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Elon Musk, Satya Nadella Orbit Joe Biden's Summit With Xi Jinping As US Aims To Thaw Relations With China
Tuesday, November 14, 2023 - 6:37pm | 936A San Francisco summit is becoming a stage for cooperation talks with China, as both the public and private sectors in the U.S. look to thaw relations with the Asian economic giant. The jewel of the Asia-Pacific Economic Cooperation summit will be a face-to-face encounter between U.S. President Joe...
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Pain At The Pump, But Not For Exxon Mobil CEO — Here's How Big Of A Raise He's Getting
Monday, December 5, 2022 - 3:27pm | 319The yearly base pay of Exxon Mobil Corp (NYSE: XOM) CEO Darren Woods and CFO Kathryn Mikells will be increased, the company announced Monday. According to the company's filing, Woods' yearly salary will be $1.88 million, up from $1.7 million this year. Mikellis will earn $1.22 million in...
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Oil Giant Exxon Thinks Every New Passenger Car Sold Will Be Electric By 2040
Monday, June 27, 2022 - 8:19am | 440Oil major Exxon Mobil Corp (NYSE: XOM) is predicting every new passenger car sold globally by 2040 will be an electric vehicle, CNBC reported, citing CEO Darren Woods. What Happened: ExxonMobil estimates global oil demand in 2040 would be equivalent to what the world needed in 2013 or 2014,...
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Why Exxon Mobil Shares Are Rising Today
Tuesday, February 1, 2022 - 1:47pm | 255Exxon Mobil Corp (NYSE: XOM) is trading higher Tuesday after the company announced better-than-expected fourth-quarter financial results and initiated a buyback. Exxon Mobil reported quarterly revenue of $84.97 billion. The company reported quarterly earnings of $2.08 per share, which...
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Exxon's CEO On How Oil Giant Plans To Maintain Dividend, Focus On Balance Sheet
Tuesday, April 7, 2020 - 2:25pm | 342Oil giant Exxon Mobil Corporation (NYSE: XOM) is committed to maintaining its dividend, mostly due to a decades-long focus on maintaining a healthy balance sheet, CEO Darren Woods said Tuesday on CNBC's "Squawk Box." CEO Says Exxon's Focus Unchanged Exxon remains...
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Not Even Elon Musk Could Convince Donald Trump To Stay In The Paris Climate Accords
Wednesday, May 31, 2017 - 2:41pm | 449Multiple press outlets reported Wednesday that President Donald Trump is expected to withdraw the United States from the 2015 Paris Climate Accords. Environmental activists, politicians and business leaders alike came out in favor of the agreement, in which nearly 200 nations agreed to cut...
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The Paris Climate Agreement's Most Surprising Defender: Exxon Mobil
Wednesday, May 31, 2017 - 12:59pm | 839President Donald Trump is withdrawing from the Paris Agreement, Axios reported in a story quoting sources with direct knowledge of the decision. For his part, the president tweeted he would announce his decision in the coming days, leaving open the possibility for a change of mind. EPA...