Bloomberg

Bloomberg

You can read more from Bloomberg at www.bloomberg.com

Energy supply requires $40 trillion investment to 2035, IEA Says

More than half of that amount will be needed to compensate for declining output at mature oil and gas fields, and the remainder on finding new supplies to meet rising demand, the Paris-based agency said in a report Monday  More »

Top coal-power operator expects plant closures on Obama plan

American Electric Power Co. expects to be challenged and shut some of its largest units if the Obama administration proposes a 25 percent greenhouse-emission cut.  More »

Repsol wins approval for $10B project off Spain

Repsol SA won government approval to start a $10 billion oil drilling project off Spain’s Canary Islands, signaling success in its 12-year campaign to start exploration near the Atlantic archipelago.  More »

Shell may boost internal carbon price as emission rules tighten

Royal Dutch Shell Plc may boost the internal carbon emissions price it uses for planning new projects if governments tighten climate rules, according to an executive in its emissions unit.  More »

Analysis: Celebrities’ Keystone activism outweighs pipeline’s climate impact

Actress Daryl Hannah hasn’t chained herself to the White House fence in support of tougher power plant emissions. Maybe she should.  More »

Chamber study predicts Obama climate rule will kill jobs

The nation’s biggest business lobby says President Barack Obama’s plan to tackle climate change could cost the U.S. economy $50 billion a year. Supporters predict it will create jobs and lower power bills.  More »

Fracking sucks money from wind while China eclipses US

U.S. President Barack Obama says natural gas can be a bridge from coal to a cleaner energy future. Investors are showing it’s more likely a bridge to nowhere.  More »

Statoil rig kept idle in Arctic by Greenpeace activists (photos)

Greenpeace activists occupied a Statoil ASA rig in Norway’s Arctic Barents Sea for a second day, preventing it from reaching the nation’s northernmost oil exploration well the protesters say may harm the environment.  More »

Phillips 66 says court supports Sweeny takeover from PDVSA

The International Chamber of Commerce’s Court of Arbitration last month upheld Phillips 66’s right to exercise a call option in 2009 and assume PDVSA’s interest in Merey Sweeny LP, Rich Johnson, a spokesman for the Houston-based refiner, said in an e-mail Wednesay.  More »

Westlake buys European resins maker for $667M

“The acquisition of Vinnolit is an excellent strategic fit for Westlake,” Chief Executive Officer Albert Chao said.  More »

Nabors defends two board members targeted by proxy advisers

Nabors Industries defended the records of two directors, saying shareholders should ignore recommendations from two proxy advisers that they be voted off the board at the next election.  More »

Anadarko’s $5 billion pollution settlement wins approval

Anadarko Petroleum Corp.’s agreement to pay $5.15 billion for pollution cleanup across the U.S. was approved over objections from people who said their illnesses won’t be properly compensated.  More »
Page 18 of 264« First...10...1617181920...304050...Last »