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Topic: Exxon


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In the News (Tue 2 Dec 08)

  
  ExxonMobil - Wikipedia, the free encyclopedia
Exxon Mobil Corporation or ExxonMobil NYSE: XOM, headquartered in Irving, Texas, suburb of Dallas, Texas, is the largest oil producer and distributor in the world, formed on November 30, 1999, by the merger of Exxon and Mobil.
Exxon Chemical Company became a worldwide organization in 1965 and in 1999 was a major producer and marketer of olefins, aromatics, polyethylene and polypropylene along with specialty lines such as elastomers, plasticizers, solvents, process fluids, oxo alcohols and adhesive resins.
Exxon's long-time mascot is a Tiger; Mobil's mascot is a Pegasus which dates back to the late 19th century and is one of the oldest marketing symbols still in use.
en.wikipedia.org /wiki/Exxon   (2054 words)

  
 Guardian Unlimited | Archive Search
It is the headquarters of Exxon Mobil, and it houses a plush management suite that is known across the energy industry as the "God Pod", with the reverence befitting a corporation which last month emerged as the most profitable in the history of human endeavour.
Exxon Mobil, which trades in Britain as Esso, does not believe in the certainty of global warming - it casts doubt on evidence that industrial emissions of greenhouse gases are raising temperatures.
But perhaps more importantly, Exxon's executives appear to hold sway over a man who once dreamed of rivalling their success but failed as an oil man and had to settle this year for becoming president of the United States.
www.guardian.co.uk /Archive/Article/0,4273,4171063,00.html   (1364 words)

  
 SignOnSanDiego.com > News > Business -- Dissident shareholders push Exxon Mobil on global warming
Exxon Mobil annual meetings are usually raucous affairs that attract dozens of protesters from environmental groups such as Greenpeace.
Exxon Mobil spokesman Tom Cirigliano said the company "is totally open to give-and-take on these issues" but believes the scientific evidence behind global warming "remains inconclusive." He said the company has cut emissions at its plants.
Exxon "is fully prepared to comply with all laws and regulations in countries where we operate," he said.
www.signonsandiego.com /news/business/20050523-1343-exxonmobil-shareholders.html   (722 words)

  
 POL 280 | Alaska After Exxon Valdez
Exxon’s move to be the leader of cleanup put in place a whole new group of managers who were unfamiliar with the Alyeska Contingency Plan and the state as a whole (Piper 1992: 14).
Exxon’s second mistake was that their initial volume of information about their cleanup plans was not large enough (Exxon PR 2004).
Exxon is a parent corporation of Alyeska, it was their job to make sure that Alyeska was up to date and prepared to deal with a spill.
www.alma.edu /departments/polsci/alaska2004/livingston.html   (4188 words)

  
 There's no accounting for the Exxon Valdez. (accounting for costs incurred from environmental damage)
Exxon said its net income for the June 30, 1989, quarter, after the spill-related expense, amounted to $160 million, or 13 cents a share, a pittance compared with the previous year's second-quarter net of $1.2 billion, or 90 cents a share.
Exxon's accounting staff must have racked their brains- and their disclosures files-to find some precedent for spreading the cleanup costs, either forward or backward.
It's unlikely the "implicit" social contract between Exxon and the residents of Prince William Sound was based on the assumption that a major environmental accident was probable.
www.luca.com /cpajournal/old/08657092.htm   (3960 words)

  
 04/28/93 - FEDS FIRE BACK AT EXXON ... SCIENTISTS CHARGE DATA WERE SKEWED
The Exxon scientists also said that by 1991 only trace amounts of Exxon oil could be found on the most heavily affected shorelines and that oil detected on the ocean's bottom had been flushed into the Sound over hundreds of years from the naturally occurring Katalla oil seep east of the spill zone.
Exxon's presentations, which will continue through Thursday, are building a case that the 11-million-gallon spill, the worst in U.S. history, had only short-term consequences and that government scientists are wrong when they report that it may take decades for the Sound to fully recover.
Exxon's chief scientist at the symposium, Hans Jahns, said the paper was scuttled because Manen's co-author was not a chemist.
www.adn.com /evos/stories/EV277.html   (1127 words)

  
 StopEsso: What Exxon Says
Exxon has also led front groups such as the Global Climate Coalition, specifically set up to undermine the UN negotiations on climate on behalf of the fossil fuel industry.
Exxon has also funded and heavily promoted "climate sceptic" pseudo science to try to undermine the scientific consensus on global warming.
Exxon has led the campaign for US opposition to the treaty and has been successful in influencing politicians, industry and the US public.
archive.greenpeace.org /esso/xhtml/what_exxon_says.html   (1602 words)

  
 BW Online | April 9, 2001 | Exxon Unleashed
Exxon's clout is not just a function of its overwhelming size and wealth, nor of its central position in the most strategic of industries--oil.
Exxon Mobil continues to collaborate with General Motors (GM), Toyota Motor (TM), and others to develop fuel-cell technology, but this is probably best characterized as a hedge against the company's massive wager that demand for oil and gas will continue to increase steadily to 2010 and beyond.
Exxon may be the largest private-sector oil producer, but with 5.6% of the world's output of 77 million barrels a day, it has nowhere near enough clout to set prices.
www.businessweek.com /magazine/content/01_15/b3727001.htm   (4165 words)

  
 Exxon Valdez TED Case Study
Exxon said that the decision was too severe and that they would appeal the decision.
Exxon is still making the claim that this drop in numbers may be due to cyclical changes in ocean temperatures which affect the food supplies of fish.
Exxon attempted to appease them by compensating them initially with money, flown in groceries, and when native villages began to complain of missing their subsistence foods, Exxon arranged to have seal meat and seaweed shipped in.
www.american.edu /projects/mandala/TED/exxon.htm   (3027 words)

  
 David S Page (Bowdoin)   (Site not responding. Last check: 2007-10-21)
The Exxon Valdez oil spill is one of many sources of hydrocarbons in PWS (e.g.
By 1999, any remaining traces of the Exxon Valdez oil spill are a very minor contributor to the total input of petroleum hydrocarbons from all sources.
Directed by the Federal On-Scene Coordinator, in consultation with state agencies, Exxon engaged in cleanup operations in PWS and the Gulf of Alaska during the summers of 1989, 1990 and 1991 and the spring of 1992.
academic.bowdoin.edu /faculty/D/dpage/html/EVOS10YR.shtml   (5410 words)

  
 ExxonMobil-Sponsored Terrorism?
Exxon Mobil argues it has not "in any way directly caused, intended, conspired to commit, or participated in any of the" acts of brutality alleged and that there is "no basis" under US law for this lawsuit.
The lawsuit against Exxon Mobil had been moving along slowly (as is normal) in a Washington federal court but took a turn that could threaten its continuation.
The prominent hold-out was Exxon Mobil, which refused to sign the code--a fact not forgotten by the department's career lawyers.
www.thenation.com /capitalgames/index.mhtml?bid=3&pid=74   (948 words)

  
 Exxon in the McSpotlight
Exxon are the 3rd largest US-based worldwide petrochemical corporation.
In March 1989 the Exxon Valdez supertanker ran aground and broke open,releasing 11 million gallons of crude oil into the Prince William Sound, Alaska.
It also criticised the Alaska pipeline consortium, of which Exxon is a partner, for it's 'massive failure' in reposonse to the spill, which greatly contributed to its severity.
www.mcspotlight.org /beyond/companies/exxon.html   (444 words)

  
 EXXON VALDEZ OIL SPILL: Ten Years Later
Exxon Valdez oil and studies by government scientists estimated that only 14% of the oil was removed during cleanup operations.
The Exxon Valdez studies show petroleum hydrocarbons pose higher risks to fish and wildlife than previously known and that there is long-lasting ecological damage.
The Exxon Valdez was a national wake-up call to failures of our oil spill contingency planning requirements that led to passage of the Oil Pollution Act of 1990.
arcticcircle.uconn.edu /SEEJ/Alaska/miller2.htm   (7677 words)

  
 BBC News | BUSINESS | Exxon 'helped torture in Indonesia'
The case, brought on behalf of 11 Acehnese villagers, accuses Exxon of complicity in the murder, torture and sexual abuse of the local population.
An Exxon statement said the company was "deeply troubled" by the violence in North Aceh and was concerned for the safety of its staff and subcontractors.
Exxon sites have been the scenes of fighting and staff have been threatened and even kidnapped.
news.bbc.co.uk /hi/english/world/asia-pacific/newsid_1401000/1401733.stm   (574 words)

  
 Boston.com / Business / Exxon to Pay $4.5 Bln for Valdez Spill   (Site not responding. Last check: 2007-10-21)
Irving, Texas-based Exxon Mobil, the world's largest publicly traded oil company, is expected to appeal the ruling, according to David Oesting, the lead plaintiff attorney in Anchorage.
Exxon Mobil has said it paid out $300 million voluntarily to more than 11,000 Alaskans and businesses affected by the 11 million gallon spill from the Valdez, the worst from a tanker in U.S. waters.
Shares of Exxon Mobil were down 51 cents, or 1.2 percent, at $40.68 in afternoon trade on the New York Stock Exchange.
www.boston.com /business/articles/2004/01/28/exxon_to_pay_45_bln_for_valdez_spill   (351 words)

  
 The Exxon Valdez Oil Spill   (Site not responding. Last check: 2007-10-21)
In regard to addressing the actual problem, which Exxon claimed was its first priority, it took company officials nearly 10 hours after the accident to deploy booms to contain the spill.
In addition, Exxon was criticized for refusing to acknowledge the extent of the problem, which was due, in part, to the advice of the company's legal counsel.
The biggest criticism the company received was the fact that CEO Lawrence Rawl waited six days to make a statement to the media and that he did not visit the scene of the accident until nearly three weeks after the spill.
iml.jou.ufl.edu /projects/Spring01/Hogue/exxon.html   (612 words)

  
 The Exxon Valdez Oil Spill Disaster - ExploreNorth   (Site not responding. Last check: 2007-10-21)
On October 8, 1991, an agreement was reached between the State of Alaska, the federal government, and Exxon on both criminal charges and civil damage claims.
Against strong opposition from many Alaskans, $125 million of the balance was forgiven due to Exxon's cooperation during the cleanup, and upgraded safety procedures to prevent a reoccurrence.
Exxon is earning $90,000 an hour, about $2 millon a day or nearly $800 million a year, on the same $5 billion as long as the case drags on and the money stays in its coffers.
www.explorenorth.com /library/weekly/aa032499.htm   (891 words)

  
 Exxon Backs Groups That Question Global Warming
Exxon has become the single-largest corporate donor to some of the groups, accounting for more than 10 percent of their annual budgets.
Exxon's backing of third-party groups is a marked contrast to its more public role in the Global Climate Coalition, an industry group formed in 1989 to challenge the science around global warming.
Exxon's publicly disclosed documents reveal that donations to many of these organizations increased by more than 50 percent from 2000 to 2002.
www.libertymatters.org /newsservice/2003/faxback/2482_05-29-03_Warming.htm   (860 words)

  
 StopEsso: Why Exxon
Exxon tries to convince the public that global warming isn't happening even though Exxon is one of its main causes.
Exxon is the biggest oil company in the world - its profits totalled more than US$12 billion in 2000.
Exxon was one of the main financial contributors to George Bush's election campaign.
archive.greenpeace.org /esso/xhtml/why_exxon.html   (291 words)

  
 NMFS Alaska Office of Exxon Valdez Oil Spill (EVOS) Damage Assessment and Restoration
Exxon Valdez tanker encircled by a containment boom.
On March 24, 1989 the oil tanker Exxon Valdez ran aground on Bligh Reef in Prince William Sound, Alaska, spilling an estimated 11 million gallons of crude oil across 1,300 miles of coastline - a catastrophic event that lead to one of the most thorough examinations of the effects of oil on the environment.
The Exxon Valdez Oil Spill (EVOS) Trustee Council was established with funds from the legal settlement between the State of Alaska, the Federal Government and Exxon to develop research, restoration and habitat conservation plans for the spill area.
www.fakr.noaa.gov /oil   (432 words)

  
 EVOS-Oil Spill Facts-Q & A   (Site not responding. Last check: 2007-10-21)
The Exxon Valdez was repaired and renamed the Sea River Mediterranean and is used to haul oil across the Atlantic.
The Exxon Valdez departed from the Trans Alaska Pipeline terminal at 9:12 pm March 23, 1989.
The Exxon Valdez spill, though still one of the largest ever in the United States, has dropped from the top 50 internationally (http://www.cutter.com/osir/biglist.htm).
www.evostc.state.ak.us /facts/qanda.html   (1290 words)

  
 Handbook of Texas Online: EXXON COMPANY, U.S.A.
Exxon U.S.A. traces its descent from the Humble Oil Company, which was chartered in Texas in February 1911 with a capital of $150,000 (raised to $300,000 in 1912).
By the mid-1970s most of Exxon's Middle Eastern oil suppliers had nationalized Exxon properties and, with the exception of Saudi Arabia, had become increasingly uncertain sources of crude oil.
Exxon organized a $2.5 billion cleanup and became involved in extended litigation over the damage caused by the spill.
www.tsha.utexas.edu /handbook/online/articles/view/EE/doe4.html   (2172 words)

  
 Exxon to staff: vote for oil | Greenpeace International
The US government is increasingly isolated and Exxon is out to ensure its workers keep it that way by voting for US politicians who oppose action against global warming.
Exxon is informing not only its employees but also retirees and contractors how they should vote in upcoming presidential and congressional races across the US.
Exxon was more than amply repaid when President GW Bush promptly withdrew the US from the only global treaty to control global warming, the Kyoto Protocol.
www.greenpeace.org /international/news/exxon-to-staff-vote-for-oil   (532 words)

  
 The Exxon Valdez Oil Spill: How Much Oil Remains?   (Site not responding. Last check: 2007-10-21)
During the summer of that year, the Alaska Department of Environmental Conservation (ADEC) estimated that 149 km of shoreline in Prince William Sound were heavily oiled and 459 km were at least lightly oiled.
Secondary objectives include determining the rate of decline of oil on these beaches, estimating the persistence of the remaining oil, and correlating the remaining oil with geomorphological features.
The possibility of continuing low level chronic effects of the Exxon Valdez oil spill seem very real now, although measurable population effects would be very difficult to detect in wild populations.
www.afsc.noaa.gov /Quarterly/jas2001/feature_jas01.htm   (1737 words)

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