Exxon Mobil

5 companies to pay for Newtown Creek cleanup

Queens Crap (Free subscription) | 2 hours ago

From the Daily News : Five polluters are on the hook for a proposed Superfund cleanup of Newtown Creek, federal officials said. The corporations - oil companies Exxon Mobil, Chevron and BP; gas company National Grid, and mining company Phelps Dodge - are working on a deal to pay for the investigation phase of the cleanup. The group had been in talks with the state since Attorney General Andrew Cuomo...

As if thought up at Sterling-Cooper

Rising Hegemon (Free subscription) | yesterday

Found at the Great Orange Satan , this 1962 advertisement from Humble Oil (which through various mergers ended up being part of Exxon-Mobil -- so truth in advertising is certainly here in spades). Mission Accomplished and all that.

Texas high court to rehear allegations of trashed wells

Houston Chronicle (Free subscription) | yesterday

The Texas Supreme Court on Friday said it will again hear arguments in the nearly 15-year legal battle over accusations that Exxon Mobil Corp. loaded abandoned wells with junk, sludge and even explosives to keep other companies from drilling there.

Flashback to Irony

Daily Kos (Free subscription) | yesterday

Via Grist , the caption reads "EACH DAY HUMBLE SUPPLIES ENOUGH ENERGY TO MELT 7 MILLION TONS OF GLACIER!" Reportedly from a 1962 edition of Life Magazine -- no way to tell for sure without an original copy of that edition. Humble Oil merged with Standard Oil which underwent various name and organizational changes, to eventually become Exxon-Mobil , the world's largest energy company and...

Texas high court to rehear Exxon sabotage case

Boston Herald (Free subscription) | 20/11/2009

DALLAS - The Texas Supreme Court will again hear arguments in a 15-year legal battle over accusations that Exxon Mobil sabotaged abandoned wells to prevent others from using...

• Texas high court agrees to rehear Exxon case - Seattle Times
• Texas high court agrees to rehear Exxon case - Seattle Post-Intelligencer
• See the 5 articles on the same subject

Senate May Seek Greater U.S. Carbon Cuts Than House (Update3)

Bellwether Green Supply Chain (Free subscription) | 20/11/2009

The following blog post is from Bloomberg.com and is subject to change.. A Senate measure to slow global warming calls on U.S. power plants, factories and refineries to reduce greenhouse-gas emissions by 20 percent through 2020, a deeper cut than approved by the House, according to a draft. The target is part of legislation prepared by the Senate Environment and Public Works Committee staff for release...

Five companies clean up Newtown Creek

NY Daily News (Free subscription) | 20/11/2009

Five corporations - oil companies Exxon Mobil, Chevron and BP; gas company National Grid, and mining company Phelps Dodge - are working on a deal to pay for the investigation phase of the proposed cleanup of Newtown Creek.

Epic Union Fail

The West Virginia Rebel's Blog (Free subscription) | 19/11/2009

The unions are all about what's best for their members-except when those things work too well : The Boston Teachers Union staunchly opposes a performance bonus plan for top teachers - launched at the John D. O’Bryant School in 2008 and funded by the Bill and Melinda Gates and Exxon Mobil foundations - insisting the dough be divvied up among all of a school’s teachers, good and bad. “It’s...

Is Berkshire Hathway's Stock Portfolio At Risk Of Becoming An Index Fund?

GuruFocus Updates (Free subscription) | 19/11/2009

By Jacob Wolinsky. With so much attention being paid to Buffett's recent acquisition of BNI (myself included), little has been written about his other recent transactions. In the third quarter of 2009, Buffett added two new positions from the Dow Jones Industrial Average, or DJIA, to Berkshire Hathaway's portfolio: Exxon Mobil and Travelers. In addition, he also doubled Berkshire's stake in Walmart....

Brazil's Petrobras is second most profitable company in America

People Daily (Free subscription) | 19/11/2009

Brazil's state-owned oil and gas giant Petrobras, the largest company in the country, ranked second in a list of the 25 most profitable companies in the American continent, the consulting company Economatica said Wednesday. Last week, Petrobras announced a 4.1 billion U.S. dollars net profit in the third quarter of 2009. The amount is only below the profit registered by U.S. oil company Exxon Mobil...

Union blocks teacher bonuses

DYSPEPSIA GENERATION (Free subscription) | 18/11/2009

Read it. The Boston Teachers Union staunchly opposes a performance bonus plan for top teachers – launched at the John D. O’Bryant School in 2008 and funded by the Bill and Melinda Gates and Exxon Mobil foundations – insisting the dough be divvied up among all of a school’s teachers, good and bad. Look for…the union label….

A bit of advertising irony

NewsWatch: Energy (Free subscription) | 18/11/2009

The folks at Grist pointed out this 1960s ad from Humble Oil, now part of Exxon Mobil. Even if Exxon was still headed by Lee Raymond and he was vociferously denying man-made-climate change, I don't think this ad would fly...

You Keep Using That Word Incentive. I Do Not Think It Means What You Think It Means

The Agitator (Free subscription) | 18/11/2009

The Boston teacher’s union is blocking an incentive bonus for exceptional teachers sponsored by the Bill and Melinda Gates and Exxon Mobil foundations unless the bonuses are distributed equally among all teachers, good, bad, and average. Last July in Reason, I wrote about Massachusetts’ latest cunning plan [...]

You Keep Using That Word Incentive . I Do Not Think It Means What You Think It Means

Reason Magazine - Hit & Run (Free subscription) | 18/11/2009

The Boston teacher's union is blocking an incentive bonus for exceptional teachers sponsored by the Bill and Melinda Gates and Exxon Mobil foundations unless the bonuses are distributed equally among all teachers, good, bad, and average. Last July I wrote about Massachusetts' latest cunning plan to stop failing schools: come up with a new word for failure. (Thanks to Chris Berez for the link.)

Exxon Mobil's Short Base Drops Sharply on Disclosure of Berkshire Hathaway Stake

SeekingAlpha Energy Stocks (Free subscription) | 18/11/2009

Jessica Johnson submits: Warren Buffett's Berkshire Hathaway ( BRK.A ) disclosed a stake in Exxon Mobil ( XOM ) and Nestle ( NSRGY.PK ). The short base (percentage of shares outstanding on loan from the total available lending pool) in Exxon is low but has dropped sharply in past week from 0.24 to 0.19%. This represents a quarter of the total shares available for borrowing. Complete Story »...

Coming Soon: Ten Green Companies the Size of Exxon Mobil

investid | 05/09/2008

Investorideas.com Green Investor Audio Series; Interview with Nancy Floyd, Founder and Managing Director of Nth Power POINT ROBERTS, Wash., Delta B.C., September 5, 2008 - www.InvestorIdeas.com, one of the first online investor resources providing in-depth information on renewable energy, greentech and water, provides interested investors a recent audio interview with Nancy Floyd, Founder and Managing