Accessibility links
exxon exxon
Stories About

exxon

Tuesday

Exxon Writes Off Record Amount From Value of Assets Amid Energy Market Downturn

An Exxon station in Hicksville, N.Y., in March. Exxon Mobil Corp. announced up to $20 billion in write-downs of natural gas assets, the biggest such action ever by the company. Bruce Bennett/Getty Images hide caption

toggle caption
Bruce Bennett/Getty Images

Business

Exxon Writes Off Record Amount From Value of Assets Amid Energy Market Downturn

Exxon, which usually avoids writing down assets, has announced its largest-ever impairment after canceling plans for natural gas projects in the Americas.

Exxon Writes Off Record Amount From Value of Assets Amid Energy Market Downturn

Listen · 3:49
Transcript
  • Download
  • <iframe src="https://www.npr.org/player/embed/940590247/941045454" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

Tuesday

Exxon Mobil Exits: The Dow Drops Its Oldest Member

Exxon joined the Dow Jones Industrial Average in 1928, as Standard Oil, one of companies descended from John D. Rockefeller's world-transforming oil monopoly. Bruce Bennett/Getty Images hide caption

toggle caption
Bruce Bennett/Getty Images

Business

Exxon Mobil Exits: The Dow Drops Its Oldest Member

Apple's stock split is the cause of the shake-up at the Dow Jones Industrial Average. But the symbolic shift also represents how Exxon, once a corporate titan, has diminished in stature.

Tuesday

Exxon Is On Trial, Accused Of Misleading Investors About Risks Of Climate Change

New York's attorney general is suing Exxon Mobil, accusing the company of defrauding shareholders. Above, an Exxon refinery in St. Bernard Parish, La., is seen in 2015. Gerald Herbert/AP hide caption

toggle caption
Gerald Herbert/AP

Law

Exxon Is On Trial, Accused Of Misleading Investors About Risks Of Climate Change

New York's attorney general argues that Exxon used shady methods of calculating carbon costs, affecting its share price and defrauding shareholders. Exxon says the lawsuit is politically motivated.

Exxon Is On Trial, Accused Of Misleading Investors About Risks Of Climate Change

Listen · 2:11
  • Download
  • <iframe src="https://www.npr.org/player/embed/772241282/772295327" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">