Latest Darren Woods News

Unprecedented profit for major oil drillers as prices soared

Jul. 29, 2022 11:12 AM EDT

NEW YORK (AP) — Oil companies swam in record profits over the last few months at a time when Americans struggled to pay for gasoline, food and other basic necessities. On Friday, Exxon Mobil booked an unprecedented $17.85 billion profit for the second quarter and Chevron made a...

Climate disinformation leaves lasting mark as world heats

Jul. 27, 2022 17:40 PM EDT

In 1998, as nations around the world agreed to cut carbon emissions through the Kyoto Protocol, America's fossil fuel companies plotted their response, including an aggressive strategy to inject doubt into the public debate. “Victory,” according to the American Petroleum...

ExxonMobil loses bid to nix climate change lawsuit

May. 24, 2022 18:41 PM EDT

BOSTON (AP) — Massachusetts’ highest court on Tuesday rejected a bid by ExxonMobil to dismiss a lawsuit brought by the state that accuses the oil giant of misleading the public about the role its fossil fuels play in causing climate change. The lawsuit filed in 2019 by...