Economy & Business

"In Shift, Exxon Mobil to Report on Risks to Its Fossil Fuel Assets"

"Energy companies have been under increasing pressure from shareholder activists in recent years to warn investors of the risks that stricter limits on carbon emissions would place on their business. On Thursday, a shareholder group said that it had won its biggest prize yet, when Exxon Mobil became the first oil and gas producer to agree to publish that information by the end of the month."

Source: NY Times, 03/21/2014

Biggest Lease Holder in Canada’s Oil Sands Is the Koch Brothers

"You might expect the biggest lease owner in Canada's oil sands, or tar sands, to be one of the international oil giants, like Exxon Mobil or Royal Dutch Shell. But that isn't the case. The biggest lease holder in the northern Alberta oil sands is a subsidiary of Koch Industries, the privately-owned cornerstone of the fortune of conservative Koch brothers Charles and David."

Source: Wash Post, 03/21/2014

"E-Mails Show Close Ties Between Duke, NC Regulators"

"Internal emails between staff at North Carolina's environmental agency suggest state regulators were coordinating with Duke Energy before intervening in efforts by citizens groups trying to sue the company over groundwater pollution leeching from its coal ash dumps."

Source: AP, 03/14/2014

"Duke CEO: All Customers Pay for Coal Ash Cleanup"

"CHARLOTTE, N.C. -- Duke Energy's CEO says while the company and its shareholders will pay to clean up a coal ash spill in the Dan River, its customers will shoulder the costs of closing the rest of the utility's coal ash ponds across North Carolina."

Source: AP, 03/10/2014

McCormick Specialized Reporting Institute on Shale Gas and Oil Development

SEJ invites U.S. journalists and educators to apply for fellowships to attend this expenses-paid Specialized Reporting Institute, June 22-24, 2014 at Carnegie Mellon University in Pittsburgh, PA. Come learn about an issue that regularly grabs national, regional and local headlines. The deadline to apply is April 15, 2014.

Visibility: 

Will More US Natural Gas To Europe 'Keep Putin in Check'? Doubtful.

"Republicans say faster approval of LNG export terminals could help check the influence of other suppliers, like Russia, and allow Europe to take a tougher diplomatic stance on Ukraine. Energy analysts say that would take years."

Source: Christian Science Monitor, 03/07/2014

Pages

Subscribe to RSS - Economy & Business