HOUSTON – Exxon Mobil Corp. posted the largest annual profit by a U.S. company – $40.6 billion in 2007 – as the world’s largest publicly traded oil company benefited from historic crude prices at year’s end.
Exxon also set a U.S. record for the biggest quarterly profit, posting net income of $11.7 billion for the final three months of 2007, besting its own mark of $10.71 billion in the fourth quarter of 2005.
DeSmog writer Justin Nobel’s new book explores how workers bear the brunt of the oil and gas industry’s hidden contaminated waste.
Britain is boosting the Kremlin war effort by continuing to purchase billions of pounds worth of refined oil from India, China, and Turkey, campaigners say.
Advertorials and a podcast vanish as regulators consider greenwashing complaint against the state-owned oil giant.
From South Africa to Ukraine, five industrial chicken companies that supply KFC have benefited from financing from the World Bank Group and the European Bank for Reconstruction and Development.
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