil And Gas Prices Decline

Cathy Bussewitz, AP Business Writer

Posted on November 1, 2019 · Oil prices have suffered due to a prolonged trade war between the U.S. and China, which has raised concerns about a global economic slowdown.

Tags China Exxon Mobil oil Permian Basin texas U.S.

Business

Berkshire Steps Into Fight For Anadarko On Occidental’s Side

Cathy Bussewitz, AP Business Writer / Josh Funk, AP

Posted on April 30, 2019 · If Anadarko does walk away from Chevron, it would have to pay a $1 billion breakup fee under its agreement.

Tags Anadarko Petroleum Berkshire Hathaway chevron Occidental Petroleum

Energy & Environment

Occidental Makes Competing Offer For Anadarko Petroleum

Cathy Bussewitz, AP Business Writer

Posted on April 24, 2019 · Houston-based Occidental said the proposed combination would bolster its position in the Permian Basin.

Tags Anadarko Petroleum chevron Occidental Petroleum Permian Basin

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