Tag Archives: big oil

Axios reports: Resolutions pushing ExxonMobil and Chevron to get more aggressive on climate change were soundly defeated at annual shareholder meetings on Wednesday. The meetings were the latest example of growing investor pressure on oil giants over global warming. At Exxon’s meeting, a resolution calling for a new board committee on climate won just 7.4% support. At Chevron’s meeting, roughly …

Reuters reports: Royal Dutch Shell on Tuesday became the first major oil and gas company to announce plans to leave a leading U.S. refining lobby due to disagreement on climate policies. In its first review of its association with 19 key industry groups, the company said it had found “material misalignment” over climate policy with the American Fuel & Petrochemical …

The New York Times reports: In a legal blow to President Trump’s push to expand offshore oil and gas development, a federal judge ruled that an executive order by Mr. Trump that lifted an Obama-era ban on oil and gas drilling in the Arctic Ocean was unlawful. The decision, by Judge Sharon Gleason in the United States District Court for …

Common Dreams reports: Lissa Lucas traveled the 100 miles from her home in Cairo, West Virginia to the state capitol in Charleston Friday to testify against an oil and gas industry sponsored bill (HB 4268) that would allow companies to drill on minority mineral owners’ land without their consent. Lucas began to testify to the House Judiciary Committee, but a …

The Associated Press reports: The Trump administration on Thursday moved to vastly expand offshore drilling from the Atlantic to the Arctic oceans with a plan that would open up federal waters off the California coast for the first time in more than three decades. The new five-year drilling plan also could open new areas of oil and gas exploration in …

Reuters reports: U.S. Secretary of State Rex Tillerson received compensation worth $27.4 million last year when he was chief executive of Exxon Mobil Corp, the world’s largest publicly traded oil producer, regulatory filings showed on Thursday. He and other senior executives got raises even though Exxon’s net income fell more than 50 percent in 2016 as the company, like many …

Stand by for EPA head Scott Pruitt to denounce this as fake news: Atmospheric carbon dioxide levels hit a new high last year and have only continued to climb in the first two months of 2017, federal scientists reported Friday. The concentration of carbon dioxide in the atmosphere at a U.S. observatory in Hawaii rose by 3 parts per million …

The guy who sued the EPA thirteen times on the bidding of his fossil fuel cronies again denies CO2 causes climate change and people are shocked? CBS News reports: The head of the Environmental Protection Agency (EPA) said he does not believe that carbon dioxide is a main driver of climate change. “I think that measuring with precision human activity …

The International Business Times reports: The Department of the Interior announced Monday a proposal that would lease 73 million acres in the Gulf of Mexico for oil and gas exploration and development later this year, according to a statement. The massive amount of acreage, spread out across Alabama, Florida, Louisiana, Mississippi and Texas’ shores, would first be put up for …