ExMoMoMoMoMoMoMo

onFeb 1, 2008 @ 06:33 PST

HOUSTON – Exxon Mobil Corp. posted the largest annual profit by a U.S. company – $40.6 billion in 2007 – as the world’s largest publicly traded oil company benefited from historic crude prices at year’s end.

Exxon also set a U.S. record for the biggest quarterly profit, posting net income of $11.7 billion for the final three months of 2007, besting its own mark of $10.71 billion in the fourth quarter of 2005.

By Ross Gelbspan

Somalia’s Parliament and Public Are Questioning the President’s Shadowy Oil Deal With Turkey

ByOscar Rothstein

on Nov 10, 2026 @ 20:00 MST

Some MPs say the arrangement — which gives Turkish Petroleum 95 percent of revenues on estimated 20 billion barrels of oil — is "illegitimate".

UN Fails to Disclose Company Names on Biodiversity Summit Delegates List

ByRachel Sherrington, Clare Carlile and Brigitte Wear

on Nov 10, 2026 @ 09:39 MST

Hundreds of representatives from the world’s most powerful industry bodies representing sectors that harm, or exploit, the natural world were present on the ground at the October nature summit in ...

Series: Big Ag's Climate Push

French Oil Giant Backs Dozens of Lobby Groups Fighting New Methane Rules Around the World

ByCécile Marchand and TJ Jordan

on Nov 10, 2026 @ 04:07 MST

TotalEnergies has won plaudits for voluntary steps to tackle the planet-heating gas. So why does it fund moves to delay, dilute or dismantle regulation?