Exxon Mobil Corp. set a quarterly profit record for a U.S. company, surging past analyst estimates.
Exxon Mobil, the leading U.S. oil company, said its 2008 third-quarter net profit was $14.83 billion, or $2.86 per share, up from $9.41 billion, or $1.70, a year earlier. The company’s prior record was $11.68 billion in the second quarter of 2008.
A UN expert calls for ending confidential arbitration agreements in development and trade treaties, which are forcing nations to roll back climate, enviro, human rights protections while owing fossil fuel companies billions in damages.
Portuguese young people claim their human rights have been violated, while accused countries argue the lawsuit should be thrown out.
Emails seen by DeSmog show a PR lobby funded by gas companies is looking to influence the opposition party as likely winners of the next general election.
A DeSmog review of 12 large-scale projects reveals a litany of cost-overruns and missed targets, with a net increase in emissions.
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