MEXICO CITY (AP) — A Mexican senate committee on Saturday proposed the most dramatic oil reform in decades that would open the country's beleaguered, state-run sector to private companies and investment.
NEW YORK (AP) — Exxon Mobil reported its lowest quarterly profit in more than three years, as the oil and gas giant again struggled to boost production and results from its refining operations weakened.
A record of a Feb. 21 meeting revealed the White House Office of Management and Budget met with oil companies including Shell, Exxon and BP to discuss federal rules governing hydraulic fracturing, The Hill reports.
Liberal groups Oil Change International and The Other 98% have released an ad attacking Exxon, saying the company "hate[s] your children." The groups are pushing for an end to taxpayer support of fossil fuel companies, The Hill reports.
Al-Monitor reports that according to As-Safir, discovery of substantial oil fields in the eastern Mediterranean has Chevron, Exxon and other major oil companies preparing to get in line and bid for rights to explore.
Montana officials said they are investigating several sites with suspected oil left over from an Exxon Mobil pipeline break last year, but recent tests showed at least one such site downstream of the spill is oil-free, The Associated Press reports.
The Supreme Court will hear arguments tomorrow on the EPA's rule to limit cross-border sulfur dioxide and nitrogen oxide pollution, while a federal appeals court takes up the agency's mercury pollution rule, Bloomberg reports.
TransCanada said it began moving oil into the southern portion of the Keystone XL pipeline, the first step for the pipeline to deliver oil from Cushing, Okla. to Gulf Coast refineries, FuelFix reports.
White House Council on Environmental Quality Deputy Director Gary Guzy said he would leave his post this month to begin work at international law firm Convington and Burling next year, The Hill reports.
Democratic governors from Northeastern and mid-Atlantic states urged the EPA to regulate air pollution from states in the Midwest and South, arguing the wind-blown emissions threaten their citizens' health, Reuters reports.
The Environmental Protection Agency's draft 2014-2018 strategic plan suggests the agency will limit in-person inspections and litigation against polluters as it increases its focus on preventing pollution by encouraging new technology, E&E reports.
Assistant Secretary of State for Oceans and International Environmental and Scientific Affairs Kerri-Ann Jones met with representatives from five major environmental groups to hear their concerns about the Keystone XL pipeline and the State Department's pending environmental impact statement, FuelFix reports.