Category: ExxonMobil

UK’s £22bn carbon capture pledge follows surge in lobbying by fossil fuel industry, records show

Scope of oil and gas influence underscores concerns technology will prolong demand for planet-heating natural gasThe UK government’s move to award £22bn in subsidies to carbon capture projects followed a sharp...

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Greedflation: corporate profiteering ‘significantly’ boosted global prices, study shows

Multinationals in particular hiked prices far above rise in costs to deliver an outsize impact on cost of living crisis, report concludesProfiteering has played a significant role in boosting inflation during 2022, according to...

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UN head accuses fossil fuel firms of business models ‘inconsistent with human survival’

Criticism at Davos for big companies who, ‘like the tobacco industry’, ride roughshod over their own scienceThe head of the United Nations has accused the world’s biggest fossil fuel companies of refusing to...

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Revealed: the ‘carbon bombs’ set to trigger catastrophic climate breakdown

Exclusive: Oil and gas majors are planning scores of vast projects that threaten to shatter the 1.5C climate goal. If governments do not act, these firms will continue to cash in as the world burnsby Damian Carrington and...

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‘Black Wednesday’ for big oil as courtrooms and boardrooms turn on industry

Campaigners sense turning point as shareholders, boards and The Hague act to force Chevron, ExxonMobil and Shell to cut pollutionThe world’s patience with the fossil fuel industry is wearing thin. This was the stark...

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