The Environmental Defense Fund says some major oil companies are taking steps to reduce leaks of the greenhouse gas methane, the main component of natural gas, but that hundreds of smaller companies aren’t. More »
Fourteen of the nation’s largest independent oil companies are banding together to lobby for the right to export crude around the world. It’s a sign the industry is revving up for a big, coordinated push to dismantle those trade restrictions next year. More »
ExxonMobil’s CEO on Thursday dashed Houston’s hopes that the multinational oil and gas giant would relocate its headquarters to Houston, saying he plans to continue to honor the company’s foundational principals to keep separate its executive suites from its operations. More »
Poland says that EU’s proposed pace for increasing reliance on renewable energy sources is too fast for Eastern European countries that are trying to grow their economies as they restructure old, energy-dependent industries. More »
Oil field service company Weatherford International could announce at least two major divestiture before the end of the year, including one that may occur “imminently” and perhaps within the next week,. More »
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