HOUSTON – Exxon Mobil Corp. posted the largest annual profit by a U.S. company โ $40.6 billion in 2007 โ as the world’s largest publicly traded oil company benefited from historic crude prices at year’sย 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 ofย 2005.
First Nations are furious, environmentalists feel betrayed, oil companies are demanding more, and the clock is ticking.
The Mailโs events business in the Middle East provides a quarter of its revenue. A previous Telegraph bid was rejected over petrostate influence fears.
โIโve never seen anything like this,โ longtime denier Marc Morano said recently of Democrats, billionaires, activists and reporters going โsilentโ on the issue.
In exclusive interview with DeSmog, Haisla leader explains that an oil โspill on our waterway would be catastrophic.โ
