ExxonMobil News Updates

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ExxonMobil fuel news covers developments in fuel production, distribution and innovations from ExxonMobil that impact the trucking and logistics industry. This category highlights pricing trends, renewable fuel initiatives, technological advancements and regulatory updates affecting commercial transportation. Reporting provides insights for fleet operators, logistics professionals and industry stakeholders seeking to understand how ExxonMobil’s products and strategies influence fuel availability, efficiency and sustainability across the trucking sector.

BusinessFuel

Exxon Announces New Emissions Targets After Investor Criticism

Exxon Mobil Corp. announced several new emissions targets and said it would begin publishing pollution information related to customers’ use of its products for the first time, just days after activist investors criticized the oil giant for its environmental record.

December 14, 2020
BusinessFuel

Chevron Overtakes Exxon Mobil as America’s Largest Oil Company

Chevron Corp. overtook Exxon Mobil Corp. as the largest oil company in America by market value, the first time the Texas-based giant has been dethroned since it began as Standard Oil more than a century ago.

October 7, 2020
BusinessTechnologyFuel

ExxonMobil to Distribute Renewable Diesel

ExxonMobil announced an agreement with Global Clean Energy Holdings to purchase 2.5 million barrels of renewable diesel per year for five years.

August 14, 2020
BusinessFuel

Exxon Says 20% of Oil, Gas Reserves Threatened by Low Prices

ExxonMobil Corp. warned that low energy prices may wipe as much as one-fifth of its oil and natural gas reserves off the books.

August 5, 2020
BusinessFuel

Exxon Profits Drop as Most of World Stays 91ÊÓÆµ

NEW YORK — Profits fell at ExxonMobil as the global pandemic began to erode oil demand.

May 1, 2020
GovernmentBusinessTechnologySafetyFuel

Exxon Outlines Steps to Reduce Harmful Methane Emissions

NEW YORK — ExxonMobil on March 3 outlined how it is reducing the methane its operations release into the atmosphere, detailing its efforts as governments around the globe write new rules to regulate the harmful greenhouse gas.

March 3, 2020
BusinessFuel

Exxon Mobil Prevails in Lawsuit Over Climate Regulations

NEW YORK — Exxon Mobil won Dec. 10 in a closely watched lawsuit over the costs of climate change, with a judge saying there was no proof the energy giant duped investors about the toll that regulations could take on its business.

December 11, 2019
BusinessFuel

Exxon Profit Plummets With Plenty of Oil to Go Around

IRVING, Texas — Exxon Mobil’s profit tumbled with crude prices down about 15% from where they were last year, though a $300 million boost from a tax-related item helped.

November 1, 2019
GovernmentBusinessFuel

Exxon Is Discouraging Witnesses in Climate Suit, N.Y. Says

New York accused Exxon Mobil Corp. of trying to discourage potential witnesses in a state lawsuit alleging the oil and gas company misled investors about the financial impact of climate change.

August 8, 2019
GovernmentBusinessSafetyFuel

Amazon, ExxonMobil Among Corporations Called Out Over Climate Transparency

Amazon.com, Exxon Mobil Corp. and Volvo are among more than 700 companies being targeted in a campaign backed by a large group of investors advocating for greater transparency when it comes to environmental impact.

June 17, 2019

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