Exxon Mobil Corp. plans to become one of the biggest suppliers of lithium for electric vehicles, marking the oil giant’s first major foray outside of fossil fuels in decades.
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ExxonMobil (NYSE: XOM) has been fined for not publishing its climate risk report – the fine was £5,000, against an annual turnover of nearly $377 billion.
Exxon Mobil is in talks with Tesla, Ford Motor Co., Volkswagen and other automakers about supplying them with lithium as the oil giant works to build a business around the crucial battery metal, according to people familiar with the matter.
Exxon Mobil Corp. (NYSE: XOM) said the prospect of the world reaching net zero carbon dioxide emissions by 2050 is “highly unlikely” due to the drop in living standards that would come with such a scenario.
Exxon Mobil needs to do better at documenting the valuation risk its assets face as the economy moves toward lower-emitting energy sources, according to shareholders including Legal & General Investment Management.
The US government sued Exxon Mobil for racial discrimination against a Black employee after the company allegedly failed to adequately respond to the appearance of five hangman’s nooses at a Louisiana petrochemical plant over several years.
Exxon Mobil failed to initially report a release of the super-potent greenhouse gas methane in the Permian Basin that occurred in early February, violating state rules.
A new study of ExxonMobil's (NYSE: XOM) own climate change projections offers fresh evidence that the oil giant’s models accurately forecast global warming even as it publicly sowed doubt about the crisis.
ExxonMobil (NYSE:XOM) and Mitsubishi Heavy Industries (MHI) have joined forces to deploy MHI’s leading CO2 capture technology as part of ExxonMobil’s end-to-end carbon capture and storage (CCS) solution for industrial customers.
Supermajor ExxonMobil (NYSE:XOM) has lent its backing to a new decarbonisation cluster proposed on England’s south coast, which could see up to 3 million tonnes of CO2 stored per year.