Russia’s military intervention in Ukraine threatens to derail energy exploration in a region that holds a quarter of the world’s natural gas reserves, weigh on currencies from the Baltic to the Mediterranean, and force American, western European and Russian companies to work to contain the damage.
A dozen U.S. governors are pushing for states, not the federal government, to lead regulation of oil and gas drilling. They argue they know their territories best, even as environmentalists question whether they’re doing enough -- or doing the industry’s bidding.
Exxon Mobil Corp. will extend benefits to same-sex spouses of U.S. employees after federal government agencies altered the definition of marriage, marking the conversion of one of the last major corporate holdouts on the issue.
Activist Bill McKibben, who helped turn an obscure oil pipeline project into a high-profile political fight, has a new target for his effort to curb global warming: energy companies such as Exxon Mobil Corp.
Koch Industries Inc. and Exxon Mobil Corp. are among companies that would benefit from almost identical energy legislation introduced in state capitals from Oregon to New Mexico to New Hampshire -- and that’s by design.
International oil producers are girding for carbon emission costs that may surge to almost 10 times the current prices in Europe, the world’s largest greenhouse gas market, as governments around the world step up efforts to curb climate change.
A convertible debt deal struck during the 2008 financial crisis led by billionaire Sheikh Mansour bin Zayed Al Nahyan of Abu Dhabi is set to trigger a contest for a slice of a $19 billion natural gas project.
Exxon Mobil Corp. , Chevron Corp. , ConocoPhillips and Royal Dutch Shell Plc plan to build and deploy a $1 billion rapid-response system to capture and contain oil in the event of a future underwater well blowout.
Exxon Mobil Corp. , the world’s largest oil company, said its plan to drill a deep-water oil well in the Gulf of Mexico called Hadrian has been delayed by a U.S. moratorium on offshore drilling permits.