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Clean Air Act Violations Lead to Fines and $300M in Improvements Spending for ExxonMobile

Clean Air Act Violations Lead to Fines and $300M in Improvements Spending for ExxonMobile

Clean Air Act violations lead to hefty fines, and even heftier spending on improvement plans, for ExxonMobil: the company settled with the Department of Justice, the EPA, and the Louisiana Department of Environmental Quality for a civil fine of $2.5 million and an agreement to spend approximately $300 million on

Will Exxon-FuelCell Energy Carbon Capture Technology be the CCS Breakthrough the Industry Needs?

FuelCell Energy and ExxonMobil will test their carbon capture technology at a coal and gas-fired power plant operated by Southern Company subsidiary Alabama Power.

Exxon Exec: Plastics Demand Will Intensity Carbon Emissions

A rising demand for plastics and energy in developing countries will increase global carbon emissions until about 2030, an ExxonMobil executive said yesterday at National Association of Manufacturing luncheon. As reported by FuelFix, ExxonMobil Chemical president Neil Chapman projects the demand for plastics and other chemicals will increase more than … Read more »

SEC’s Exxon Probe: the ‘Tipping Point’ for Oil & Gas Climate Change Accounting?

ExxonMobil’s climate change accounting is under investigation by the US Securities and Exchange Commission — and this could have major implications for the oil and gas industry.