ExxonMobil’s Failure to Go Green Could Worsen Its Financial Future
As other major oil companies have invested in renewable energy, the Irving-based producer has stubbornly stayed the course.
ExxonMobil is a multinational oil and gas corporation based in Irving, Texas. It’s “America’s second-biggest corporation—and,” as Bryan Burrough wrote for us in 2012, “by far the biggest anything headquartered in Texas.”
As other major oil companies have invested in renewable energy, the Irving-based producer has stubbornly stayed the course.
The current debate is getting downright silly.
He’s often described as “diplomatic,” but negotiating business is different than negotiating global relations.
Don’t be fooled by claims of economic diversification—the city still runs on oil.
What lies beneath the hood of ExxonMobil, the world’s largest oil company?
The author of Private Empire: ExxonMobile and American Power answers the question: In terms of difficulty, how would you compare reporting on Exxon with the reporting you did for your previous book, The Bin Ladens?
In 1996 a powerful South Texas ranching clan accused ExxonMobil of sabotaging wells on the family’s property. Thirteen years, millions of dollars in legal fees, and one state Supreme Court opinion later, the biggest oil field feud of its time is still raging.
The New Yorker writer talks about his latest book, Private Empire: ExxonMobil and American Power.
Scenes from the new oil bust.
Thirty years ago, people couldnt believe it: The old man’s elixir boosted crops, ate up sewage, and made the desert bloom. Today half a dozen Texas companies claim the elixir does all that and a whole lot more.
With $452.9 billion in revenue and profits surging to $41.1 billion, the Irving-based company reclaimed the number one spot from Walmart.
Is it okay to hate Exxon Mobil?
Six months after the merger of Exxon and Mobil, a tally of the winners and losers.
• EXXON, IRVING, $4.45 MILLION More than $3.4 million in unrestricted gifts to 69 Texas colleges and universities, including Abilene Christian University, Rice University, in Houston, Trinity University, in San Antonio, and the University of Texas at Austin. The gifts were made under the Exxon Education Foundation’s matching gift program,
Exxon’s generosity.
Up with Dell, down with Union Pacific: We rate these and other Texas stocks.
Nearly two years after the Exxon Valdez relations gurus are busy telling industries how to avoid looking bad.
With the help of a friendly banker and some friendlier politicians, Clinton Manges conquered might Mobil Oil and saved his empire. But not for long—it’s in jeopardy again.
Clinton Manges built his empire on brushland and oil wells, political contributions and lawsuits. His influence extends to the state capitol and oil company boardrooms. To get where he is, he studied under three masters of South Texas.
How the world’s largest corporation decides who will make it to the top—and who won’t.