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.
Climate campaigners concerned over Jane Toogood’s role in a company that sells technology to produce hydrogen from methane.
The Vermont senator nevertheless supported final passage of the Inflation Reduction Act, calling it "a step forward" on climate and drug prices.
Campaigners say action on climate change is in jeopardy if MPs such as climate science denier John Redwood are granted key posts.
British Airways owner IAG led the list of buyers last year, analysis shows.
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