Can Singapore-listed companies legally block shareholder proposals?
IN A landmark lawsuit that could potentially silence minority shareholders of big companies, oil and gas giant ExxonMobil has sued activist investors...
ExxonMobil to cut trader salaries in latest overhaul to pay structure
EXXONMOBIL plans to cut some traders’ salaries as part of a pay overhaul that will include cash performance bonuses at the end...
New York pension fund further restricts investments in Exxon, other oil companies
THE New York State Common Retirement Fund would restrict its investments in eight integrated oil and gas companies including Exxon Mobil, after...
Exxon pursues lawsuit despite activist investor climb-down
EXXONMOBIL said on Friday (Feb 2) that it will continue to pursue a lawsuit against two activist investors even after they withdrew...
Investors withdraw Exxon climate proposal after court complaint
ACTIVIST shareholders said on Friday (Feb 2) they had withdrawn a climate proposal they had intended to put for vote during Exxon...
Lower profits at US oil giants still mighty enough for big investor payouts
EXXONMOBIL and Chevron reported lower but still strong profits on Friday (Feb 2), as they push ahead with hefty shareholder payouts and...
Exxon beats estimates, ends 2023 with a US$36 billion profit
EXXON Mobil on Friday (Feb 2) posted a better-than-expected US$36 billion profit for 2023, lifted by fuels trading and higher oil and...
ExxonMobil sues ESG investors to stop climate proposals on ballot
EXXONMOBIL filed a lawsuit against United States and Dutch climate activist investors in an effort to remove what it describes as their...
ExxonMobil will pay some oil traders cash bonuses in expansion plan
EXXONMOBIL introduced a new compensation policy that would pay some traders cash bonuses, a significant change within the US energy giant as...
ExxonMobil forecasts increases in project spending, output
EXXONMobil will target annual project spending of between US$22 billion and US$27 billion through 2027, the company said in an update that...