Cities across the U.S. as well as countries are suing oil companies for misleading investors for years on the risks posed by climate change on their businesses. The state of New York has sued Exxon Mobil Corp alleging that it… Read More ›
Exxon
Exxon likely to expand its crude oil processing refinery in Beaumont, Texas
Given the U.S Administration’s leaning on fossil fuel Exxon it would not be surprising if Exxon were to go ahead with this capacity expansion. A spokeswoman for ExxonMobil Corp has stated the oil giant is weighing its options whether to… Read More ›
Exxon fined $19.95 million for Texas refinery pollution
Exxon is mulling its legal options. U.S. District Court Judge David Hittner has ruled that ExxonMobil Corp will have to pay $19.95 million as a penalty for pollution released from its Baytown, Texas, refining and chemical plant complexes between 2005… Read More ›
Exxon names Susan Avery to its board of directors
An environmentalist, Susan Avera is the former head of the Woods Hole Oceanographic Institution who is also a former professor at the University of Colorado, Boulder. In a significant development that potentially bodes well for the environment, the world’s largest… Read More ›
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