Exxon Mobil won on Tuesday, December 10, 2019, in a closely watched lawsuit over the costs of climate change, with a judge saying there was no proof the energy giant duped investors about the toll that regulations could take on its business.
Big oil understood the climate effects of burning fossil fuels for decades before embarking on a public relations effort to seed doubt over the realities of global warming.
When it comes to talking about how the northern Alberta oilsands have lost their lustre for foreign investors, Satoshi Abe sounds a lot like his Canadian counterparts.
It’s been nearly four years since leaked documents revealed Exxon Mobil Corp. understood that fossil fuel emissions caused the planet to warm before it began funding a Big Tobacco-style misinformation campaign to discredit climate science. Now the world’s largest publicly traded oil company will face public questions for the first time over its role in creating a climate crisis on Earth.
Canadian federal prosecutors and Imperial Oil are staying mum in the wake of a U.S. lawsuit that alleges Exxon Mobil misled investors about the risks borne by its oilsands assets.
A federal judge presiding over lawsuits that accuse big oil companies of lying about global warming to protect their profits is turning his courtroom into a classroom in what could be the first hearing to study the science of climate change.
Secretary of State Rex Tillerson says he believes the United States will keep reducing greenhouse gas emissions despite pulling out of the Paris climate change pact.
Chrystia Freeland praised the work of U.S. Secretary of State Rex Tillerson at the two days of Alaska meetings, which wrapped up Thursday night, in getting a consensus on recognizing the Paris accord.
The Trump administration has rejected a request from Exxon Mobil to waive U.S. sanctions against Russia to allow the company to resume oil drilling around the Black Sea.
Exxon Mobil blasts New York's attorney general over former CEO and current Secretary of State Rex Tillerson-email accusations, as it damaged the company generating "sensational coverage in the press."