Government, Business, Fuel

California County Rejects Exxon Plan to Truck Oil

tank truck Getty Images

SANTA MARIA, Calif. — A bid by Exxon Mobil to restart offshore oil wells shut down in 2015 after a pipeline leak caused the worst coastal spill in 25 years was rejected March 8 amid lingering environmental concerns.

March 9, 2022
Business, Fuel

Exxon Restructures Divisions, Packs Up for Houston

ExxonMobil appears above a trading post on the floor of the New York Stock Exchange ExxonMobil logo appears above a trading post on the floor of the New York Stock Exchange. (Richard Drew/Associated Press)

NEW YORK — Exxon Mobil is restructuring its business into three divisions and moving its headquarters 250 miles south from Irving, Texas, to its campus north of Houston.

January 31, 2022
Business, Safety, Fuel

Exxon Reduces Rates at Baytown Refinery After Extinguishing Fire

Exxon Baytown refinery The Baytown Exxon gas refinery in Texas. (Benjamin Lowy/Bloomberg)

ExxonMobil Corp. said it will adjust its rates following a Dec. 23 fire at its Baytown, Texas, refinery that injured four people.

December 23, 2021
Government, Business, Fuel

Exxon Pledges to Zero Out Some Permian Basin Emissions by 2030

Exxon station Andrew Harrer/Bloomberg

ExxonMobil Corp. pledged to zero out some greenhouse gas emissions in North America’s biggest oilfield by the end of the decade.

Joe Carroll | Bloomberg News
December 6, 2021
Equipment, Fuel

5 tips to recruit and retain top technician diesel talent

The growing shortage of technicians serving the trucking industry is a critical problem for fleet maintenance managers. But you can keep your fleet on the road and retain great talent with these tips from George Arrants and the ASE Foundation. Download the tip sheet here.

December 1, 2021
Business, Fuel

Profitable Exxon, Chevron Emerge as Global Economy Rebounds

Exxon sign Richard Drew/Associated Press

ExxonMobil reversed the losses it suffered last year during the pandemic with a $6.75 billion third-quarter profit as demand pushes the price for a barrel of crude past $80 for the first time in years.

Michelle Chapman | Associated Press
October 29, 2021
Government, Business, Fuel

Exxon CEO Denies Spreading Climate Change Disinformation

Exxon CEO Denies Spreading Climate Change Disinformation Darren Woods, CEO of ExxonMobil testifies via video conference during a House Committee on Oversight and Reform hearing on the role of fossil fuel companies in climate change, Thursday, Oct. 28. (Jacquelyn Martin/Associated Press)

ExxonMobil’s chief executive said Oct. 28 that his company “does not spread disinformation regarding climate change,” as he and other oil company chiefs countered congressional allegations the industry concealed evidence about the dangers of global warming.

Matthew Daly | Associated Press
October 28, 2021
Business, Technology, Fuel

Exxon’s Gulf Coast Carbon Hub Gains Support of Energy Titans

Exxon’s Gulf Coast Carbon Hub Gains Support of Energy Titans Exxon Mobil Corp. signage is displayed at a gas station in Richmond, Ky. (Luke Sharrett/Bloomberg)

An ambitious project aimed at capturing millions of tons of carbon emissions along the U.S. Gulf Coast in Texas garnered the support of some of the world’s biggest refiners and chemical manufacturers.

Kevin Crowley | Bloomberg News
September 16, 2021
Government, Business, Fuel

Exxon Taps Strategic Oil Reserve After Ida Shuts Gulf Output

refinery in Cocodrie, La. A refinery surrounded by water after Hurricane Ida near Cocodrie, La. (Mark Felix/Bloomberg)

ExxonMobil Corp. is tapping the U.S. Strategic Petroleum Reserve to revive gasoline production in Louisiana after Hurricane Ida left much of the devastated state’s refining and oil production offline.

Sheela Tobben | Bloomberg News
September 3, 2021
Business, Fuel

Exxon Posts $4.7 Billion in Q2 Profit as Fuel Demand Rebounds

Exxon station Andrew Harrer/Bloomberg

NEW YORK — ExxonMobil swung back to a profit and topped expectations on profit and revenue during the second quarter as demand for fuel recovered from lows reached earlier in the pandemic.

Cathy Bussewitz | Associated Press
July 30, 2021