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17 May 2024, 7:47 am by silverman_admin
Exxon Mobil Vows To Fight Despite the evidence and a jury verdict against the company, ExxonMobil vowed to fight the decision. [read post]
15 May 2024, 7:15 am by Zak Gowen
The FTC approved Exxon Mobil’s $64 billion purchase of Dallas-based Pioneer, but the agency barred Sheffield from Exxon’s board over allegations that he tried to collude with OPEC to reduce output of oil and gas in order to boost his company’s profits. [read post]
13 May 2024, 6:45 am by Rebecca Tushnet
Exxon Mobil Corp., 2024 WL 2091994, No. 21-CV-4807 (VEC) (S.D.N.Y. [read post]
10 May 2024, 3:26 pm by Howard Bashman
“Philadelphia jury awards former mechanic $725.5M in Exxon Mobil case; The jurors linked Paul Gill’s cancer to benzene exposure during his work in the 1970s as an auto mechanic and service station attendant”: Frank Kummer and Ryan W. [read post]
29 Apr 2024, 11:07 am by Yosi Yahoudai
Exxon Mobil Corp. and Chevron Corp., which reported earnings Friday, are both predicting their production in the Permian Basin — the U.S. region that already supplies more oil than Iraq — will increase by 10% this year. [read post]
22 Apr 2024, 10:30 pm by Liz Dunshee
It concludes: Shareholder proponents fully recognize the challenges an authentic commitment to decarbonization presents for the oil and gas sector, and are eager to work with companies like Exxon Mobil to help make the inevitable transition a smoother one for everyone involved. [read post]
11 Mar 2024, 9:01 pm by renholding
” The support statements included with the Arjuna-Follow This proposal explain that the activists want Exxon Mobil to reduce its operational GHG emissions by 50 percent on an absolute basis by 2030 and to introduce targets reducing Scope 3 emissions consistent with limiting global warming to 1.5 degrees Celsius. [read post]
27 Feb 2024, 6:30 am
This conflict, epitomised by the recent legal battle between Exxon Mobil and its shareholders, is an acute example of the evolving complexities for corporate-governance professionals. [read post]
27 Feb 2024, 6:30 am
This conflict, epitomised by the recent legal battle between Exxon Mobil and its shareholders, is an acute example of the evolving complexities for corporate-governance professionals. [read post]
5 Feb 2024, 2:00 pm by Leslie Eastman
Exxon Mobil keeps lawsuit against eco-activists going, Bank of America back-tracking on green investment policies, and automakers putting brakes on race into EV production. [read post]
5 Feb 2024, 6:32 am
On January 21, Exxon Mobil Corporation initiated litigation against two activist investors, asking a Texas federal court to declare that Exxon may properly exclude the activists’ climate-related shareholder proposal from the company’s 2024 proxy statement. [read post]
5 Feb 2024, 6:32 am
On January 21, Exxon Mobil Corporation initiated litigation against two activist investors, asking a Texas federal court to declare that Exxon may properly exclude the activists’ climate-related shareholder proposal from the company’s 2024 proxy statement. [read post]
23 Jan 2024, 9:06 am by Unknown
SEC staff have previously denied no-action requests seeking to exclude similar proposals (Exxon Mobil Corporation v. [read post]
22 Jan 2024, 12:10 pm by Steve Bainbridge
Their goal, it alleged, is “to force Exxon Mobil to change the nature of its ordinary business or to go out of business entirely. [read post]
19 Jan 2024, 6:31 am
The energy sector saw the two largest deals of the year: Chevron’s $53 billion agreement to acquire Hess and Exxon Mobil’s $59 billion agreement to acquire Pioneer Natural Resources, both announced in the fourth quarter. [read post]
19 Jan 2024, 6:31 am
The energy sector saw the two largest deals of the year: Chevron’s $53 billion agreement to acquire Hess and Exxon Mobil’s $59 billion agreement to acquire Pioneer Natural Resources, both announced in the fourth quarter. [read post]