Posts in Exxon
Big Oil Donates over $500,000 to Congress in First Quarter of 2012
The political action committees (PACs) of five of the biggest players in the oil and gas industry donated just over $500,000 to Congressional incumbents and candidates during the first quarter of 2012. Public Campaign has just released new analysis of data filed with the Federal Election Commission (FEC). Some key findings: Exxon’s PAC was the biggest…
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Senate Fails to Cut Favors to Big Oil, Once Again
Earlier today President Obama challenged Congress to either stand with Big Oil, or stand with the American people. A vote on legislation introduced by Senator Robert Menendez (D-NJ) that would have eliminated over $2.4 billion in annual tax deductions to the top 5 oil companies was subsequently defeated a few hours later. Once again Congress…
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Exxon Beats BP to Arctic Prize
It will not just be Bob Dudley from BP who will be aghast at the news that Exxon and Rosneft have signed a historical deal to develop Arctic oil reserves, but many people from Alaska too. Just months after BP failed in a bid to form a strategic alliance with Rosneft, ExxonMobil has outsmarted its…
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From Yellowstone to Blackstone
Stick the words Exxon and oil spill into the same sentence and of course people get vivid memories of the Exxon Valdez. Exxon’s latest spill on the Yellowstone river is tiny compared to what happened in Alaska, but still some 1,000 barrels – or 42,000 gallons of oil – have reportedly been spilt from the…
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