The first Arctic well drilled jointly by Exxon and Rosneft is due to start this year, a sign that deepening cooperation between the two oil giants isn't being held back by continued bickering between the U.S. and Russian governments, according to Bloomberg.
NEW YORK (AP) — Exxon Mobil says the drive for higher living standards around the world will keep demand for electricity and transportation fuels growing even as economies get more efficient and governments put a price on pollution.
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.
Support for a review of any proposal to send Canadian oil sands crude through the Portland Montreal Pipe Line by Republican Sen. Kelly Ayotte of New Hampshire has environmentalists wondering if she will rethink her support for the Keystone XL project, E&E reports.
The Supreme Court heard arguments in a case that pits an electronics manufacturer against North Carolina landowners over groundwater pollution and whether a state statute takes precedence over federal law that exempts toxic waste cases from deadlines, E&E reports.
All four candidates vying for the Republican nomination to challenge Sen. Kay Hagan, D-N.C., in the November election said they didn’t think climate change was a fact, when asked the question in a debate Tuesday night, The Hill reports.
Arch Coal’s investment in DKRW’s proposed coal gasification plant has cost it $57 million, according to the annual report the company filed with the Securities and Exchange Commission, the Casper Star-Tribune reports.
The EU’s top energy official will discuss sending gas to Ukraine through Slovakia in negotiations Thursday, and on Monday Moscow hosts Kiev’s energy minister for talks on Russian gas prices for Ukraine, Reuters reports.
Phil Radford, who became the youngest person to head the American operation for Greenpeace, is departing after four years of working on broadening the environmental group’s reach, National Journal reports.
The Chinese Ministry of Environmental Protection has lifted an eight month ban on the country’s two biggest refiners starting new projects, after China National Petroleum Corp. and Sinopec met pollution targets, The Wall Street Journal reports.