ExxonMobil

Union Investment

Germany’s Union Investment divests from ExxonMobil

Union Investment, one of the largest asset management companies, has divested from ExxonMobil citing insufficient climate targets.

climate damages

U.S. county sues ExxonMobil and others for climate damages

A county in Oregon named ExxonMobil and more than a dozen other defendants for $52 billion in climate damages related to a catastrophic 2021 heat wave.

exxonmobil algae biofuels

ExxonMobil algae biofuel exit does not deter investors

Bill Gates’ Breakthrough Energy Ventures has announced a new investment in a biofuels company, in spite of the ExxonMobil algae biofuel exit late last year But critics say the technology has long featured in oil industry greenwashing campaigns and is far from a commercial reality.