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Posts Tagged ‘Rex Tillerson’

Exxon CEO Advocates Emissions Tax

ConocoPhillips and the U.S. divisions of BP PLC and Royal Dutch Shell PLC have all supported a cap-and-trade solution.

At Exxon’s Can’t-Miss Meeting

Last year was another fabulous year for Exxon Mobil. It made a record $40.6 billion in profits. It replaced its reserves, no easy task with oil so hard to find and extract these days. Its safety record was stellar. Its return on capital was an astounding 32 percent, another record. It spent $21 billion in capital investments while also paying out $36 billion on a combination of dividends and stock buy backs. It share price rose 22 percent.

More support for Exxon Mobil dissidents’ proxy fight

Four U.K.-based investors and a British proxy advisory firm publicly joined a group of dissident shareholders calling for an independent chairman at Exxon Mobil Corp. on Monday.

Exxon Chief Criticizes U.S. Oil Policy

Exxon Mobil Corp. Chairman and Chief Executive Officer Rex Tillerson says he finds it “astonishing” that President Bush is asking Saudi Arabia to pump more oil rather than working harder to clear the way for more oil production at home.

Exxon must act to keep an enviable reputation

Whether viewed over the past five years or past 20, Exxon’s total shareholder returns have comfortably exceeded the average of its peers: Royal Dutch Shell, BP and Chevron.

But nobody is perfect…