Exxon aims to become a leading lithium supplier for EVs by 2030
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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Nominal fine for ExxonMobil pension fund shows climate regulators aren’t yet serious
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 in talks with Tesla, Ford, VW on supplying lithium
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 says reaching net zero global emissions by 2050 ‘highly unlikely’
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 faces investor demand for more disclosure of climate risks
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.
Exxon sued by US after five nooses found at Louisiana plant
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 broke rules with late reporting of Permian methane leak
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.
ExxonMobil: Oil giant knew about climate change in 1970s as it sowed doubt
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 and Japan’s Mitsubishi Heavy Industries form CCS alliance
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.
ExxonMobil backs launch of Solent decarbonisation cluster
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.