Home / Tag Archives: ExxonMobil (page 2)

Tag Archives: ExxonMobil

NY comptroller seeks ExxonMobil analysis of Paris climate accord

ALBANY, N.Y. — New York’s comptroller and other investors have asked ExxonMobil to advise them about the resilience of the oil company’s business model following the recent Paris climate agreement by nearly 200 countries to slow global warming. Comptroller Thomas DiNapoli, trustee of New York’s $184.5 billion pension fund for public workers, is joining with the Church of England’s investment ...

Read More »

Exxon deficiencies found in California refinery blast

Report on 2015 California refinery blast to be unveiled

REDONDO BEACH, Calif. — An explosion at an ExxonMobil oil refinery in California last year could have been prevented if managers had taken into account aging safety equipment and shut down a key, spark-generating part of the refinery before attempting repairs elsewhere, federal investigators said Wednesday. The unit being repaired had operated for five years without a maintenance overhaul and, ...

Read More »

Exxon case revives the debate over corporate climate disclosures

Oil and gas refinery operates amidst a global shift away from fossil fuels in an effort to fight climate change and global warming

Public corporations are supposed to warn investors about the risk to their businesses from climate change, but the tone and wording of those disclosures vary widely among big U.S. manufacturing, automotive and energy companies, according to company documents, and legal and corporate governance experts. Pressure on companies to inform investors about risks associated with climate change was intensifying even before ...

Read More »

Walker’s campaign promise of transparency sets up clash with industry, Legislature on pipeline project

JUNEAU — Alaska’s big oil producers and the state Legislature are objecting to new rules requested by Gov. Bill Walker aimed at opening the state’s natural gas pipeline project to more public scrutiny. Alaska is working on the proposed $55 billion project with oil producers ExxonMobil, ConocoPhillips and BP, as well as pipeline company TransCanada. Legislation passed by the Republican-led ...

Read More »