Corporate giants from Apple Inc. to Visa Inc. are expected to report their financial results over the coming week, giving investors insight into the impact from the Covid-19 pandemic, the Delta variant and increased business costs. In all, 180 members of the
Exxon Mobil’s new CFO will start Aug. 9. Photo: jim young/Reuters July 19, 2021 10:38 am ET Exxon Mobil Corp. has hired Kathryn Mikells as its next chief financial officer, succeeding 43-year company veteran Andrew Swiger as the company’s top financial executive.
Some of the world’s largest oil companies have been ordered to pay part of a $7.2 billion tab to retire hundreds of aging wells in the Gulf of Mexico that they used to own, capping a case that legal experts say is
Exxon Mobil Corp. Chief Executive Darren Woods apologized and disavowed statements made by two of the company’s top Washington lobbyists after an environmental group released a video recording of their dismissing its public positions on climate change. In a recording with a
The failure of the Keystone XL project demonstrated the challenges of building new pipelines in the U.S. and Canada amid galvanized environmental groups and delivered a blow to oil-and-gas companies that now must rely on aging infrastructure. Protesters targeted Keystone XL, which
Canada’s TC Energy Corp. TRP 0.59% and the Albertan provincial government said Wednesday they would scuttle the Keystone XL oil pipeline project, bringing to an end a yearslong controversy over an effort to pipe more Canadian crude to the U.S. It marks
Mining companies are trying to tap into the flood of cash targeting green investments by touting their production of materials that go into wind turbines, power lines and batteries. They are playing down the environmental impact of their operations and, for many
A court decision ordering Royal Dutch Shell RDS.A -0.12% PLC to cut its carbon emissions has emboldened litigants in similar cases, including two that could have big implications for Exxon Mobil Corp. XOM 0.44% and French oil giant Total. Companies in various
It seems the modern corporate mission statement could use an update: Do well by doing good—or else. Earning the perception of good corporate citizenship, in the form of environmental, social and governance bona fides, is no longer optional for the modern executive.