Tag: EXXON

Opinion: Memo to company directors: Deliver for shareholders or face consequences

At Exxon Mobil’s XOM, +0.16% annual shareholders’ meeting in May, shareholders voted to replace three board members with the nominees from activist hedge-fund Engine No....

Dutch court orders Shell to deepen carbon cuts in landmark ruling

A Dutch court on Wednesday ordered Royal Dutch Shell to significantly deepen planned greenhouse gas emission cuts, in a landmark ruling that could pave the...

Exxon raises $9.5 billion to load up on cash while debt market still open to new deals

NEW YORK (Reuters) – Exxon Mobil Corp (XOM.N) on Monday raised $9.5 billion in new debt, with the largest U.S. oil producer seeking to bolster...

Last but not least: Exxon chops spending by 30%

HOUSTON (Reuters) – Exxon Mobil Corp (XOM.N) on Tuesday throttled back a multi-year investment spree in shale, LNG and deep water oil production and will...

Exxon plays on virus worries in Baytown contract talks: union official

HOUSTON (Reuters) – A union official accused Exxon Mobil Corp on Friday of using “scare” tactics and exploiting economic uncertainty caused by the coronavirus pandemic...