XOM Oct 2024 145.000 put
- Bloomberg
LA Lawmaker Vows New $15 Billion Fight Over Oil at Calpers, Calstrs
(Bloomberg) -- A California bill forcing the two largest US pension funds to divest an estimated $15 billion in oil and gas assets has quietly fizzled for the third straight year, but the influential state lawmaker behind the effort vowed to renew the legislation with a stronger alliance of climate activists. Most Read from BloombergAt Blackstone’s $339 Billion Property Arm, the Honeymoon Is OverCar Dealers Reel From Cyberattack on $1.2 Trillion MarketCDK Tells Car Dealers Their Systems Will Lik
- Barrons.com
Darren Woods’ Investments Have Given Exxon Mobil a Financial Edge
The CEO slashed costs and spent money when others were skeptical. Now, Exxon is brimming with low-cost oil.
- Reuters
Striking French workers block delivery trucks at ExxonMobil refinery
Striking workers blocked delivery trucks carrying oil products, including petrol, from leaving the ExxonMobil Chemical France's Port-Jerome-Gravenchon refinery in northern France on Friday. Some 200 workers are on strike, an FNME-CGT union member said, and the action will continue until management returns to the negotiations over ExxonMobil Chemical France's plans to close part of the refinery. Last month, ExxonMobil Chemical France said it would shut down the steam cracker and close chemical production at Gravenchon this year, adding that the site has lost more than 500 million euros ($534.40 million) since 2018 and remains uncompetitive.
