ExxonMobil | Latest News & Updates - Nov 28, 2024 Release
Kim Hogan announced a lawsuit against ExxonMobil and BlackRock on November 27, 2024...
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ExxonMobil
🌎 corporate.exxonmobil.comExxonMobil is one of the world's largest publicly traded energy providers and chemical manufacturers, committed to responsibly meeting the world's energy needs. The company focuses on pioneering new research and technologies to reduce emissions while providing energy, chemicals, lubricants, and lower-emissions technologies. With operations in most countries and exploration activities on six continents, ExxonMobil aims to achieve net-zero emissions from its operated assets by 2050.
ExxonMobil - Latest News and Updates
- Kim Hogan announced a lawsuit against ExxonMobil and BlackRock on November 27, 2024.
- Maine's attorney general filed a lawsuit against ExxonMobil and other major oil companies on November 27, alleging they concealed the role of fossil fuels in climate change for decades.
- The FBI is investigating allegations that an ExxonMobil lobbyist was involved in a hack-for-hire campaign against environmentalists.
- ExxonMobil launched its Signature Polymers brand and collaborated with Blowplast to enhance lubricant bottle durability and PCR content using Enable 4002 polymer.
- ExxonMobil partnered with Kenyan bottle manufacturer Blowplast to create a lubricant bottle with 50% post-consumer recycled content, more than doubling the previous amount.
- ExxonMobil is collaborating with Novoloop and Aether to advance plastics circularity.
- ExxonMobil, in partnership with Qatar Energy, plans to drill two new wells in Cyprus' offshore Blocks 5 and 10 early next year, as announced after a meeting with ExxonMobil Vice President John Ardill and Cyprus' President.
- ExxonMobil shares have risen 20% in 2024 due to strong financial results and cost-cutting efforts despite lower energy prices.
- ExxonMobil is moving forward with the design phase for its seventh deepwater project in the Stabroek Block, despite the Guyanese government's uncertainty over approval.
- Liam Mallon, head of ExxonMobil's upstream division, stated at the Energy Intelligence Forum that oil companies are unlikely to significantly increase production in line with President-elect Trump's 'drill, baby, drill' agenda.
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