Exxon Mobil goes on trial for allegedly defrauding investors about climate change risk

Oct 22, 2019
The gas and oil giant used two sets of books, the New York attorney general's office alleges.
The oil and gas giant is on trial for committing fraud over climate change risk. Above, an Exxon gas station in Burbank, California.
David McNew/Getty Images

Exxon Mobil slides out of S&P 500 top 10

Sep 3, 2019
Four decades ago, energy companies made up 25% of the S&P 500 index. Now it’s 4%.
An Exxon gas station in Burbank, California.
David McNew/Getty Images

A turnaround for oil companies?

Feb 1, 2019
Some investors are optimistic that Big Oil has been able to ride out the plummeting prices of late last year.

U.S. oil companies take cautious approach despite higher prices and demand

Apr 27, 2018
With the U.S.-based oil giants Chevron Corp. and Exxon Mobil Corp. scheduled to release their first quarter 2018 earnings Friday morning, we look at the state of the oil industry. Companies are reaping the benefits from higher oil prices and demand. But…

Higher oil prices and higher output give U.S. more clout

Jan 31, 2018
Prices for West Texas crude oil are hovering around $65 a barrel. That’s more than twice the price at this time just two years ago. Oil companies, including major players like Exxon Mobil and Chevron, have let investors know they’re increasing…

How the Rockefellers came to be at odds with Big Oil

Jan 12, 2018
Earlier this week, New York City Mayor Bill de Blasio announced that New York City would divest its pension funds from fossil fuels and that the city would sue the big five oil companies. The reason? To collect damages for…

Now that Tillerson works for the American people, will his skill set transfer?

Apr 11, 2017
The new secretary of state and administration are finding out 'how hard the world is to bend to your will,' writer says.
Rex Tillerson worked for decades at Exxon Mobil, including as CEO, before becoming secretary of state in the Trump's administration.
Joe Raedle/Getty Images

You’ve got questions. We help you answer them.

Support nonprofit, independent journalism that makes you smarter.

The argument for implementing a carbon tax

Dec 15, 2016
The world is embracing sustainability, says one Marketplace contributor.
Volker Hartmann/Getty Images

ExxonMobil's profits fall further

Jul 29, 2016
The company's petrochemicals business helped keep it in the black as oil prices stayed low.
Chairman and CEO of US oil and gas corporation ExxonMobil, Rex Tillerson, speaks during the 2015 Oil and Money conference in central London on October 7, 2015.
BEN STANSALL/AFP/Getty Images

Investors want Exxon to account for climate change

May 24, 2016
ExxonMobil faces a shareholder resolution at its annual meeting
Oil covers a local resident's boot at Refugio State Beach in Goleta, California, May 19, 2015. 
ROBYN BECK/AFP/Getty Images