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From the 1980s to mid 2000s, ExxonMobil was a leader in climate change denial, opposing regulations to curtail global warming. For example, ExxonMobil was a significant influence in preventing ratification of the Kyoto Protocol by the United States. [1] ExxonMobil funded organizations critical of the Kyoto Protocol and seeking to undermine ...
ExxonMobil has offshore oil production in Nigeria, and is the country's second largest crude oil producer. Mobil Producing Nigeria (MPN) began shallow water operations in 1955, and owns over 90 platforms and 300 producing wells covering 3,200 square kilometres (1,200 sq mi; 790,000 acres).
Exxon has set a goal of making its Permian shale operations achieve net zero emissions by 2030. ... Exxon Mobil Chairman & CEO Darren Woods speaks during the CERAWeek oil summit in Houston, Texas ...
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Exxon Valdez was an oil tanker that gained notoriety after running aground in Prince William Sound, spilling her cargo of crude oil into the sea. On 24 March 1989, while owned by the former Exxon Shipping Company, captained by Joseph Hazelwood and First Mate James Kunkel, and bound for Long Beach, California, the vessel ran aground on the Bligh Reef, resulting in the second largest oil spill ...
In 2016, a Chadian court levied a $74 billion fine on Exxon, an amount seven times the size of Chad's economy, for allegedly failing to pay royalties. The following year, Exxon settled the dispute and was able to keep its exploration permit. In 2023, the Chadian government nationalized all the assets and rights including hydrocarbon permits and ...
In September 2008, Exxon-Mobil settled the case with the state by agreeing to pay a $4 million fine, and face an additional $1 million in penalties annually if they did not work to clean up the spill. In March 2009, a jury awarded $150 million in damages to some of the area's residents.
Rex Tillerson. Rex Wayne Tillerson (born March 23, 1952) is an American energy executive who served as the 69th United States secretary of state from 2017 to 2018 in the administration of Donald Trump. [1] [2] [3] From 2006 to 2016, he was chairman and chief executive officer (CEO) of ExxonMobil .