ExxonMobil

Exxon, a Longtime Biofuel Holdout, Makes a $600 Million Algae Fuel Investment

Ariel Schwartz — Tue, 14 Jul 2009 05:27:22 -0400

Exxon has long denied plans to move into the biofuel market, but the oil company announced a plan today to invest $600 million in the production of biofuel from algae. As part of the plan, Exxon will partner with Synethetic Genomics, a biotechnology outfit, to develop the fuel.

Exxon's Brazen Greenwashing, on the Front Page of The New York Times

Cliff Kuang — Fri, 19 Jun 2009 11:16:23 -0400

Yesterday, on the bottom of it's front page, The New York Times ran the ad you see above, from ExxonMobil, which touts the idea that car emissions have fallen by 95% since 1970. Which sounds great! There's nothing at all to worry about with global warming! We're already doing such an amazing job!

Nuns Pressure Chevron to Track Carbon Emissions

Ariel Schwartz — Wed, 27 May 2009 16:47:56 -0400

Oil companies aren't usually known for their environmental awareness, but Chevron became the largest company--and the only major U.S. oil company--to track its carbon emissions yesterday. The declaration came partially as a result of pressure from a group of eco-conscious nuns who also happen to be investors in the company.

China's New Oil Supplier

Richard Behar — Sun, 01 Jun 2008 13:00:00 -0400

When my plane smacks down in Equatorial Guinea -- where if the captain misses the runway, you could end up in Cameroon -- I become the first American journalist to visit this pint-sized republic (population: 550,000) in nearly three years. That was when Equatoguinean officials forced two American reporters to leave after they'd spent just a few days in Malabo, the capital, asking questions. One of them, Peter Maass, was booted for "spying" simply for walking down a street chatting with a European ambassador.