Exxon Mobil Corp. News

ExxonMobil Says Papua New Guinea LNG Plant to Be Closed for 2 Months After Quake

ExxonMobil Corp. said on Monday it would take about eight weeks to restore production at the Papua New Guinea liquefied natural gas project (LNG), following a powerful earthquake that hit the country’s energy-rich interior a week ago. The 7.5 magnitude …

Exxon Mobil’s Airstrip in Papua New Guinea Heavily Damaged After Earthquake

Exxon Mobil Corp. built a runway to land some of the world’s biggest planes as part of its endeavor to tap gas riches in one of the most remote spots on Earth. But an earthquake Monday in Papua New Guinea …

Weather, Road Damage Slows Relief Efforts After Papua New Guinea Quake

The death toll from the strongest earthquake to strike Papua New Guinea’s rugged interior in almost a century has climbed to 31 and would probably rise further, officials said on Thursday, as damage to roads, runways and phone lines slowed …

Exxon’s LNG Plant in Papua New Guinea Could Be Shut for 6 Weeks After Quake

Exxon Mobil Corp.’s $19 billion liquefied natural gas export project in Papua New Guinea may remain shut for six weeks after an earthquake rocked the country’s remote highlands, which are home to the venture’s upstream gas supplies, according to UBS …

Papua New Guinea Quake Kills at Least 14; ExxonMobil Shuts $19B LNG Plant

Up to 14 people were killed in landslides and by collapsed buildings during a powerful earthquake in the remote Papua New Guinea highlands, police and a hospital worker said on Tuesday, with unconfirmed reports of up to 30 dead. The …

Quake in Papua New Guinea Leads Exxon to Shut Production, Processing

Exxon Mobil Corp. has shut production platforms and a processing plant in the highlands of natural gas exporter Papua New Guinea after an earthquake struck the Pacific nation. The U.S. oil giant closed the facilities to assess damage from a …

New York Sues Fossil Fuel Majors, Plans Divestment from Pension Funds

New York City announced on Wednesday that it filed a multibillion dollar lawsuit against five top oil companies, citing their “contributions to global warming,” as it said it would divest fossil fuel investments from its $189 billion public pension funds …

Exxon Takes Climate-Change Probe Fight to Massachusetts Top Court

Exxon Mobil Corp urged Massachusetts’ top court on Tuesday to block the state’s attorney general from obtaining records to investigate whether the company for decades concealed its knowledge of the role fossil fuels have on climate change. A lawyer for …

Exxon Claim of Bogus Schneiderman Probe Questioned by Judge

A federal judge questioned Exxon Mobil Corp.’s claim that a securities-fraud probe by New York’s Attorney General is flawed because its focus shifted from a suspected climate-change cover-up to whether investors were misled. An Exxon lawyer argued Thursday that “shifting …

2 Northern California Cities Are Suing Big Oil Firms Over Climate Change

California cities San Francisco and Oakland filed separate lawsuits against five oil companies on Wednesday seeking billions of dollars to protect against rising sea levels they blamed on climate change, according to public documents. The lawsuits, filed in state courts …