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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: Rex Tillerson

Rex Tillerson stories: 5 news summaries

 Exxon to Invest $600M 
 in Algae-Based Fuel 

Will partner with famed genome expert Craig Venter

Jul 14, 09 7:37 AM CDT
(Newser) - Exxon Mobil, the biggest oil company in the world, will invest $600 million in turning algae into fuel, the New York Times reports. Known for blowing off concerns about global warming and dismissing biofuels—its CEO famously called ethanol “moonshine”—Exxon Mobil has in fact been researching alternative... More »

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biofuel • investment • Craig Venter • alternative fuels • Rex Tillerson • Exxon Mobil • algae biofuel • algae

 Fat Cat Exxon Primed to Deal 

Behemoth stood still when oil hit record highs, now has $40B for buying spree

Jan 12, 09 10:22 AM CST
(Newser) - Flush with cash after resisting costly acquisitions while oil prices hit record highs, Exxon Mobil could be ready for a shopping spree that could alter the face of the world’s energy supply, reports the Wall Street Journal. The company has nearly $37 billion in reserves and could target another... More »

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Brazil • mergers and acquisitions • Royal Dutch Shell • oil companies • Rex Tillerson • Exxon Mobil • Big Oil • oil prices

(Newser) - A year of flush oil prices is paying off nicely for Exxon Mobil chief Rex Tillerson. He will get a $4 million bonus this year and a 10% increase in salary next year to $2.06 million, Reuters reports. Tillerson also will receive 225,000 shares of restricted stock. In... More »

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Exxon • bonuses • Rex Tillerson • Exxon Mobil • oil industry

Rockefellers Pump Exxon Execs for Changes

Family wants independent chairman, climate change initiatives

May 24, 08 1:58 PM CDT
(Newser) - Executives at Exxon are bracing for an onslaught from the Rockefeller family, whose patriarch founded the oil firm’s predecessor a century ago, the Wall Street Journal reports. Led by John D. Rockefeller’s great-granddaughter, the family wants Exxon to pursue renewable forms of energy and appoint an independent chairman. More »

MORE ABOUT:
oil • global warming • shareholders • ExxonMobil • John D. Rockefeller • Rockefeller family • Rex Tillerson

 Rockefeller Clan Launches Green Revolt at Exxon

Demand new chairman, green agenda

Apr 30, 08 3:39 AM CDT
(Newser) - Exxon Mobil is facing a shareholder revolt by most of John D. Rockefeller's 300 descendants, who are pushing for the mammoth company to go greener, reports the Wall Street Journal. The Rockefellers are campaigning for Exxon to develop new energy technology, cut greenhouse gas emissions and appoint a new independent... More »

MORE ABOUT:
climate change • greenhouse gases • shareholders • ExxonMobil • renewable energy • John D. Rockefeller • Rockefeller family • Neva Rockefeller Goodwin • Rockefeller Brothers Fund • Peter O'Neill • Rex Tillerson

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