Energy & Environment
Exxon booked record profits in 2022 as energy prices soared
Posted on · The oil giant brought in $12.75 billion in profits in the fourth quarter, bringing annual net income to $55.7 billion.
Tag: Exxon Mobil
Energy & Environment
Houston-area coalition bidding for hydrogen hub designation from U.S. Department of Energy
Posted on · A group called HyVelocity Hub, which includes Amazon, Chevron, the University of Texas and the Center for Houston's Future, among many others, is applying for federal dollars and a designation as a regional hydrogen energy hub.
Business
Exxon Mobil has reached a contract agreement with its locked out Beaumont workers
Posted on · Union members voted 214-133 to ratify the company’s latest offer, which added holiday time off and updated job descriptions for some union positions.
Business
ExxonMobil is recovering from the pandemic downturn with $23 billion in profits and plans to expand in the Permian Basin
Posted on · Texas-based oil giant Exxon Mobil had a big week. The company reported a dizzying $23 billion in profits, said it plans to raise output in the Permian Basin, and is moving headquarters to Houston.
Houston Matters
Winter weather descends on Houston. Will the power grid hold up? (Feb. 3, 2022)
Posted on · On Thursday's show: The latest on winter weather conditions descending on Houston and how it may affect the Texas power grid.
Breaking News
At least 4 injured after Baytown refinery explosion, sheriff says
Posted on · The “major industrial accident” occurred just after 1 a.m. Thursday, officials said.
Energy & Environment
The Biden administration sold oil and gas leases days after the climate summit
Posted on · The Biden administration oversaw one of the largest oil and gas lease sales in American history just days after pledging to take action on climate change at the international climate summit.
Energy & Environment
Challengers Unseat 3rd Exxon Board Member In Climate Fight
Posted on · 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.
Energy & Environment
The Week That Shook Big Oil
Posted on · A set of events shook the oil world this week: A tiny shareholder won a battle with Exxon, investors put pressure on Chevron and a Dutch court ordered Shell to slash emissions.
News
ExxonMobil Releases Its Most Comprehensive Emissions Report Ever
Posted on · For years the Texas-based oil major has released data about the company’s direct and indirect greenhouse gas emissions, but the most recent report is the first time Exxon has included estimated emissions from consumer use of their products.
Energy & Environment
Exxon, Chevron To Cut US Jobs As Oil Industry Struggles
Posted on · The oil industry has been struggling all year after prices fell well below what producers need to break even.
Energy & Environment
Houston And The Oil Market Crash: Schlumberger Sells Fracking Business
Posted on · As the oil market crash impacts the Houston and Texas economies, we'll continue to follow the story and provide updates at Houston Public Media.
Energy & Environment
Exxon Wins New York Climate Change Fraud Case
Posted on · The state's attorney general argued that the oil giant misled shareholders about the financial risks from climate change.
Business
Exxon Mobil Profit Falls 49% As Oil And Gas Prices Decline
Posted on · 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.
News
Petition Asks University Of Houston To Reconsider Choice Of Speakers For Student Event
Posted on · Some students and alumni have an issue with the speakers’ affiliation with Exxon Mobil.