Stories Tagged as
Oil industry
Exxon's public statements about climate change were misleading, Harvard study shows
by
Andy Uhler
Aug 23, 2017
Harvard University researchers say a review of Exxon Mobil documents show the company misled investors and the public about how much it knew about climate change. That’s already the subject of investigations by the attorneys general in New York and Massachusetts. Their report says that the internal communication between scientists at Exxon Mobile was drastically […]
Why the oil industry may be the most corrupt in the world
by
Scott Tong
Jul 31, 2017
Two cases of illegal payments and bribery came to light recently. One is against the oil services company Halliburton in Angola. The other involves a mining subsidiary of Glencore doing business in the Democratic Republic of Congo. With government heavily involved and centralizing many so-called extractive industries, drilling and mining are more prone to corruption […]
Trump calls for 'energy dominance' as US oil and gas exports keep rising
Jun 26, 2017
In yet another branded White House initiative, it’s Energy Week. President Trump will be focused on American “energy dominance,” and touting the boom in U.S. fossil fuels and plans to support and increase energy exports. A ban on exporting U.S. oil and gas was lifted under the Obama administration. Energy companies may appreciate less oversight and more […]
Energy companies look to tech to make oil production easier and cheaper
May 26, 2017
The technology changes will also affect the industry workforce.
Is selling half of the US petroleum reserve a good idea?
by
Scott Tong
May 23, 2017
The Trump administration in its budget proposes to sell off half of the country’s strategic reserve of crude oil. The idea is that putting more than 300 million barrels of energy onto the market could raise more than $16 billion over the course of a decade. Proponents note that the oil market is more open, […]
Regulator pressure kills Halliburton-Baker Hughes merger
May 2, 2016
The oil industry slowdown also helped derail the merger.
Working in the oil fields is dangerous
by
Annie Baxter
Sep 18, 2015
The fatality rate for oil workers is five times that of the overall work force.
For public good, not for profit.
It's not just big oil that's struggling
by
Kai Ryssdal
, Mukta Mohan
and Bridget Bodnar
Sep 17, 2015
Smaller companies are getting by plugging wells for customers.
Methane leaks are pollution — and waste
by
Annie Baxter
Aug 18, 2015
The EPA is issuing rules limiting methane leaks in the drilling, production and transportation of natural gas and oil.
BP reaches $18.7 billion settlement over 2010 spill
by
Kai Ryssdal
and Scott Tong
Jul 2, 2015
The deal brings the company's total liability to more than $40 billion.