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.
Before obtaining the required permits, Diversified Energy began installing cryptocurrency mining infrastructure on one of its thousands of well pads.
"I want the fossil fuel industry to stop breaking the law and pay for their crimes against people and the planet."
Proposed legislation would further lower regulatory hurdles, despite environmental and public health risks.
Insiders aren’t surprised as ExxonMobil, the last remaining proponent of green algae biofuel, ends research.
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