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ExxonMobil has lost a key battle in an investigation into whether the oil giant misled the public about the dangers of climate change. A Massachusetts judge ordered Exxon (XOM) on Wednesday to hand over more than four decades of the company's climate change research. The court rejected Exxon's emergency motion to kill the demand from Massachusetts Attorney General Maura Healey, who is investigating allegations the company ignored internal scientific research going back to the 1970s. The ruling came on the same day that longtime Exxon boss Rex Tillerson was being grilled by Congress about the company's climate change tactics at...

Companies: After an all-out war on oil companies from the left in recent years, it bodes well for the future to see Big Oil now recognizing the attack it's under and its duty to fight back. Witness Chevron and Exxon Mobil.Shareholder meetings can be pro forma affairs, but not for major oil companies, which have become a lightning rod for the anti-corporate sentiment gaining traction in U.S. political life since around 2006. Wednesday, Chevron was descended upon by a zoo-full of San Francisco leftists pushing rain forest sentimentalism, Burma, and other pet causes dear to the no-soap crowd. They journeyed...

When it comes to investing, I'm a contrarian at heart. I'm also a cheapskate, generally more interested in stocks trading at low multiples than those with forecasted earnings-growth estimates that have catapulted investor expectations to infinity and beyond. Don't get me wrong: If you're the Buzz Lightyear type, you should certainly check out the likes of Intel (Nasdaq: INTC) and Sony (NYSE: SNE). Each sports a five-year earnings-growth forecast of 15% or higher -- and a price-to-earnings ratio (P/E) that surpasses the broader market's average. Qualcomm (Nasdaq: QCOM) makes the cut, too. Deep discounts If, however, you're mainly an investor...

Tegucigalpa, Honduras - Honduras will take temporary control of foreign-owned oil storage terminals as part of a government import program meant to drive down fuel prices, President Manuel Zelaya said late on Saturday. Honduras will take temporary control of foreign-owned oil storage terminals as part of a government import program meant to drive down fuel prices, President Manuel Zelaya said late on Saturday. Zelaya ordered the move after failing to reach a deal with big oil companies Exxon Mobil and Chevron, as well as local company DIPPSA, to rent the terminals. "It is not a nationalization, it's a temporary use...

ANCHORAGE, Alaska, June 23 (Reuters) - Alaska Gov. Frank Murkowski aims to negotiate a revised contract for a $20 billion natural gas pipeline before a general election in November, a top aide said on Friday. The Republican governor may alter about 15 points in the initial pipeline contract he negotiated with ConocoPhillips (COP.N: Quote, Profile, Research), BP (BP.L: Quote, Profile, Research) and Exxon Mobil (XOM.N: Quote, Profile, Research) earlier this year in response to public comment and criticism, said Jim Clark, Murkowski's chief of staff. "(The hope is that) we'll be able to get the various provisions renegotiated and come...