ExxonMobil Makes Godlike Profits, but Mortal Challenges Remain
The oil giant this week announced quarterly earnings that set an all-time record for any Texas business. That’s both good and bad news for the state.
The oil giant this week announced quarterly earnings that set an all-time record for any Texas business. That’s both good and bad news for the state.
Former staff writer Nicholas Lemann remembers how Exxon refused to cooperate with his story—and why that made all the difference.
After Putin met Tillerson, billions were made, but at what cost?
Major setbacks this week may force the oil giants to speed efforts to curb carbon emissions and invest in renewables—and perhaps even abandon the search for new fossil-fuel plays.
ExxonMobil, ConocoPhillips among the companies named in suit.
Plus: power reserves dip from coal plants shuttering and Austin commands the cheapest solar.
Recruiting new talent may become more challenging at a time when oil and gas companies need it most.
The Irving-based company fell all the way from first to ninth.
Nearly all refineries are resuming operations, though production will remain curtailed for weeks to come.
The current debate is getting downright silly.
With Rex Tillerson and Rick Perry on his team, Donald Trump is all set to revive the fortunes of the Texas energy sector.
A few things to know about Donald Trump's picks for Energy secretary and Secretary of State.
Lessons from Exxon's handling of climate change.
AT&T takes the top spot for Texas, but it comes in behind Apple, Google, Microsoft, Verizon, and GE nationally.
The Texas-based airlines and U.S. Airways reached a settlement with the U.S. Department of Justice, making the long-awaited merger "all but certain."
A Texas court ruled that the cyclist might have to give back the money he received from Dallas-based SCA Promotions.
The feds arrested the CEO of Houston’s Riverside General Hospital and six other hospital employees Thursday, accusing them of bilking $158 million from the Medicare program over the past seven years.
With $452.9 billion in revenue and profits surging to $41.1 billion, the Irving-based company reclaimed the number one spot from Walmart.
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.
Reading Big Oil’s annual reports for the truth about profits is a little like drilling for oil in the Baltimore Canyon: you know it’s there, but how deep will you have to go to find it?