Exxon Subscribe

Is Exxon making a real, $600 million biofuel shift?

Money talks, but how can we know what it's saying? Exxon Mobil is investing $600 million into a 5- to 6-year algae biofuel project with biotech company Synthetic Genomics. The biofuel will be made from "sunlight, water and waste carbon dioxide by photosynthetic pond scum," writes the New York Times. After the first $600 million is used and if the technology appears to be working, billions more could follow in order to get the produciton process ready for commercial application. The goal is to produe liquid fuels that act "a lot like today's ... Read more →

ExxonMobil/Electrovaya's electric car, the Maya 300, gets detailed tomorrow Sebastian Blanco

If you had gobs and gobs of money, would you spend some on an electric car? What if your core business was selling people oil and gasoline? That's what ExxonMobil is all about, but the company is ...

Exxon CEO: "Alternative" just means finding new ways to burn fossil fuels Sebastian Blanco

Here's a good one. How would you define alternative energy? Solar power? Wind turbines? Recycling waste grease into biodiesel? Well, if you're Rex Tillerson, the CEO of Exxon, then "alternative" ...

Exxon's $14.83 billion sets new quarterly profit record Jeremy Korzeniewski

Another quarter passes, another record profit is set by Exxon Mobil. It's a bit of a broken record by now... literally. If you have a weak stomach, perhaps you should quit reading here. For the rest ...

VIDEO: Guerilla artist shows generosity with free ad campaign for gasoline providers Domenick Yoney

It's not easy being a carbon-fuel provider these days. They bear the responsibility for keeping the entire economy moving along like a well-oiled machine. They get you you to work, your kids to ...

Exxon made nearly $1,500 a second last quarter, a new record 1 year ago on Autoblog Green

First, let's get the hard data out of the way: Exxon's $11.68 billion of profit last quarter was the highest ever recorded by any company, topping it's own previous record from the last quarter of '07. For those who like to keep track of such things, that is nearly $90,000 a minute; $1,500 every ...

Low oil production means more profit for Exxon 1 year ago on Autoblog Green

Recently we told you about oil execs explaining to congress how $123 billion in profits should entitle them to an additional $18 billion in the form of subsidies. I realize many of you out there have a lot of sympathy for their position and have spent the intervening time hounding your ...

ExxonMobil $pending ten$ of billion$ to locate more oil 1 year ago on Autoblog Green

While the amount of energy the world demands every year is tremendous, the cost of finding and purchasing that energy is just as staggering. According to this article, ExxonMobil plans to spend between $25 and $35 billion every year for the foreseeable future in search of more oil. Even as ...

Chavez backs off threat to cut oil sales to America 1 year ago on Autoblog Green

Chavez is backing off his threats to cut oil sales to America that we recently told you about. According to Bloomberg, Venezuelan President Hugo Chavez said on state television that, "We don't have plans to stop sending oil to the U.S. ... All I've said is that, if the U.S. attacks us, we'll have to ...

Exxon is back at the top with record profits again 1 year ago on Autoblog Green

Ask yourself: what could possibly be better for Exxon Mobil than posting a record profit of $39.5 billion in 2006? Tough one, huh? How about beating that record-setting profit number with a new record of $40.6 billion the following year. Yeah, that'd do it! We've been covering the on-going record ...

Oh, Thank You, Thank You ExxonMobil!! 2 years ago on Autoblog Green

I just read the ExxonMobil advertorial in the NYTimes. The second in a 3-part series, this one is titled "Energy close to home." It is a very well-done piece that cherrypicks information. For instance, while admitting that the US is the world's leading oil consumer, it notes we are the No. 3 oil ...

Friday Humor: ExxonMobil finds a way to spend their record profits 2 years ago on Autoblog Green

What do you do when your company makes more money in a quarter than any other company in history... ever? I'm not sure, 'cause I'm certainly not in that position. Perhaps ExxonMobil, which is the profit-laden company in question, decided to play a trick on one unsuspecting customer of almost twenty ...

Conspiracy or conspiracy theory? Did ExxonMobil pay off scientists to discredit global warming? 2 years ago on Autoblog Green

According to the Union of Concerned Scientists, ExxonMobil gave $16 million to 43 ideological groups between 1998 and 2005 in a coordinated effort to mislead the public by discrediting the science behind global warming. This backs up the claims by Britain's leading scientific academy, The Royal ...

Kim Strassel on the Daily Show lets us laugh about oil companies' record profits 3 years ago on Autoblog Green

Kimberley Strassel is on the editorial board of the Wall Street Journal, and she went on The Daily Show with Jon Stewart last week to talk about oil prices, oil companies and ethanol. Her basic argument was that high oil prices at the pump are not the fault of oil companies and their ...

Featured
Breaking
Popular

View all

Tip of the Day

Guide to Common Green Acronymns