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Iraq demands U.S. energy giant ExxonMobil abide by constitution
Iraq’s premier Monday called on ExxonMobil to respect the country’s constitution in rare talks with the US firm’s chief, an apparent reference to a deal with the Kurdish region Baghdad says is illegal. Nuri al-Maliki also appeared to once again rule out production-sharing deals that Exxon has signed with Kurdistan,…
Oil spill detected near Exxon operations in Nigeria
EKET, Nigeria — An oil spill has been detected along the coast of southern Nigeria near operations for US giant ExxonMobil, the company said Monday, but the cause and size of the leak remained unclear. Exxon local subsidiary Mobil Producing Nigeria confirmed that oil had been found along the shoreline…
Iraq PM: Exxon’s deal with the Kurds ‘may lead tothe outbreak of wars’
Prime Minister Nuri al-Maliki believes a contract between US oil giant ExxonMobil and Iraq’s autonomous Kurdistan region is dangerous and could lead to “wars,” his spokesman told AFP on Tuesday. ExxonMobil signed an oil exploration deal with the Kurdistan region in northern Iraq covering six areas, including two that are…
Exxon: Ruptured Montana pipeline had carried tar sands crude
SALMON, Idaho (Reuters) – Exxon Mobil said on Friday that a pipeline that failed two weeks ago, leaking oil into the Yellowstone River, routinely transported a heavier and more toxic form of crude than the company and federal regulators initially acknowledged. The Silvertip pipeline carries so-called tar sands crude from…
Montana governor threatens lawsuit over oil spill
BILLINGS, Montana (Reuters) – Montana Governor Brian Schweitzer continued on Friday to press Exxon Mobil over an oil spill into the Yellowstone River and threatened to take the company to court as clean-up continued a week after the leak. Schweitzer has been increasingly critical of Exxon in the days since…
Montana governor reviewing oil, gas pipeline safety
Montana governor reviewing oil, gas pipeline safety KALISPELL, Montana (Reuters) – Montana Governor Brian Schweitzer on Monday said authorities will review safety of all oil and gas pipelines that cross waterways in the state and close those that did not meet standards. “We’ll make the decision over the next couple…
Oil spills into Yellowstone River after Exxon Mobil pipeline ruptures
An Exxon Mobil pipeline that runs under the Yellowstone River in Montana ruptured Friday night and leaked for about a half-hour. The New York Times reported that the over 120 residents in the town of Laurel, downstream from the rupture, had to be evacuated because officials feared a possible explosion.…
Exxon profits soaring amid gas price hikes
HOUSTON (Reuters) – Exxon Mobil Corp’s quarterly profit rose a better-than-expected 69 percent as the world’s largest publicly traded oil company benefited from higher crude prices and better margins for its refineries. The Irving, Texas, company reported a first-quarter profit of $10.65 billion, or $2.14 per share, up from $6.3…
Judge refuses to order additional Exxon Valdez payment
ANCHORAGE, Alaska (Reuters) – A federal judge has refused to order Exxon Mobil Corp. to pay an additional $92 million sought by the U.S. government and state of Alaska to address lingering damage from the 1989 oil spill in Prince William Sound. District Court Judge H. Russel Holland, who for…
Environmentalists sue ExxonMobil over air laws
Environmentalists sue ExxonMobil’s largest US refinery, accuse it of violating Clean Air Act The largest oil refinery in the United States released more than 8 million pounds of illegal pollution in the past five years, violating the federal Clean Air Act thousands of times, according to a lawsuit filed Tuesday…
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