Schumer and other Senate Democrats call for a federal probe of huge oil deals by Exxon and Chevron
Senate Majority Leader Chuck Schumer and other Democratic senators are urging federal regulators to investigate multibillion-dollar acquisitions by oil giants ExxonMobil and Chevron, saying the deals could lead to higher prices at the gas pump.
ExxonMobil loses bid to truck millions of gallons of crude oil through central California
ExxonMobil has lost a court bid to truck millions of gallons of crude oil through central California โ a crucial part of its efforts to restart offshore oil wells that were shut in 2015 after a pipeline leak caused the worst coastal spill in 25 years.
ExxonMobil: Pipeline, ship or both for exporting Cyprus gas
The chief of ExxonMobilโs Cyprus arm says natural gas will remain an important energy source through 2050 and quantities of the hydrocarbon found off the east Mediterranean island nation could reach markets through a pipeline or by liquefying it for transport by ship.
Democratic chair issues subpoenas to oil executives
The chairwoman of the House Oversight Committee has issued subpoenas to top executives of ExxonMobil, Chevron and other oil giants, charging that the companies have not turned over documents needed by the committee to investigate allegations that the oil industry concealed evidence about the dangers of global warming.
Oil giants deny spreading disinformation on climate change
Top executives of ExxonMobil and other oil giants have denied spreading disinformation about climate change while sparring with congressional Democrats over allegations that the industry concealed evidence about the dangers of global warming.