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Keyword: exxonmobil

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  • Flashback: Will This Man Take Down Donald Trump? (Schneiderman article from 2/2017)

    05/07/2018 8:03:59 PM PDT · by FreedomPoster · 32 replies
    Politico ^ | February 03, 2017 | DAVID FREEDLANDER
    “I like you. You and me, we’re going to be best friends.” It is early January, and Eric Schneiderman is sitting in his 25th-floor office above Lower Manhattan, doing his best Donald Trump impression, puckering his lips into a duck face, scrunching up his nose and lowering his voice into something that resembles the president’s outer-borough growl. Schneiderman is recalling his meeting with Trump in 2010. Back then, Schneiderman was running for attorney general of New York, and Trump was still in his pre-birther, reality TV host phase. Trump had donated money to one of Schneiderman’s opponents in the Democratic...
  • Tectonic shift rumbling across southeast NM’s oil patch

    04/19/2018 11:39:00 AM PDT · by CedarDave · 5 replies
    The Albuquerque Journal ^ | April 16, 2018 | Kevin Robinson-Avila
    Hundreds of small, independent producers might soon be swallowed up by today’s unprecedented oil and gas boom in southeastern New Mexico. As industry titans like ExxonMobil and Concho Resources pump billions of dollars into previously untapped sections of New Mexico’s century-old oil patch, the state’s small- and medium-sized producers are struggling on the margins to keep running aging wells based on outdated technology. Those companies, which have flourished for decades in New Mexico’s side of the Permian Basin, don’t have the resources to invest in the modern drilling technology needed to dig into the oil-rich, hard shale-rock formations where the...
  • Climate Lawyers Hope 'Public Nuisance' Strategy Reverses Years Of Failure

    02/12/2018 11:31:32 AM PST · by Oldeconomybuyer · 21 replies
    Forbes ^ | February 12, 2018 | by Daniel Fisher
    First they tried suing the utility companies. Then they tried suing the automakers. They even tried suing oil companies on behalf of an Alaskan village in danger of being inundated by oil-fueled rising sea levels. Each approach ended when courts said that the judiciary branch wasn’t the right place to address human-induced global warming, a problem so big it requires a coordinated international response that only legislators can implement. Now private plaintiff lawyers and their allies in government are trying a new strategy: Suing under state-law theories of public nuisance. San Francisco and several other California cities and counties have...
  • Venezuelan Strongman Wants to Seize 2/3 of Neighboring Guyana

    08/08/2015 4:17:24 PM PDT · by GoneSalt · 49 replies
    The New American ^ | 8/7/2015 | Alex Newman
    Apparently all of that “anti-imperialist” rhetoric from Caracas was just a farce for public consumption. As Venezuela’s economy implodes amid skyrocketing inflation and crippling shortages of practically everything, Socialist strongman Nicolás Maduro (shown) has a new plan to prop up his imploding regime: annex two thirds of neighboring Guyana’s territory and almost one third of its population. The area eyed by Maduro’s autocracy is especially noteworthy now that potentially lucrative oil deposits have been discovered offshore. Unsurprisingly, a powerful alliance of the region’s socialist strongmen and their allies has sided with the regime in Venezuela. Talk of war is escalating....
  • Capitalism with a Stalinist faces

    11/17/2003 7:26:00 PM PST · by pkpjamestown · 9 replies · 219+ views
    Jerusalem Post ^ | 11-14-03 | DOUGLAS DAVIS
    When the compact figure of Vladimir Putin strode onto the world stage after his success in the 2000 presidential elections, a tremor of anxiety passed through the collective body of Western leaders. Gone was the boozy, bumbling, free-wheeling Boris Yeltsin, clown-prince of post-Soviet Russia who had unaccountably found himself in the box seat at the historic moment when his country was rolling up the Communist empire. The new leader of the new Russia was his polar opposite. A former KGB colonel, Putin was the identikit Soviet-style apparatchik: hard-eyed, unsmiling, tightly disciplined. And he had a black-belt in judo to prove...
  • Exxon Mobil signs on to Republican-led carbon tax proposal

    06/20/2017 9:54:17 PM PDT · by Timpanagos1 · 35 replies
    Houston Chronicle ^ | 6/20/17 | James Osborne
    WASHINGTON - Exxon Mobil Corp. and other large oil companies are backing a carbon tax proposal put forward earlier this year by a group of former Republican leaders including James A. Baker III, the former secretary of state and a Houston attorney. The Climate Leadership Coalition, a group that includes Baker, former Treasury Secretary Hank Paulson, and former Secretary of State George Shultz, announced a list of "founding members" Tuesday that includes Exxon Mobil, BP, Shell, Total, General Motors and Johnson & Johnson. "We support @TheCLCouncil as a founding member and are working to support its policy development process," Exxon...
  • John McCain: Exxon Is 'Crazy' to Want to Drill for Oil in Russia

    04/20/2017 5:59:46 AM PDT · by Trump20162020 · 33 replies
    Time ^ | Apr 19, 2017 | Aric Jenkins
    Sen. John McCain (R-Ariz.) suggested Exxon Mobil is "crazy" in response to a report that the oil giant is seeking a waiver to resume projects in Russia. "Are they crazy?" McCain tweeted Wednesday with a link to the Wall Street Journal's report.
  • Liberals Are So Desperate To Take Down Trump They’re Paying Thousands For Fake Docs

    03/16/2017 11:35:59 AM PDT · by kevcol · 16 replies
    Daily Caller News Foundation ^ | March 16, 2017 | Rachel Stoltzfoos
    A liberal activist desperate to take down President Donald Trump paid thousands of dollars for what turned out to be forged documents, revealing a willingness among Trump’s critics to believe almost anything that might hurt his presidency. The Israeli flew to Rome in January to meet with an Italian businessman who promised him a set of potentially explosive documents on Trump in exchange for $9,000 in cash, reports Buzzfeed News. The documents appeared to prove ExxonMobil had secretly bribed the president to nominate Rex Tillerson as his secretary of state, and the man eagerly passed them on to Democrat operatives...
  • Exxon shifted on climate change under Trump pick

    12/16/2016 9:22:35 AM PST · by ColdOne · 40 replies
    thehill.com ^ | 12/16/16 | Timothy Cama
    Rex Tillerson oversaw a major shift on climate change as chairman and CEO of Exxon Mobil Corp. as the nation’s largest oil company accepted the scientific consensus that humans are contributing to a warming planet. Tillerson, whom President-elect Donald Trump this week tapped to be his secretary of State, took charge as Exxon Mobil's top executive in 2006. ADVERTISEMENT Just a year later, Exxon shifted from its public position of doubting climate change to declaring that there is “no question” that human activity was the source of carbon dioxide emissions contributing to the phenomenon.
  • Exxon Mobil profit drops 38 percent but beats estimates

    10/29/2016 8:59:54 PM PDT · by Olog-hai · 1 replies
    Reuters ^ | Fri Oct 28, 2016 | 5:43pm EDT | Ernest Scheyder
    Exxon Mobil Corp, the world’s largest publicly traded oil company, on Friday reported a 38 percent drop in quarterly profit that still beat Wall Street’s expectations as cost cuts partly offset declining crude oil prices. Shares of Exxon were down 1.9 percent at $85.30 in afternoon trading. The company reported third-quarter net income of $2.65 billion, or 63 cents per share, compared with $4.24 billion, or $1.01 per share, a year earlier. Analysts on average expected a profit of 58 cents per share, according to Thomson Reuters I/B/E/S. …
  • GlobalWarming Skeptic Receives Subpoena From Mass. AG & Sends Back Unsparing Three-Word Response

    06/16/2016 12:27:27 PM PDT · by GraceG · 26 replies
    The Blaze ^ | Dave Urbanski
    So you’re a global warming skeptic, author, philosopher and think tank creator who champions the use of fossil fuels. Then you get subpoenaed by the Massachusetts attorney general over your think-tank’s supposed ties to ExxonMobil — the claim being that the oil giant allegedly attempted to cover up global warming science. And how did Alex Epstein, author of “The Moral Case for Fossil Fuels,” respond to Maura Healey’s subpoena on Wednesday? " F---- Off, Fascist"
  • Massachusetts AG Investigating Conservative Groups With Ties to ExxonMobil

    06/15/2016 2:15:49 PM PDT · by milton23 · 22 replies
    The Daily Signal ^ | 6/15/2016 | Michael Bastasch
    Massachusetts Attorney General Maura Healey is now the latest state prosecutor to start investigating conservative groups with supposed ties to ExxonMobil, after she issued a subpoena for 40 years of internal company documents and communications with a handful of think tanks. Healey’s office subpoenaed Exxon as part of a multi-state effort among liberal attorneys general to investigate Exxon for allegedly trying to cover up global warming science. Healey charges that the oil giant lied to shareholders and consumers about the risks of global warming in its communications and shareholder filings, according to a copy of the subpoena obtained by The...
  • Dem Congressmen: First Amendment Doesn’t Protect Global Warming Skeptics

    06/14/2016 4:14:14 AM PDT · by simpson96 · 41 replies
    Daily Caller ^ | 6/13/2016 | Michael Bastasch
    California congressmen wrote a letter to state attorney general Kamala Harris claiming the freedom of speech “is not designed to protect fraud and deceit” of the likes being spread by oil company ExxonMobil about global warming.Nineteen Democratic lawmakers told Harris her “investigation as to whether ExxonMobil lied about the truth of climate change and misled investors does not constitute an effort to silence speech or scientific research.“The First Amendment protects freedom of speech, but it does not protect companies from defrauding the American people or improperly disclosing information to their shareholders,” lawmakers, including California Reps. Maxine Waters and Ted Lieu,...
  • It Begins: Attorney General Targets 90 Conservative Groups In Climate Change Racketeering Suit

    05/09/2016 4:51:05 AM PDT · by Texas Fossil · 62 replies
    Technocracy News ^ | May 4, 2016 | Lachlan Markay
    The attorney general of the U.S. Virgin Islands is targeting dozens of conservative and libertarian organizations in a racketeering lawsuit against climate change skeptics that has been widely described as an effort to silence political opponents. In a subpoena issued in March, the office of USVI attorney general Claude Walker demanded from Exxon Mobil copies of communications between the oil company and 90 different political and policy organizations “and any other organizations engaged in research or advocacy concerning Climate Change or policies.” The subpoena was part of a national, coordinated legal campaign by state attorneys general and left-wing advocacy groups...
  • Exxon's 1Q profit plunges 63 percent on lower oil prices

    05/03/2016 7:34:31 AM PDT · by Lorianne · 43 replies
    AP ^ | 29 April 2016 | David Koenig
    <p>DALLAS (AP) -- Exxon Mobil produced its weakest quarter in more than 16 years as lower oil prices pushed its profit down by 63 percent.</p> <p>Revenue tumbled 28 percent, and the oil giant lost money in its vaunted exploration and production business despite a 2 percent increase in production. It made more money, however, in chemicals.</p>
  • The Climate Police Escalate

    05/01/2016 8:00:08 AM PDT · by MtnClimber · 15 replies
    Wall Street Journal via Google link ^ | 29 Apr, 2016 | Editorial Board
    Sometimes we wonder if we’re still living in the land of the free. Witness the subpoena from Claude Walker, attorney general of the U.S. Virgin Islands, demanding that the Competitive Enterprise Institute cough up a decade of emails and policy work, as well as a list of private donors. Mr. Walker is frustrated that the free-market think tank won’t join the modern church of climatology, so he has joined the rapidly expanding club of Democratic politicians and prosecutors harassing dissenters. New York Attorney General Eric Schneiderman started the assault last autumn with a subpoena barrage on Exxon Mobil. His demand...
  • For The First Time Since The Great Depression, Exxon Mobil Loses 'AAA' Rating

    04/26/2016 10:10:18 AM PDT · by Nachum · 13 replies
    zero hedge ^ | 4/26/16 | tyler durden
    Exxon Mobil has been rate AAA by S&P since 1930 according to Bloomberg. Today that ended as the global crude explorer with sales that dwarf the economies of most nations was cut to AA+ (Outlook stable). Having been put on notice in February (negative watch), citing concern that credit measures would remain weak through 2018. Credit measures will be weak for a AAA rating due, in part, to low commodity prices, high reinvestment requirements and large dividend payments, S&P says. Maintaining production and replacing reserves will eventually require higher spending, S&P says. Greatest business challenge is replacing co.’s ongoing production, S&P says....
  • Coalition of climate hysterics meet to take down ExxonMobile by 'creating' scandals

    04/15/2016 8:03:48 AM PDT · by rktman · 17 replies
    americanthinker.com ^ | 4/15/2016 | Rick Moran
    The Washington Free Beacon has obtained the agenda from a January 9 meeting of prominent climate change groups and the Rockefeller Foundation, whose purpose was to discuss ways to destroy ExxonMobil through legal action, divestment efforts, and political pressure.
  • Lockdown at ExxonMobil Refinery in Baytown after Security Breach

    04/09/2016 11:42:49 AM PDT · by pax_et_bonum · 25 replies
    ABC News ^ | April 9, 2016
    A lockdown is in effect at the ExxonMobile refinery in Baytown after a security breach. Company officials say around 7:30am, a person went inside the plant without permission. "We take matters of this nature very seriously and are working closely with Baytown Police Department," says Todd Spitler, spokesman for Exxon Mobil.
  • Huge Fire Erupts at ExxonMobil Refinery Near Houston

    04/08/2016 3:42:52 PM PDT · by bananaman22 · 58 replies
    Oilprice.com ^ | Oh Lord It's A Fire
    An enormous fire erupted an ExxonMobil refinery in Texas on Thursday. The Baytown refinery caught fire, leading to huge black plumes of smoke into the air, visible from downtown Houston. Almost as soon as the fire in the ExxonMobil refinery was extinguished, we got reports of a fire in a refinery belonging to LyondellBasell Industries. CNBC reported that the fire occured in the coker unit of the refinery that can process over 263.000 barrels per day.