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Exxon Mobil

Exxon is the largest oil company in the world:

Exxon/Mobil $ 241.94 bn

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event details

First Quarter 2008 XOM Earnings Conference Call
Thursday, May 1, 2008 10:00 a.m. CT

Event Details
Title First Quarter 2008 XOM Earnings Conference Call
Date and Time Thursday, May 1, 2008 10:00 a.m. CT
Duration 1 Hour


April 10, 2008 09:44 PM Eastern Daylight Time 1
Permalink

To save a permanent link to this news, right-click the dateline (Ctl-click on a Mac) to copy the link.
ExxonMobil to Assess Hydrocarbon Potential on Falcon Oil and Gas Lease in Mako Trough, Hungary

IRVING, Texas--(BUSINESS WIRE2)--Exxon Mobil Corporation (NYSE:XOM) announced today that its affiliate Esso Exploration International Limited signed a production and development agreement with Falcon Oil and Gas Ltd. and its subsidiary, TXM Exploration and Production LLC, to begin a phased work program on a production license in the Mako Trough of southeast Hungary.

The agreement covers a Contract Area of approximately 184,300 acres representing 75 percent of the license. ExxonMobil will have a 67 percent interest in the Contract Area and is the operator. TXM retains 33 percent of the Contract Area and 100 percent of the remaining license outside the Contract Area.

Under the terms of the agreement, ExxonMobil will conduct an initial work program to test existing wellbores and/or drill additional wells if needed to evaluate commercial production of unconventional gas and liquid hydrocarbons. ExxonMobil will invest $75 million in this initial phase, scheduled to begin this year.

After the initial work program, the agreement includes options for ExxonMobil to elect to follow with appraisal and development programs.

“ExxonMobil is pleased to add the Mako Trough in Hungary to our global portfolio of resource opportunities,” said Elwyn Griffiths, vice president, business development, ExxonMobil Exploration Company. “Effective pursuit and capture of a wide variety of opportunity types underpins ExxonMobil’s ability to deliver reliable, affordable energy to satisfy the world’s long-term and growing energy demand.”

CAUTIONARY STATEMENT: Estimates, expectations, and business plans in this release are forward-looking statements. Actual future results, including resource recoveries and project plans and schedules could differ materially due to changes in market conditions affecting the oil and gas industry or long-term oil and gas price levels; the outcome of exploration programs; political or regulatory developments; the outcome of commercial negotiations; and other factors discussed under the heading "Factors Affecting Future Results" in the Investor Information section of our website (www.exxonmobil.com3) and in Item 1A of our most recent Form 10-K.

Contacts

ExxonMobil
Patrick McGinn

April 10, 2008
2007 Summary Annual Report

Exxon

From info from an encyclopedia

Jump to: navigation, search

Exxon is a brand of fuel sold by ExxonMobil.

Contents

Schematic of the Hoover/Diana development showing the floating and subsea systems.
Exxon logo

[edit] History

For the subsea development wells, Exxon will use a newbuild Marine 700 semisubmersible drilling rig.
Exxon-branded gas station in California (actually operated by Valero)

Exxon formally replaced the Esso, Enco, and Humble brands on January 1, 1973, in the USA. The name Esso, pronounced S-O, was a trademark of Standard Oil Company of New Jersey and attracted protests from other Standard Oil spinoffs because of its similarity to the name of the parent company, Standard Oil. As a result, the company was restricted from using Esso in the USA except in those states awarded to it in the 1911 Standard Oil antitrust settlement. In states where the Esso brand was blackballed, the company marketed its gasoline under the Humble or Enco brands. The Humble brand was used at Texas stations for decades as those operations were under the direction of Jersey Standard affiliate, Humble Oil, and in the mid-to-late 1950s expanded to other Southwestern states including New Mexico, Arizona, and Oklahoma.

In 1960, Jersey Standard gained full control of Humble Oil and Refining Company and, through a reorganization of the company and the death of Janrick K. Ragnar, restructured Humble into Jersey's domestic marketing and refining division to sell and market gasoline nationwide under the Esso, Enco, and Humble brands. The Enco brand was introduced by Humble in 1960 at stations in Ohio but was soon blackballed after Standard Oil of Ohio (Sohio) protested that Enco (Humble's acronym for "ENergy COmpany") sounded and looked too much like Esso: an oval logo with blue border and red letters, with the two middle letters the only difference. At that point, the stations in Ohio would be rebranded Humble until the name change to Exxon in 1972.

After the Enco brand was discontinued in Ohio, it was moved to other non-Esso states. In 1961, Humble stations in Oklahoma, New Mexico, and Arizona were rebranded as Enco, and the Enco brand appeared on gasoline and lubricant products at Humble stations in Texas that same year. Service stations there changed to Enco in 1962. By that time, Jersey had expanded the Enco brand to stations in the Midwest and Northwest that had been operated by various subsidiaries such as Carter, Pate, and Oklahoma, among others.

In 1963, Humble was approached by Tidewater Oil Company, a major gasoline marketer along the eastern and western seaboards, to purchase the firm's refining and marketing operations on the west coast--a move that would have given Humble a large number of existing stations and a refinery in California, which was then the fastest-growing gasoline market. However, the Justice Department objected to Humble's plan to purchase Tidewater's west coast operations, which were later sold to Phillips Petroleum in 1966. Meanwhile, Humble gradually built up new and rebranded service stations in California and other western states under the Enco brand and purchased a large number of stations from Signal Oil Company in 1967, followed by the opening of a new refinery in Benicia, California, in 1969.

In 1966, the Justice Department ordered Humble to "cease and desist" from using the Esso brand at stations in several Southeastern states following protests from Standard Oil of Kentucky (a Standard Oil of California subsidiary by that time and in the process of rebranding the Kyso Standard stations to Socal Standard stations selling Chevron products). By 1967, stations in each of those states were rebranded as Enco.

An artist's impression of the Marine 700 semisubmersible deepwater drilling unit in operation.
Exxon gas pumps in Framingham, MA.
The S7000 prior to leaving for the Hoover Diana project.
Lit Exxon sign logo

Despite the success of the "Put A Tiger In Your Tank" advertising campaign introduced by Humble in 1964 to promote its Enco/Esso Extra gasolines, the similar logotypes, use of the Humble name in all Esso/Enco ads and the uniformity in design and products of Humble stations nationwide, the company still had difficulties promoting itself as a nationwide gasoline marketer competing against truly national brands such as Texaco--then a 50-state marketer and the only company selling products under one brand name in each state. Humble officials realized by the late 1960s that the time had come to swallow its pride and develop a new brand name that could be used nationwide. At first, consideration was given to simply rebranding all stations as "Enco" but that was shelved when it was learned that "Enco" is a Japanese abbreviation of "engine failure." (??????, enjinkoshou)

In order to create a unified brand, the company changed its corporate name from Jersey Standard to Exxon, rebranding all its U.S. stations under the latter title in the summer and fall of 1972 after successful test marketing of the Exxon brand and logo in late 1971 and early 1972 at rebranded Enco/Esso stations in certain U.S. cities. However, the unrestricted international use of the popular brand Esso prompted the company to continue using Esso outside the United States. Esso is the only widely used Standard Oil brand left in existence. Other Standard Oil descendants, such as Chevron, do maintain a few stations with the Standard Oil brand in specific states in order to retain their trademarks and prevent others from using them.

[edit] Exxon Valdez disaster

The oil tanker Exxon Valdez struck Bligh Reef on March 24, 1989. The accident resulted in the discharge of approximately 11 million gallons of oil (240,000 barrels), 20% of the cargo, into Prince William Sound.[1]

In addition to the Exxon Valdez oil spill in 1989, Exxon has been consistently criticized for its environmental record.[citation needed] Exxon was a long-term primary supporter of the anti-Kyoto Protocol, Global Climate Coalition from 1989 until its deactivation in 2001.

[edit] Logo

The rectangular Exxon logo with the blue strip at the bottom and red lettering with the two "X's" interlinked together was designed by noted industrial stylist Raymond Loewy. The interlinked "X's" are incorporated in the modern-day ExxonMobil corporate logo, but the original En sign continues for marketing efforts and station signage. It can be argued that the two X's are a modified version of the Cross of Lorraine.

[edit] References

  1. ^ Frequently asked questions about the Exxon Valdez Oil Spill. State of Alaska's Exxon Valdez Oil Spill Trustee.
  2. This article needs additional citations for verification.
    Please help improve this article by adding reliable references. Unsourced material may be challenged and removed. (September 2007)

[edit] See also

[edit] External links


 

---------------

Exxon Mobil News:

April 10, 2008 09:44 PM Eastern Daylight Time 1
Permalink

To save a permanent link to this news, right-click the dateline (Ctl-click on a Mac) to copy the link.
ExxonMobil to Assess Hydrocarbon Potential on Falcon Oil and Gas Lease in Mako Trough, Hungary

IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) announced today that its affiliate Esso Exploration International Limited signed a production and development agreement with Falcon Oil and Gas Ltd. and its subsidiary, TXM Exploration and Production LLC, to begin a phased work program on a production license in the Mako Trough of southeast Hungary.

The agreement covers a Contract Area of approximately 184,300 acres representing 75 percent of the license. ExxonMobil will have a 67 percent interest in the Contract Area and is the operator. TXM retains 33 percent of the Contract Area and 100 percent of the remaining license outside the Contract Area.

Under the terms of the agreement, ExxonMobil will conduct an initial work program to test existing wellbores and/or drill additional wells if needed to evaluate commercial production of unconventional gas and liquid hydrocarbons. ExxonMobil will invest $75 million in this initial phase, scheduled to begin this year.

After the initial work program, the agreement includes options for ExxonMobil to elect to follow with appraisal and development programs.

“ExxonMobil is pleased to add the Mako Trough in Hungary to our global portfolio of resource opportunities,” said Elwyn Griffiths, vice president, business development, ExxonMobil Exploration Company. “Effective pursuit and capture of a wide variety of opportunity types underpins ExxonMobil’s ability to deliver reliable, affordable energy to satisfy the world’s long-term and growing energy demand.”

CAUTIONARY STATEMENT: Estimates, expectations, and business plans in this release are forward-looking statements. Actual future results, including resource recoveries and project plans and schedules could differ materially due to changes in market conditions affecting the oil and gas industry or long-term oil and gas price levels; the outcome of exploration programs; political or regulatory developments; the outcome of commercial negotiations; and other factors discussed under the heading "Factors Affecting Future Results" in the Investor Information section of our website (www.exxonmobil.com3) and in Item 1A of our most recent Form 10-K.

Exxon Mobil Corporation - More news stories:

News about the Exxon Mobil Corporation, including commentary and archival articles published in The New York Times.

ARTICLES ABOUT THE EXXON MOBIL CORPORATION

A British court overturned an earlier ruling that froze as much as $12 billion in petroleum assets controlled by the government of President Hugo Chávez.

March 19, 2008

How the nation’s highest court became increasingly receptive to the arguments of American business.

March 16, 2008

Exxon Mobil Needs a Hug

Barack Obama is clearly an intelligent man. So it may not be too early to start a process of education about oil companies and why attacking them is not smart.

March 2, 2008

An appeal of the biggest punitive damage award upheld in federal court led to a lively Supreme Court argument.

February 28, 2008

Crude oil vaulted through a longstanding psychological barrier amid persistent concern about whether production can keep up with rising global demand.

February 20, 2008

The warning ratchets up a fierce legal dispute between Venezuela and Exxon after President Hugo Chávez’s move to exert greater state control over the nation’s oil industry last year.

February 11, 2008

The oil giant won court orders freezing as much as $12 billion in petroleum assets controlled by Venezuela’s government.

February 8, 2008

Like most oil companies, Exxon benefited from a near doubling of oil prices, as well as higher demand for gasoline last year.

For big Western companies, the prevalence of former Federal Security Service agents in Russian business is raising questions of ethics and due diligence.

December 18, 2007

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Exxon Valdez oil spill

From Wikipedia, the free encyclopedia

Jump to: navigation, search
The Saipem 7000 crane vessel installing the topsides on the Hoover Diana platform.
During the first few days of the spill, heavy sheens of oil, such as the sheen visible in this photograph, covered large areas of the surface of Prince William Sound.

The Exxon Valdez oil spill occurred in Prince William Sound, Alaska, United States, on March 24, 1989. It is considered one of the most devastating man-made environmental disasters ever to occur at sea. As significant as the Exxon Valdez spill was, it ranks well down on the list of the world's largest oil spills in terms of volume released.[1] However, Prince William Sound's remote location (accessible only by helicopter and boat) made government and industry response efforts difficult and severely taxed existing plans for response. The region was a habitat for salmon, sea otters, seals, and seabirds. The vessel spilled 10.8 million U.S. gallons (40.9 million liters) of Prudhoe Bay crude oil into the sea, and the oil eventually covered 11,000 square miles (28,000 km²) of ocean.[2]

Contents

[edit] The accident

The oil tanker Exxon Valdez departed the Valdez oil terminal in Alaska at 9:12 pm on March 23, 1989 with 53 million U.S. gallons of crude oil bound for Washington. A harbor pilot guided the ship through the Valdez Narrows before departing the ship and returning control to Joseph Hazelwood, the ship's master. The ship maneuvered out of the shipping lane to avoid icebergs. Following the maneuver and sometime after 11 pm, Hazelwood departed the wheel house and was in his stateroom at the time of the accident. He left Third Mate Gregory Cousins in charge of the wheel house and Able Seaman Robert Kagan at the helm with instructions to return to the shipping lane at a prearranged point. Exxon Valdez failed to return to the shipping lanes and struck Bligh Reef at around 12:04 am March 24, 1989.[2]

Artist's impression of the Thebaud central facilities platform.
Beginning three days after the vessel grounded, a storm pushed large quantities of fresh oil onto the rocky shores of many of the beaches in the Knight Island chain. In this photograph, pooled oil is shown stranded in the rocks.

According to official reports, the ship carried 53,094,510 U.S. gallons (44,210,430 imp gal/200,984,600 L) of oil, of which 10.8 million U.S. gallons (9.0 million imp gal/41 million L)[3] were spilled into the Prince William Sound.[4] This figure has become the consensus estimate of the spill's volume, as it has been accepted by the State of Alaska's Exxon Valdez Oil Spill Trustee Council,[2] the National Oceanic and Atmospheric Administration,[1] and environmental groups such as Greenpeace and the Sierra Club.[5][6] Some groups, such as Defenders of Wildlife, dispute the official estimates, maintaining that the volume of the spill has been underreported.[7]

[edit] Cleanup measures and environmental consequences

The Rowan Gorilla II, in Halifax.
Workers using high-pressure, hot-water washing to clean an oiled shoreline.

The first cleanup response was through the use of a dispersant, a surfactant and solvent mixture. A private company applied dispersant on 24 March with a helicopter and dispersant bucket. Because there was not enough wave action to mix the dispersant with the oil in the water, the use of the dispersant was discontinued. One trial burn was also conducted during the early stages of the spill, in a region of the spill isolated from the rest by a fire-resistant boom. The test was relatively successful, but because of unfavorable weather no additional burning was attempted in this cleanup effort. Mechanical cleanup was started shortly afterwards using booms and skimmers, but the skimmers were not readily available during the first 24 hours following the spill, and thick oil and kelp tended to clog the equipment.[4]

Exxon was widely criticized for its slow response to cleaning up the disaster and John Devens, the mayor of Valdez, has said his community felt betrayed by Exxon's inadequate response to the crisis.[8] Working with the United States Coast Guard, which officially led the response, Exxon mounted a cleanup effort that exceeded in cost, scope and thoroughness any previous oil spill cleanup. More than 11,000 Alaska residents, along with some Exxon employees, worked throughout the region to try to restore the environment.

The Galaxy II jack-up rig, prior to deployment on the Sable field.
Clean-up efforts after Exxon Valdez oil spill.

Because Prince William Sound contained many rocky coves where the oil collected, the decision was made to displace it with high-pressure hot water. However, this also displaced and destroyed the microbial populations on the shoreline; many of these organisms (e.g. plankton) are the basis of the coastal marine food chain, and others (e.g. certain bacteria and fungi) are capable of facilitating the biodegradation of oil. At the time, both scientific advice and public pressure was to clean everything, but since then, a much greater understanding of natural and facilitated remediation processes has developed, due somewhat in part to the opportunity presented for study by the Exxon Valdez spill. Despite the extensive cleanup attempts, a study conducted by NOAA determined that as of early 2007 more than 26,000 U.S. gallons (22,000 imp gal/98,000 L) of oil remain in the sandy soil of the contaminated shoreline, declining at a rate of less than 4% per year.[9]

In 1992, Exxon released a video titled Scientists and the Alaska Oil Spill. It was provided to schools with the label "A Video for Students". Critics say this video is reputed to misrepresent the clean-up process.[10]

Jacket loading, onto the S7000 crane vessel.
Wildlife was severely affected by the oil spill.

Both the long- and short-term effects of the oil spill have been studied comprehensively. Thousands of animals died immediately; the best estimates include 250,000 to as many as 500,000 seabirds, at least 1,000 sea otters, approximately 12 river otters, 300 harbor seals, 250 bald eagles, and 22 orcas, as well as the destruction of billions of salmon and herring eggs.[3][10] Due to a thorough cleanup, little visual evidence of the event remained in areas frequented by humans just 1 year later. However, the effects of the spill continue to be felt today. Overall reductions in population have been seen in various ocean animals, including stunted growth in pink salmon populations.[11] Sea otters and ducks also showed higher death rates in following years, partially because they ingested prey from contaminated soil and from ingestion of oil residues on hair due to grooming.[12]

Almost 15 years after the spill, a team of scientists at the University of North Carolina found that the effects are lasting far longer than expected.[11] The team estimates some shoreline habitats may take up to 30 years to recover.[3] Exxon Mobil denies any concerns over this, stating that they anticipated a remaining fraction that they assert will not cause any long-term ecological impacts, according to the conclusions of 350 peer-reviewed studies.[12] However, a study from scientists from NOAA concluded that this contamination can produce chronic low-level exposure, discourage subsistence where the contamination is heavy, and decrease the "wilderness character" of the area.[9]

[edit] Litigation

In 1994, in the case of Baker vs. Exxon, an Anchorage jury awarded $287 million for actual damages and $5 billion for punitive damages. The punitive damages amount was equal to a single year's profit by Exxon at that time.

Exxon appealed the ruling, and the 9th U.S. Circuit Court of Appeals ordered the original judge, Russel Holland, to reduce the punitive damages. On December 6, 2002, the judge announced that he had reduced the damages to $4 billion, which he concluded was justified by the facts of the case and was not grossly excessive. Exxon appealed again and the case returned to court to be considered in light of a recent Supreme Court ruling in a similar case, which caused Judge Holland to increase the punitive damages to $4.5 billion, plus interest.

After more appeals, and oral arguments heard by the 9th Circuit Court of Appeals on 27 January 2006, the damages award was cut to $2.5 billion on 22 December 2006. The court cited recent Supreme Court rulings relative to limits on punitive damages.

Exxon appealed again. On 23 May 2007, the 9th Circuit Court of Appeals denied ExxonMobil's request for a third hearing and let stand its ruling that Exxon owes $2.5 billion in punitive damages. Exxon then appealed to the Supreme Court, which agreed to hear the case.[13] On February 27, 2008, the Supreme Court heard oral arguments for 90 minutes. A decision is expected before the court's term ends in July. Justice Samuel Alito, who owns between $100,000 and $250,000 in Exxon stock, recused himself from the case.[14]

Exxon's official position is that punitive damages greater than $25 million are not justified because the spill resulted from an accident, and because Exxon spent an estimated $2 billion cleaning up the spill and a further $1 billion to settle related civil and criminal charges. Attorneys for the plaintiffs contended that Exxon bore responsibility for the accident because the company "put a drunk in charge of a tanker in Prince William Sound."[15]

Exxon recovered a significant portion of clean-up and legal expenses through insurance claims and tax deductions for the loss of the Valdez.[16][17] Also, in 1991, Exxon made a quiet, separate financial settlement of damages with a group of seafood producers known as the Seattle Seven for the disaster's effect on the Alaskan seafood industry. The agreement granted $63.75 million to the Seattle Seven, but stipulated that the seafood companies would have to repay almost all of any punitive damages awarded in other civil proceedings. The $5 billion in punitive damages was awarded later, and the Seattle Seven's share could be high as $750 million. If the damages award holds, they could have to give the $750 million back to Exxon, and it then would be unavailable to the other plaintiffs. In effect, this would give Exxon a 'savings' of $750 million. Other plaintiffs have objected to this secret arrangement,[18] and when it came to light, Judge Holland ruled that Exxon should have told the jury at the start that an agreement had already been made, so the jury would know exactly how much Exxon would have to pay.[19]

[edit] The aftermath

The cause of the incident was investigated by the National Transportation Safety Board, which identified the four following factors as contributing to the grounding of the vessel:

  • The third mate failed to properly maneuver the vessel, possibly due to fatigue and excessive workload.
  • The master failed to provide navigation watch, possibly due to impairment under the influence of alcohol.
  • Exxon Shipping Company failed to supervise the master and provide a rested and sufficient crew for the Exxon Valdez.
  • The United States Coast Guard failed to provide an effective vessel traffic system.[4]

The Board made a number of recommendations, such as changes to the work patterns of Exxon crew in order to address the causes of the accident.[4]

In response to the spill, the United States Congress passed the Oil Pollution Act of 1990 (OPA). The legislation included a clause that prohibits any vessel that, after March 22, 1989, has caused an oil spill of more than one million U.S. gallons (3,800 ) in any marine area, from operating in Prince William Sound.[20]

In April 1998, the company argued in a legal action against the Federal government that the ship should be allowed back into Alaskan waters. Exxon claimed OPA was effectively a bill of attainder, a regulation that was unfairly directed at Exxon alone.[21] In 2002, the 9th Circuit Court of Appeals ruled against Exxon. As of 2002, OPA had prevented 18 ships from entering Prince William Sound.[22]

OPA also set a schedule for the gradual phase in of a double hull design, providing an additional layer between the oil tanks and the ocean. While a double hull would likely not have prevented the Valdez disaster, a Coast Guard study estimated that it would have cut the amount of oil spilled by 60 percent.[23]

The Exxon Valdez supertanker was towed to San Diego, arriving on July 10. Repairs began on July 30. Approximately 1,600 short tons (1,500 metric tons) of steel were removed and replaced. In June 1990 the tanker, renamed S/R Mediterranean, left harbor after $30 million of repairs.[22] It was still sailing as of August 2007. The vessel is current owned by SeaRiver Maritime, a wholly owned subsidiary of ExxonMobil.

[edit] Other consequences

The Oil, Chemical and Atomic Workers International Union, representing approximately 40,000 workers nationwide, announced opposition to drilling in the Arctic National Wildlife Refuge (ANWR) until Congress enacted a comprehensive national energy policy. In the aftermath of the spill, Alaska governor Steve Cowper issued an executive order requiring two tugboats to escort every loaded tanker from Valdez out through Prince William Sound to Hinchinbrook Entrance. As the plan evolved in the 1990s, one of the two routine tugboats was replaced with a 210 foot (64 m) Escort Response Vehicle (ERV). The majority of tankers at Valdez are still single-hulled, but Congress has enacted legislation requiring all tankers to be double-hulled by 2015.

In 1991, following the collapse of the local marine population (particularly clams, herring, and seals) the Chugach Native American group went bankrupt[24]

Many of the real estate appraisal methods used to value contaminated property and brownfields were developed as a result of and following the spill. The use of survey research (e.g. contingent valuation and conjoint measurement) became a well-accepted appraisal method as a result of the complex valuation problems associated with contamination.[25]

According to several studies funded by the state of Alaska, the spill had both short- and long term economic effects. These included the loss of recreational sports fisheries, reduced tourism, and an estimate of what economists call "existence value," which is the value to the public of a pristine Prince William Sound.[26][27][28]

Following the advent of WikiScanner, it came to light that changes had been made from within Exxon Mobil which altered the descriptions of the oil spill in this article, and downplayed its severity.[1]

[edit] External links

[edit] References

  1. ^ a b (September 1992) Oil Spill Case Histories 1967 – 1991, Report No. HMRAD 92-11 (PDF), Seattle: National Oceanic and Atmospheric Administration, 80. Retrieved on 2008-03-10. 
  2. ^ a b c Frequently asked questions about the Spill. History of the Spill. Exxon Valdez Oil Spill Trustee Council. Retrieved on 2008-03-10.
  3. ^ a b c Graham, Sarah. "Environmental Effects of Exxon Valdez Spill Still Being Felt", Scientific American, 2003-12-19. Retrieved on 2008-03-09. 
  4. ^ a b c d Skinner, Samuel K; Reilly, William K. (May 1989). The Exxon Valdez Oil Spill (PDF), National Response Team. Retrieved on 2008-03-09. 
  5. ^ Exxon Valdez disaster – 15 years of lies. Greenpeace News. Greenpeace (2004-03-24). Retrieved on 2008-03-10.
  6. ^ Sierra Club (2005-03-23). "16 Years After Exxon Valdez Tragedy, Arctic Refuge, America's Coasts Still At Risk". Press release. Retrieved on 2008-03-10.
  7. ^ Defenders of Wildlife (2004-03-24). "Exxon Valdez Oil Spill: Fifteen Years Later". Press release. Retrieved on 2008-03-10.
  8. ^ Baker, Mallen. Companies in Crisis – What not to do when it all goes wrong. Corporate Social Responsibility News. Retrieved on 2008-03-09.
  9. ^ a b MacAskill, Ewan. "18 years on, Exxon Valdez oil still pours into Alaskan waters", The Guardian, 2007-02-02. Retrieved on 2008-03-09. 
  10. ^ a b Fry, D. Michael (January-February 1993). How's Exxon's "Video for Students" Deals in Distortions. The Textbook Letter. Retrieved on 2008-03-10.
  11. ^ a b Williamson, David. "Exxon Valdez oil spill effects lasting far longer than expected, scientists say", UNC/News, University of North Carolina at Chapel Hill, 2003-12-18. Retrieved on 2008-03-09. 
  12. ^ a b "Exxon Valdez oil spill still a threat: study", abc.net.au, Australian Broadcasting Corporation, 2006-05-17. Retrieved on 2008-03-09. 
  13. ^ Staff writer. "Supreme Court to review Exxon Valdez award", money.cnn.com, CNN, 2007-10-29. Retrieved on 2008-03-10. 
  14. ^ Staff writer. "High Court may lower Exxon Valdez damages", CNN.com, Associated Press, 2008-02-27. Retrieved on 2008-03-10. 
  15. ^ Egelko, Bob. "Punitive damages appealed in Valdez spill", San Francisco Chronicle, 2006-01-28. Retrieved on 2008-03-10.