Tag: oil industry
Energy Sector’s Mixed Message on Carbon Emissions No Surprise to Activists
Some U.S. oil and gas companies were secretly concerned about carbon emissions, while publicly minimizing the issue. Carbon emissions have been linked to...
Chevron’s Play for Noble Energy Means More Fracking, Activists Say
Environmental activists criticize Chevron Corp's $5 billion play to buy Noble Energy, saying the deal will boost the company’s production of fracked...
As OPEC Eases Oil Cuts, Renewable Energy Investments Remain Steady
As OPEC and external allies such as Russia move to ease steep cuts in production on the back of expectations of a...
Oil and Gas Companies Remain Mum on How They Spent $2...
Major oil and gas companies have yet to disclose how they plan to spend $2 billion the industry received from the Coronavirus...
Oil Producers Continue to Slash Output Amid Anemic Demand
The International Energy Agency eased its grim demand projections amid a gradual reopening of some economies.
The oil market may be stabilizing as...
Pandemic Creates Perfect Storm for Oil
Due to the COVID-19 pandemic consumer demand for energy is expected to fall by the largest margin in 70 years, says the...
Pipeline Companies May Move From Activists’ Crosshairs to ESG Investor Darlings
Oil and natural gas pipeline companies have long been a target for environmentalists’ ire — think of the Keystone battle, as well...
Fracking Investigated Following Surge of Rare Cancer Cases in Pennsylvania
Fracking, assailed for its environmental cost while its made the U.S. the world’s top oil producer, is being investigated as a possible...
Former Exxon CEO Tillerson Denies Charges the Company Lied to Investors...
Rex Tillerson, Exxon Mobil’s former CEO and a one-time U.S. secretary of state, told a New York City courtroom that his former...
Exxon Former Scientists Tell Congress Company Ignored Climate-Change Evidence as N.Y....
As ExxonMobil Corp.’s trial for misleading investors about climate-change risks unfolds in New York, two former scientists in Washington D.C. told a...
Norway’s Dilemma: How Does This Green Nation Wean Itself From its...
Key Takeaway: Pristine, green and progressive, Norway keeps its air clean thanks...
In the Heart of the Oil Patch, Wind Takes Lead in...
Wind energy generation surpassed coal last month in Texas for the first time, thanks in part to cooperating weather and tax breaks...
Startups Eyed by Oil and Gas Giants Seeking Reinvention
As the world’s energy giants push into wind, solar and other renewable sources, they are tasked with another kind of exploration: seeking...
Texas Goes Green: Renewable Energy Taking Hold in America’s Oil Patch
Renewable power investing is ramping up in Texas, and not only because of increased demand for sparked by hydraulic fracking. The wind-down...
Carlyle Group to Acquire Major Stake in Spanish Oil Company From...
On Our Radar: Deals we are paying attention to for their impact on industry.
With the announcement on April 8 that it would acquire a...