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Month: March 2018

Category:
  • New Guinea

ExxonMobil Takes Heat For 7.5 Magnitude Earthquake In Papua New Guinea

An earthquake in Papua New Guinea rattled ExxonMobil’s gas project on the island nation to the tune of $19 billion, and a backlash against the U.S. company’s activities is becoming Continue Reading

Posted On : 8 Mar 2018 Published By : Tom Whipple
Category:
  • China
  • p-
  • USA

Peter Navarro Says Metal Tariffs Are Good for the Economy

The Trump administration is considering clamping down on Chinese investments in the U.S. and imposing tariffs on a broad range of its imports to punish Beijing for its alleged theft Continue Reading

Posted On : 8 Mar 2018 Published By : Tom Whipple
Category:
  • p-

Oil Prices Rebound After EIA Reports Build In Crude Inventories

The Energy Information Administration reported a 2.4-million-barrel build in crude oil inventories for last week. The report’s out a day after the S&P 500 futures dropped 1 percent on the Continue Reading

Posted On : 8 Mar 2018 Published By : Tom Whipple
Category:
  • International Oil Companies
  • USA

Exxon unveils bold capital spending plan to boost profit, shares drop

Exxon Mobil Corp ( XOM.N ) on Wednesday outlined an ambitious capital spending plan it said would more than double annual earnings by 2025, hoping to allay investor fears that Continue Reading

Posted On : 8 Mar 2018 Published By : Tom Whipple
Category:
  • Climate
  • International Oil Companies

At energy summit, climate pits U.S. against Europe

The U.S. energy secretary blasted renewable fuels champions on Wednesday while the head of Royal Dutch Shell urged the energy sector to focus on world efforts to cut carbon emissions, Continue Reading

Posted On : 8 Mar 2018 Published By : Tom Whipple
Category:
  • Shale Oil

BHP says will consider asset swaps as part of shale exit

Global miner BHP will consider swapping certain onshore oil and gas assets with competitors’ offshore assets, as part of its effort to exit U.S. shale formations, Steve Pastor, BHP’s president Continue Reading

Posted On : 8 Mar 2018 Published By : Tom Whipple
Category:
  • Offshore
  • USA

Offshore drilling plan may put 2.6M jobs in jeopardy, conservation group says

President Donald Trump ‘s plan to open most of the coastal U.S. to offshore drilling jeopardizes at least 2.6 million jobs and almost $180 billion in the gross domestic product, Continue Reading

Posted On : 8 Mar 2018 Published By : Tom Whipple
Category:
  • Energy Storage

Beleaguered GE Hopes Energy Storage Is Its Next Big Business

General Electric Co. GE 1.53% plans to unveil a new battery platform Wednesday as it seeks to become a leader in the emerging market of storing electricity. GE is set Continue Reading

Posted On : 8 Mar 2018 Published By : Tom Whipple
Category:
  • Electric Cars

GM CEO Pushes for Renewed Tax Breaks on Electric Vehicles

General Motors Co. Chief Executive Mary Barra is pressing Washington for an expansion of electric-vehicle tax credits, a plea that would help the company and rivals like Tesla Inc. sell Continue Reading

Posted On : 8 Mar 2018 Published By : Tom Whipple
Category:
  • Sea Level Rise

More of the Bay Area Could Be Underwater in 2100 Than Previously Expected

The ground around San Francisco Bay is sinking to meet the rising sea, another reason for Bay Area residents to worry about the impact of climate change on their region. Continue Reading

Posted On : 8 Mar 2018 Published By : Tom Whipple

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