A record of a Feb. 21 meeting revealed the White House Office of Management and Budget met with oil companies including Shell, Exxon and BP to discuss federal rules governing hydraulic fracturing, The Hill reports.
Liberal groups Oil Change International and The Other 98% have released an ad attacking Exxon, saying the company "hate[s] your children." The groups are pushing for an end to taxpayer support of fossil fuel companies, The Hill reports.
NEW YORK (AP) — A jump in Exxon Mobil's net income couldn't mask broader problems for America's largest oil company.
The Irving, Texas petroleum giant said its second-quarter net income rose 49 percent to $15.9 billion. But most of the gain came from $7.5 billion in asset sales.
Al-Monitor reports that according to As-Safir, discovery of substantial oil fields in the eastern Mediterranean has Chevron, Exxon and other major oil companies preparing to get in line and bid for rights to explore.
Montana officials said they are investigating several sites with suspected oil left over from an Exxon Mobil pipeline break last year, but recent tests showed at least one such site downstream of the spill is oil-free, The Associated Press reports.
As the polar ice cap retreats, energy companies are looking north to the Arctic Circle for a potentially huge new source of crude supply, Fortune Magazine reports.
Exxon is teaming up with Russian oil giant Rosneft to develop oil and natural gas fields in Russia and North America.
The deal is a major score for Exxon, granting the Irving, Texas company access to some of the world's richest sources of crude oil and other hydrocarbons in the Black Sea and the Russian Arctic. In turn, Rosneft subsidiaries will take ownership stakes in three Exxon projects in the U.S. and Canada.
NEW YORK (AP) — A big shift is happening in Big Oil: an American giant now ranks behind a Chinese upstart.
Exxon Mobil is no longer the world's biggest publicly traded producer of oil. For the first time, that distinction belongs to a 13-year-old Chinese company called PetroChina. The Beijing company was created by the Chinese government to secure more oil for that nation's booming economy.
Liberal watchdog group Checks and Balances Project said the State Department inspector general is investigating potential conflicts of interests in the department's environmental review of the Keystone XL pipeline, The Hill reports.
West Virginia Gov. Earl Ray Tomblin and Attorney General Patrick Morrisey joined a push to have the Supreme Court rule to overturn EPA greenhouse gas regulations, The Charleston Gazette reports.
Sen. Tim Kaine, D-Va., voiced optimism that President Obama would not veto his bill to authorize oil and gas drilling off the coast of Virginia, The Hill reports.
The National Oceanic and Atmospheric Administration said a key satellite tasked with tracking severe eastern weather failed and a spare has been activated, Reuters reports.
The new chemical safety compromise bill introduced by Sens. David Vitter, R-La., and Frank Lautenberg, D-N.J., now has 20 co-sponsors, The Hill reports.
Participants in the Energy Department's Better Buildings Challenge, designed to reduce energy consumption at buildings, saved about $58 million in energy costs last year, The Journal Sentinel reports.
In a Q&A with State House News Service, Massachusetts Senate candidates Rep. Ed Markey, D, and Gabriel Gomez, R, give their take on the Senate battle to confirm EPA nominee Gina McCarthy.
In an interview with GreenBiz.com, Massachusetts Gov. Deval Patrick discusses his vision for his state's energy policy, including his plans for offshore wind generation.
New York Gov. Andrew Cuomo's plan to reform the Long Island Power Authority over flaws exposed by Hurricane Sandy is unpopular among municipal bond investors, Bloomberg reports.
