Posted on · Due to the invasion of Ukraine, BP said it will abandon its share in Russian oil company Rosneft, while Shell announced it's ending projects with Gazprom, the majority state-owned natural gas company. Experts say that's putting pressure on Houston-based Exxon Mobil to make a similar decision.
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.
Posted on · Like many oil and gas companies, ExxonMobil had a rough 2020. But what does that mean for Houston?
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.
Posted on · Granholm will help oversee the Coronavirus recovery as well as the shift to a clean energy economy. Also this week, Exxon cuts 700 Houston workers and Parsley Energy sheds 230 from its Austin workforce.
Posted on · Oil and gas operations make up the largest industrial source of methane emissions in the U.S. — and much of those emissions come from Texas, the country’s top oil and gas producer.
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.
Posted on · The outcome of the case will be decided by New York State Supreme Court Justice Barry Ostrager.
Posted on · The company has bought BHP Billiton's shale oil and gas assets in the U.S., which will give it access to the fast-growing shale industry
Posted on · Judge described Exxon's lawsuit as "running roughshod over the adage that the best defense is a good offense."
Posted on · On Saturday, a barge in Galveston Bay struck a ship and sprung a leak. While the barge was carrying a million gallons of marine fuel oil, officials believe just one tank was breached, which would suggest no more than 168,000 gallons spilled into the bay. As crews skimmed oil from the water, and containment booms […]