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ExxonMobil

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

by Andy Uhler
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 production, specifically in Texas’ Permian Basin, where output has tripled in the past three years. […]
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How the Rockefellers came to be at odds with Big Oil

by Kai Ryssdal and Sean McHenry
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 the cost of coping with the effects of climate change on city infrastructure. The irony […]
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Now that Tillerson works for the American people, will his skill set transfer?

by Kai Ryssdal and Robert Garrova
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
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The argument for implementing a carbon tax

by David Brancaccio
Dec 15, 2016
The world is embracing sustainability, says one Marketplace contributor.
Volker Hartmann/Getty Images
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ExxonMobil's profits fall further

by Jed Kim
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
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Investors want Exxon to account for climate change

by Jed Kim
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
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Oil companies are pressed to address climate change

by Ashley Milne-Tyte
May 12, 2016
A study says investors care more about climate change than corporate managers.
An oil rig in Taft, California extracts crude.
David McNew/Getty Images
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ExxonMobil and Chevron profits slide on low oil prices

by Marketplace Staff
Apr 29, 2016
ExxonMobil saw it's lowest quarterly profits since 1999 while Chevron had a quarterly net loss of $725 million.
Oil rigs extract crude for Chevron at sunrise. The company's shares fell 0.6 percent Friday morning after reporting a quarterly net loss of $725 million.
David McNew/Getty Images
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How falling prices affect big oil companies

by Scott Tong
Oct 31, 2014
Lower prices at least make refining more profitable
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U.S. companies defend the Common Core

by Amy Scott
Sep 18, 2013
Businesses rally behind a controversial new set of math and literacy standards, which they view as crucial to preparing an educated workforce.
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