exxon

Top Drillers Shut Down U.S. Fracking Operations as Oil Prices Continue to Tank

It was a tumultuous week in the world of hydraulic fracturing (“fracking”) for shale oil and gas, with a few of the biggest companies in the U.S. announcing temporary shutdowns at their drilling operations in various areas until oil prices rise again from the ashes.

Among them: Chesapeake Energy, Continental Resources and Whiting Petroleum. Chesapeake formerly sat as the second most prolific fracker in the U.S. behind ExxonMobil, while Continental has been hailed by many as the “King of the Bakken” shale basin located primarily in North Dakota.

EU to Exxon: TTIP Trade Deal Will Help Your Global Fossil Fuel Expansion

New documents reveal that the European Commission assured ExxonMobil at the very start of negotiations on the major US-EU free trade deal that the deal would help remove obstacles to expanding fossil fuel development in Africa and South America.

The documents, obtained by the Guardian, show that in October 2013 – just three months into negotiations – trade commissioner Karel de Gucht held an hour-long conversation with Exxon in which he told the oil giant that the Transatlantic Trade and Investment Partnership (TTIP) would ease its concerns about restrictive regulations in developing countries.

As a briefing paper for de Gucht reads: “TTIP is perhaps more relevant as setting a precedent vis-a-vis third countries than governing trade and investment bilaterally.

Warren Buffett Attacks Clean Energy While Increasing Dirty Oil Investments

Warren Buffett, one of the world's richest men and a campaign fundraiser and donor for Hillary Clinton's presidential run, has made headlines lately for the attacks on rooftop solar energy launched by subsidiaries of his holding company Berkshire Hathaway.

As Ben Jervey explained here on DeSmog, Buffett and Berkshire Hathaway have numerous ties to coal-fired power plants, the utility industry and the coal-by-rail industrial complex.

But Buffett's tentacles reach far into the oil industry, as well. 

Everything You Need To Know About The EU Lobby Groups Linked To Exxon

This is the third part of DeSmog UK’s series mapping Exxon’s ties to EU think tanks and lobby groups. Here we explore the various Brussels lobby groups the oil giant is a member of. Read part 1 and part 2 here.

Pressure is mounting on ExxonMobil to explain why the oil giant funded climate denial around the world years after its own scientists established global warming was real.

Exxon has a long history of funding climate denial and last September it was revealed that it did so despite a full scientific knowledge about the impacts of manmade climate change in the 1970s’ and ‘80s.

This prompted the New York Attorney General to subpoena ExxonMobil to “determine whether the company lied to the public about the risks of climate change or to investors about how those risks might hurt the oil business.” A similar investigation has also been launched in California.

These revelations tell us what Exxon knew. The investigations in New York and California are asking ‘what did Exxon do?’

Here’s What Happened to the Exxon-funded EU Think Tanks After It Pledged Not To Fund Climate Denial

This is the second part of DeSmog UK’s series mapping Exxon’s ties to EU think tanks and lobby groups. Here we explore what happened to Exxon’s EU think tank ties after it pledged to stop funding climate denial.

Pressure is mounting on ExxonMobil to explain why the oil giant funded climate denial around the world years after its own scientists established global warming was real.

Exxon has a long history of funding climate denial and last September it was revealed that it did so despite a full scientific knowledge about the impacts of manmade climate change in the 1970s’ and ‘80s.

These are the Five European Think Tanks Exxon was a Member of in 2014

This is the first part of DeSmog UK’s series mapping Exxon’s ties to EU think tanks and lobby groups.

Pressure is mounting on ExxonMobil to explain why the oil giant funded climate denial around the world years after its own scientists established global warming was real.


Exxon has a long history of funding climate denial and last September it was revealed that it did so despite a full scientific knowledge about the impacts of manmade climate change in the 1970s’ and ‘80s.

This prompted the New York Attorney General to subpoena ExxonMobil to “determine whether the company lied to the public about the risks of climate change or to investors about how those risks might hurt the oil business.” A similar investigation has also been launched in California. These revelations tell us what Exxon knew. The investigations in New York and California are asking ‘what did Exxon do?’

ExxonMobil Spent At Least £5.6m on European Lobbying and Corporate Donations in 2014

ExxonMobil has spent at least £5.6m ($8.08 million) on lobbying the European Commission and in donations to European universities and organisations in 2014 according to the most recent figures available.

A DeSmog UK investigation into the oil giant’s European activities reveals much of this was spent lobbying on energy and environment issues in addition to donations to organisations such as the United Nations Environment Programme and the Oxford Institute for Energy Studies.

Last September, Inside Climate News revealed that ExxonMobil knew about the impacts of manmade climate change in the 1970s’ and ‘80s yet went on to fund numerous climate denial efforts. This prompted the New York Attorney General to subpoena ExxonMobil to “determine whether the company lied to the public about the risks of climate change or to investors about how those risks might hurt the oil business.”

Chart Shows Why 'CO2 is Good' For Climate Science Denial Groups Funded By Exxon and Kochs

What difference does influential corporate cash make to the arguments that climate science denial groups make in public?

This was a question that Yale University’s Dr Justin Farrell tried to answer in an exhaustive piece of research published late last year in the Proceedings of the National Academy of Sciences.

Farrell’s paper - Corporate funding and ideological polarization about climate change – contained this remarkable chart, which I missed at the time but reckon it deserves a bit more daylight.

During Paris Climate Summit, Obama Signed Exxon-, Koch-Backed Bill Expediting Pipeline Permits

Just over a week before the U.S. signed the Paris climate agreement at the conclusion of the COP21 United Nations summit, President Barack Obama signed a bill into law with a provision that expedites permitting of oil and gas pipelines in the United States.

The legal and conceptual framework for the fast-tracking provision on pipeline permitting arose during the fight over TransCanada's Keystone XL tar sands pipeline. President Barack Obama initially codified that concept via Executive Order 13604 — signed the same day as he signed an Executive Order to fast-track construction of Keystone XL's southern leg — and this provision “builds on the permit streamlining project launched by” Obama according to corporate law firm Holland & Knight.

Groups Ask Columbia University To Reveal Funding Behind Exxon-Tied Center on Global Energy Policy

Final exams and winter break loom large for students at Columbia University, but at the upper echelons of the university's administration, new calls for transparency about the funding of a university affiliated center are likely to create plenty of homework as well. 

letter sent out today and shared with DeSmog from several high-profile advocacy groups addressed to Columbia President Lee Bollinger calls for Columbia to reveal the funders of the influential — and to-date, dark-money funded — Center on Global Energy Policy (CGEP).

The letter was signed by groups ranging from Public Citizen, ForestEthics, Bold Nebraska, Environmental Working Group, Chesapeake Climate Action Network and the Checks and Balances Project.

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