International Energy Agency Chief Economist Fatih Birol said expanded oil sands production and use won't make a significant impact on climate change when compared with conventional oil emissions, The Globe and Mail reports.
In prepared testimony set for delivery next week, Steven Donziger, the lawyer who won an $18 billion judgment against Chevron in Ecuador and now faces fraud allegations, will acknowledge mistakes but question the validity of Chevron's allegations, The New York Times reports.
MADRID (AP) — A Spanish court on Wednesday acquitted all three people charged in the sinking of the Prestige oil tanker off Spain's northwestern coast 11 years ago, which triggered a major environmental catastrophe.
LAGOS, Nigeria (AP) — Amnesty International accuses Nigeria's biggest petroleum producer, Shell, of manipulating oil spill investigations and documents in cases where the rights group says the company has wrongly reported on the cause and volume of pollution devastating the Niger Delta and made false claims about cleanup measures.
Testifying before a federal judge, Nicolas Zambrano, a former Ecuadorean judge who ordered a $19 billion pollution ruling against Chevron Corp., rejected the company's allegation that he had outside help in writing his ruling, Bloomberg reports.
Biographer Robert Caro wrote of Lyndon B. Johnson in his "Master of the Senate" that Johnson had a "genius for studying a man and learning his strengths and weaknesses and hopes and fears," and a gift "for using what a man wanted, to get from him what he wanted, to sell the man on his point of view."
While there is no LBJ among today's climate change activists, they may be getting some traction in applying Johnson's principles. They are trying to get Wall Street's attention by talking about how global warming will hit stock portfolios.
A federal judge overseeing Chevron's fraud case against Ecuadorians who won a $19 billion pollution judgment heard testimony from a lawyer who helped finance the initial pollution case before leaving over concerns over how the case was being run, Bloomberg reports.
A former Ecuadorian judge who issued a $19 billion judgment against Chevron Corp. for alleged pollution testified in federal court that he and a fellow judge had taken bribes from the plaintiff's lawyers, Bloomberg reports.
The GOP chorus denouncing the Environmental Protection Agency move to lower the ozone standard was joined by House Majority Leader Rep. Kevin McCarthy, R-Calif., senior figures on the House Energy and Commerce Committee, as well as Sen. John Thune, R-S.D., who is chairman of the Republican Senate caucus, The Hill reports.
Ahead of the OPEC meeting in Vienna, oil prices recovered Wednesday from earlier drops triggered by word of a greater-than-expected increase in U.S. crude inventories as well as a comment from Saudi Arabia's oil minister that there would be no need for a production cut. West Texas Intermediate crude for January delivery slipped just 3 cents to $74.06 a barrel on the Nymex, while in London Brent was 5 cents lower to $78.28, Bloomberg reports.
Freeport LNG has closed on financing deals – from Japanese sources -- for two of three planned liquefaction trains at its export facility, and should begin construction on its plant in Quintana, Texas this week, with operation projected to start in 2018, FuelFix reports.
Uranium prices are on track for an 18 percent increase in 2014, which would be the first annual gain for the energy commodity in four years and make it the best performing category in the sector, Bloomberg reports.
Nearly all of the claims dealt with through the settlement process after the 2010 BP Gulf of Mexico spill were handled correctly, according to a third party audit released Tuesday by claims administrator Patrick Juneau, The Times-Picayune reports.
The legal fight over the Environmental Protection Agency’s Waters of the U.S. rule could revolve around what’s meant by the words “adjacent” and “neighboring,” as well as how the regulation defines a flood plain, E&E reports.
After a shareholder lawsuit filed to stop the $2.86 billion merger announced in June between C&J Energy Services and the fracking business of Nabors Industries, a judge in Delaware Tuesday ordered a 30-day suspension to allow for competing offers, but C&J said it would appeal, FuelFix reports.
Oncor’s proposal to install battery storage across the grid in Texas is coming in for criticism from a state lawmaker – Republican State Sen. Troy Fraser said his support for the $5.2 billion project came before he realized an increase in transmission rates would be part of the package, The Dallas Morning News reports.
Speaking about the failure of Google’s renewable energy project RE<C, two engineers, writing in IEE Spectrum recently, said trying to fight climate change using only existing technologies like wind and solar energy won’t work, Fox News reports.