Exxon-Mobil Corp. News

Exxon Mobil Loses Appeal Over Climate Change Probes

NEW YORK –– A federal appeals court on Tuesday rejected Exxon Mobil Corp’s XOM.N effort to stop Massachusetts and New York from probing whether the oil company lied to investors and the public regarding what it knew about climate change. …

Exxon Cuts Baytown Refinery Rates After Extinguishing Fire

Exxon Mobil Corp. says an overnight fire at its Baytown, Texas, refinery that injured four people has been extinguished. The blaze occurred at 1 a.m. local time at the plant, which is the fourth-largest in the U.S., capable of processing …

Exxon Sues Energy Transfer Over Charges From Pipeline Dispute

Exxon Mobil Corp’s XTO Energy shale unit filed a breach of contract lawsuit against Energy Transfer LP over disputed payments for the Dakota Access Pipeline, according to a Texas state court filing. The suit alleges the pipeline operator hit XTO …

Exxon Calls Massachusetts Fraud Suit Punishment for Opinion

Exxon Mobil Corp. told a judge that a fraud lawsuit filed by Massachusetts last year amounts to illegal punishment for the energy giant’s views about fossil fuels, the latest twist in their bitter clash over climate change. The suit by …

Energy Firms Tally Hurricane Damage, Plot Restarts as Laura Races North

U.S. energy companies on Thursday were organizing crews and beginning to review offshore Gulf of Mexico platforms and assess damage to coastal operations as Hurricane Laura took its fierce winds inland. The storm hit Louisiana early Thursday with 150 mile-per-hour …

U.S. Refining Capacity Poised For First Big Drop in Nearly a Decade

NEW YORK/HOUSTON — U.S. oil refining capacity this year could decline by the largest amount in nearly a decade as pandemic-related travel curbs and a fire shut several plants, reversing years of small gains. Refiners globally have been idling plants …

Coronavirus Is Delaying Vital Safety Work Across Oil and Gas

The , is delaying vital maintenance across the oil and natural gas industries in Europe and North America. Restrictions on the numbers of contractors on rigs, pipelines and production sites are forcing companies to delay work that’s been planned for …

Massive Exxon Refinery Fire Poses a New Threat to Oil Demand

A fire broke out early Wednesday at Exxon Mobil Corp.’s Baton Rouge oil refinery in Louisiana, halting production at the fifth-biggest fuel-making plant in the U.S. The outage at the massive complex — which supplies fuels across the southeast U.S. …

Exxon Prevails Over New York in Climate Accounting Case

Exxon Mobil Corp. won a closely watched securities-fraud trial that delved into its internal accounting for the financial risks of climate change, a striking rejection of New York state’s claim that the company misled investors for years. The ruling Tuesday …

Exxon Faces Lawsuit Over Air Pollution from Petrochemical Fire

HOUSTON — Exxon Mobil Corp was hit with a lawsuit on Thursday over pollution from a fire at the company’s Baytown Olefins Plant, according to an attorney for Harris County, Texas, which filed the suit. The fire was being investigated …