Oil giant looked to make tax-exempt donations to universities and civic groups in the early 1990s to promote the company’s interests
Oil giant Mobil sought to make tax-exempt donations to leading universities, civic groups and arts programmes to promote the company’s interests and undermine environmental regulation, according to internal documents from the early 1990s obtained by the Guardian.
Related: How Mobil pushed its oil agenda through 'charitable giving'
Continue reading...Ad campaigns hide investment in a huge expansion of oil and gas extraction, says InfluenceMap
The largest five stock market listed oil and gas companies spend nearly $200m (£153m) a year lobbying to delay, control or block policies to tackle climate change, according to a new report.
Chevron, BP and ExxonMobil were the main companies leading the field in direct lobbying to push against a climate policy to tackle global warming, the report said.
Continue reading...Expected announcement by ExxonMobil of discovery off island’s south coast seen as potential game changer
Tensions between Cyprus and Turkey over energy could soon come to a head, with ExxonMobil apparently poised to announce a significant natural gas find off the divided island’s southern coast.
After more than three months of deep-water exploration in the eastern Mediterranean, the US firm is expected to unveil findings this week in what is being described as a seminal moment in the race to tap potentially profitable underwater resources.
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