Tuesday, July 22, 2025
Exxon blasts N.Y. for walking back claims at end of trial - oil and gas 360

Exxon blasts N.Y. for walking back claims at end of trial

Houston Chronicle The New York attorney general’s office dropped its claim that Exxon Mobil Corp. intentionally misled investors about how it accounts for the financial risks of climate change, significantly diminishing the state’s case in the last minutes of a high-stakes securities fraud trial. Assistant Attorney General Jonathan Zweig caused a stir Thursday when he revealed during his closing statement

U.S., Poland Oppose Nord Stream 2 Gas Pipeline Linking Russia’s Gas to Europe

From AP/Washington Post WARSAW, Poland — The United States and Poland on Saturday took a strong stand against a planned gas pipeline linking Russia to Germany, saying it is part of a Kremlin scheme to politicize energy and undermine attempts to make Europe less dependent on Moscow. U.S. Secretary of State Rex Tillerson and Polish Foreign Minister Foreign Minister Jacek

ExxonMobil Names New Chief Executive

Tillerson to Retire Dec. 31, Darren Woods will take over as ExxonMobil Chairman, CEO With his pending transition to U.S. Secretary of State, ExxonMobil (ticker: XOM) Chairman and CEO Rex Tillerson has announced his intention to retire from XOM at year-end, and Darren W. Woods, who is currently president of the company, has been named by the board of directors to replace Tillerson as