Archive for the ‘exxon’ Category
Wednesday, June 25th, 2008
In dissent, Justice John Paul Stevens supported the $2.5 billion figure for punitive damages, saying Congress has chosen not to impose restrictions in such circumstances. Justice Ruth Bader Ginsburg also dissented, saying the court was engaging in "lawmaking" by concluding that punitive damages may not exceed what the company ...
Posted in oil+spills, valdez, alaska, scotus, exxon, u.s.+news | No Comments » | Post to NewsCloud »
Tuesday, May 27th, 2008
Three of the resolutions, to be voted on Wednesday at the company's shareholders' meeting in Dallas, are considered unlikely to pass, even with Rockefeller family support. They would demand that Exxon take the threat of global warming more seriously and look for alternatives to spewing greenhouse gases into the air.Read ...
Posted in rockefellers, exxon, global+warming | No Comments » | Post to NewsCloud »
Wednesday, April 2nd, 2008
Executives from five huge oil companies were questioned by members of Congress Tuesday amid frustration over high oil and gasoline prices. Big-wigs from BP, Chevron, ConocoPhillips, ExxonMobil, and Royal Dutch Shell did their best to eschew blame for high prices while explaining that they still need billions of dollars in ...
Posted in chevron, bp, oil, exxon, business, u.s.+news | No Comments » | Post to NewsCloud »
Monday, October 29th, 2007
Roberts' court off the rails? The company has been battling the judgment for more than a decade. The company has managed to get the award cut in half from the original $5 billion awarded in 1994 by an Anchorage jury in the class-action suit.Read the full story
Posted in exxon+valdez, oil+spills, scotus, supreme+court, exxon, environment | No Comments » | Post to NewsCloud »
Friday, July 13th, 2007
Shares of Exxon Mobil rose 2.7 percent Thursday pushing the market capitalization of the Irving-based company to $504.9 billion — more than the annual economic output of Argentina, Finland and Kazakhstan combined. A 40 percent gain in the past 12 months made Exxon Mobil 26 percent bigger than General Electric ...
Posted in oil, war, market+capital, exxon, business, iraq | No Comments » | Post to NewsCloud »