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What's Going On Over At Exxon?


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If a pine tree falls on your house, you cut it up.  Have it removed.  Fix your house.  Insurance pays and life moves on. 

 

Aren't tornados more of a threat in Dallas then in the Woodlands?  They are much more devastating to homes than a typical hurricane and a falling pine tree or two. 

 

I guess I'm just inclined to look for and prevent problems rather than deal with them later.

 

Tornados are more of a threat in the Dallas area, however the reason we usually leave the area during a hurricane is just that...the tornados they spawn.

 

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I would rather Chevron move its headquarters to Houston. Houston can basically say that its already the headquarters of Exxon. If I was the CEO of Exxon I would much rather be based out of the nice new campus versus an old headqaurters.

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In a huge win for environmental groups, a federal judge has ordered ExxonMobil to pay nearly $20 million for spewing millions of pounds of excess air pollution from its Houston-area industrial facilities. The Sierra Club and Environment Texas sued the energy giant in 2010, alleging that over a five-year period it had emitted more than 8 million pounds of hazardous chemicals and other contaminants from its sprawling Baytown complex than is allowed by state and federal law and clean air permits. The 3,400-acre complex about 25 miles east of Houston houses a refinery and chemical, olefins and plastics plants. U.S. […]

The post ExxonMobil ordered to pay $20 million for air pollution at Houston plants appeared first on Community Impact Newspaper.

full articles

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  • The title was changed to ExxonMobil Consolidation
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  • 5 months later...
1 hour ago, mattyt36 said:

From the article...

Quote

“We greatly value our long history in Irving and appreciate the strong ties we have developed in the North Texas community,” read a statement from Exxon chairman and CEO Darren Woods. “Closer collaboration and the new streamlined business model will enable the company to grow shareholder value and position ExxonMobil for success through the energy transition."

The oil and gas giant said it would organize its business along three lines based north of Houston as of April 1: ExxonMobil Upstream Co., ExxonMobil Product Solutions and ExxonMobil Low Carbon Solutions.

Bolding is mine.  A lot of companies are restructuring their workforces and consolidating real estate now that remote work is becoming more acceptable.  Wonder if that is part of what's going on here.  Also, noting the snippet about energy transition, are we heading towards becoming the low carbon solution capital?

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Just now, august948 said:

From the article...

Bolding is mine.  A lot of companies are restructuring their workforces and consolidating real estate now that remote work is becoming more acceptable.  Wonder if that is part of what's going on here.  Also, noting the snippet about energy transition, are we heading towards becoming the low carbon solution capital?

One can only hope . . . 

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  • The title was changed to ExxonMobil Ordered To Pay $20 Million For Air Pollution

This seems to be the article of record. Can anyone get past the paywall? 

https://www.wsj.com/articles/exxon-to-move-headquarters-to-houston-11643648706?mod=hp_lista_pos1

In 1907, IIRC, Jesse Jones persuaded Humble Oil to locate in Houston instead of Beaumont, but they were soon controlled by Standard Oil of New Jersey (later Exxon). Now the two greatest jewels in Rockefeller's crown - Standard Oil of New Jersey and Standard Oil of New York (Mobil) - are here.

 

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19 minutes ago, H-Town Man said:

This seems to be the article of record. Can anyone get past the paywall? 

https://www.wsj.com/articles/exxon-to-move-headquarters-to-houston-11643648706?mod=hp_lista_pos1

In 1907, IIRC, Jesse Jones persuaded Humble Oil to locate in Houston instead of Beaumont, but they were soon controlled by Standard Oil of New Jersey (later Exxon). Now the two greatest jewels in Rockefeller's crown - Standard Oil of New Jersey and Standard Oil of New York (Mobil) - are here.

 

 

There's not really anything more in the WSJ article than any of the others.

Not to mention Standard Oil of Indiana and Standard Oil of Ohio (BP) and Ohio Oil Company (another Rockefeller split-off, now named Marathon).  When Chevron gets their HQ to Houston, we will have gathered all of the major successor components of the original "seven sister" companies that were created out of the Standard Oil  split-up.

Edited by Houston19514
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1 hour ago, Houston19514 said:

 

There's not really anything more in the WSJ article than any of the others.

Not to mention Standard Oil of Indiana and Standard Oil of Ohio (BP) and Ohio Oil Company (another Rockefeller split-off, now named Marathon).  When Chevron gets their HQ to Houston, we will have gathered all of the major successor components of the original "seven sister" companies that were created out of the Standard Oil  split-up.

I don't consider BP a Houston company - based in London, no? I'm with you on Chevron, and what I really care for that's inside them are Texaco and Gulf.

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10 hours ago, mattyt36 said:

Wow, what does it say when the Chronicle doesn’t even write an article on this and instead outsources to Bloomberg?

https://www.chron.com/business/article/Exxon-Houston-headquarter-merger-oil-industry-16819683.php

The Chronicle is a complete joke now. They don’t report real news anymore. They don’t even have “News” on their main page.

The other day when SCOTUS ruled against Biden’s vax mandate, they didn’t have a single article about it, not even from the AP.

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10 hours ago, mattyt36 said:

Wow, what does it say when the Chronicle doesn’t even write an article on this and instead outsources to Bloomberg?

https://www.chron.com/business/article/Exxon-Houston-headquarter-merger-oil-industry-16819683.php

I think it just says that they were still working on theirs.

https://www.houstonchronicle.com/business/energy/article/Irving-based-Exxon-to-move-headquarters-to-Houston-16819300.php

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13 hours ago, H-Town Man said:

I don't consider BP a Houston company - based in London, no? I'm with you on Chevron, and what I really care for that's inside them are Texaco and Gulf.

Yeah, I recognize that, but Houston is the American headquarters and contains at least the bulk of what was formerly Standard Oil of Indiana and Standard Oil of Ohio, so I thought it was worth including.

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28 minutes ago, H-Town Man said:

Yeah, well, if an announcement like that is made, one would expect the local newspaper of record to at least put a blurb out there saying "Exxon announced HQ move, more to come" (HBJ had absolutely no problem in this regard) but they can't even seem to do that.  Took at least an hour just to put a banner up linking to someone else's story.  But their homepage has plenty of links from months ago, so color me not surprised.  Compare with the Dallas Morning News or any other major city newspaper not owned by Hearst (hell, the Star-Telegram is light years ahead).

So, I respectfully disagree.  I think it says they are a second-rate news organization.

Edited by mattyt36
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1 hour ago, mattyt36 said:

Yeah, well, if an announcement like that is made, one would expect the local newspaper of record to at least put a blurb out there saying "Exxon announced HQ move, more to come" (HBJ had absolutely no problem in this regard) but they can't even seem to do that.  Took at least an hour just to put a banner up linking to someone else's story.  But their homepage has plenty of links from months ago, so color me not surprised.  Compare with the Dallas Morning News or any other major city newspaper not owned by Hearst (hell, the Star-Telegram is light years ahead).

So, I respectfully disagree.  I think it says they are a second-rate news organization.

That's fine. I don't think anyone considers them a great paper. It was nice to see that they finally won a Pulitzer a few years back.

Every major metro paper is much worse than it was 20-30 years ago, except for the 2 or 3 national papers. I would gladly trade today's Chronicle for the mid-90's Chronicle, which wasn't a great paper either, but it had vastly more information than today, and the classifieds were interesting. It's like discussing in 1970 which passenger railroad company is best.

 

Edited by H-Town Man
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Just now, H-Town Man said:

That's fine. I don't think anyone considers them a great paper. It was nice to see that they finally won a Pulitzer a few years back.

Every major metro paper is much worse than it was 20-30 years ago. I would gladly trade today's Chronicle for the mid-90's Chronicle, which wasn't a great paper either, but it had vastly more information than today, and the classifieds were interesting. It's like arguing in 1970 about which passenger railroad company is best.

 

Yes, every major paper is much worse than it was 20-30 years ago.  The problem is, every other major paper started at a much higher level than the Chronicle ever achieved, so while they've all gotten worse, the Chronicle distinguishes itself by its own level of horribleness.  One Pulitzer prize in more than 120 years and it's for commentary!  Not a single Pulitzer for news.  Pathetic.  

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3 hours ago, lockmat said:

The Chronicle is a complete joke now. They don’t report real news anymore. They don’t even have “News” on their main page.

The other day when SCOTUS ruled against Biden’s vax mandate, they didn’t have a single article about it, not even from the AP.

That link is from chron.com, the Chronicle's joke site that never has real news. The main pay site is far better. Not great, though

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2 hours ago, H-Town Man said:

It's like discussing in 1970 which passenger railroad company is best.

No, when newspapers with lower circulation 250 miles up the road are producing quality journalism today, it's like comparing HEB with a U-TOTEM.

38 minutes ago, Ross said:

That link is from chron.com, the Chronicle's joke site that never has real news. The main pay site is far better. Not great, though

And here is where I completely embarrass myself by saying I had no idea there were 2 sites and I'm a paying subscriber.  Why when I'm logged in do I not get redirected there?  It's not like there's a dallasnews.com and a dallasmorningnews.com (DaMN.com?) site, or a nytimes.com and a newyorktimes.com.  I use chron.com for vacation hold, etc.  Another fine Hearst innovation, I see.

Edited by mattyt36
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1 hour ago, Twinsanity02 said:

Someone correct me if I am wrong. I understand, that with Exxon Mobile move,  the Houston area will have the headquarters of 25 Fortune 500 companies. This will solidify further Houston's number two position in this ranking, NYC being number one.

The Chicago MSA has over 30.

I think back in the day people touted Houston as number 2 behind NYC due to HQs within city limits but obviously that doesn’t make much sense (and HPE and Exxon wouldn’t count).

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9 hours ago, mattyt36 said:

The Chicago MSA has over 30.

I think back in the day people touted Houston as number 2 behind NYC due to HQs within city limits but obviously that doesn’t make much sense (and HPE and Exxon wouldn’t count).

Let's keep things in perspective here...all that really matters is that we have more than Dallas.  😀

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