Aside from the astroturf nature of the planned events, which appear aimed at passing off industry employees as independent citizens, the memo also raises questions about the positions of several
major oil companies on the issue of climate change.
In 2004, Goldman Sachs unveiled its Energy Environmental and Social Index, which ranked ExxonMobil ranked dead last among
the major oil companies on climate change and 12th out of 23 total, behind BP, Royal Dutch Shell, BG, ENI, OMV, Repsol, Amerada Hess, and Chevron Texaco.
Not exact matches
For pipeline
companies with
major proposals
on the table, such as TransCanada and Enbridge, falling
oil prices are a game changer of the same magnitude that rising prices were a decade ago.
With exploration budgets down,
major oil companies will rely
on acquisitions to replace up to half of their reserves, according to energy consultancy firm Wood Mackenzie.
NEW YORK (Reuters)- Wall Street fell
on Monday as healthcare stocks slid and investors worried about rising costs for
companies as
oil prices rose, although the
major indexes eked out a gain in April to snap a two - month losing streak.
KUALA LUMPUR (Reuters)- Saudi
oil giant Aramco will buy an equity stake in Malaysian firm Petronas»
major refining and petrochemical project, the
companies said
on Tuesday, pumping in $ 7 billion in its biggest downstream investment outside the kingdom.
A few years ago we worked
on a «future of gas stations» project for a
major oil company.
Companies with heavy exposure to Russia, such as steelmaker Evraz PLC EVR, +2.94 % and
oil giant BP PLC BP., -0.64 % BP, +0.07 % were among
major decliners
on Monday, down 7 % and 1.6 %, respectively.
Most of China's crude imports are bought
on long - term contracts between China's
major oil companies and foreign national
oil companies.
Five
major oil and gasoline
companies made YouGov BrandIndex's ranking of the top 20 consumer perception gainers for the month of May, most likely
on the coattails of easing gas prices.
Abu Dhabi's state - owned
oil company on Monday announced plans to publicly list parts of its business and seek new partnerships with
oil majors.
With lower prices forcing many
oil companies to take
on more debt, the bankruptcy or closure of one or more
major oil companies is not an impossible scenario, and would have
major repercussions
on oil prices, both in the short and long term.
(Not the one with Down's Syndrome, the one who volunteered to go fight a pointless and shameful war
on behalf of big
oil companies and other
major corporate interests.)
Interestingly, CNPC was bidding against established
oil majors; the
company not only cleanly outbid every rival, it also paid the cash strapped Kazakh government a generous bonus upfront and conducted feasibility studies
on a pipeline to Xinjiang, offering the Kazakhs a non-Russian export line.
The executives of ten
major energy
companies, worth a combined # 400 billion, are set to take part in the initiative, working together
on issues such as environmentally sensitive
oil exploration, electricity interconnection, and stable long - term
oil and gas supplies.
The activities of the Niger Delta Avengers which have taken an upward trend recently have however been a
major source of concern to the country as
oil companies had resorted to declaring a force majeure
on their operations in the region.
WASHINGTON (Reuters)- More
oil than previously thought may have leaked into Lake Michigan this week from BP Plc's Indiana refinery, the
company said
on Thursday, after two U.S. Senators requested a meeting with the British
oil major.
Researchers analyzed the finances of a
major palm
oil company to determine the impacts of conserving land
on biodiversity and profits.
The carbon entity data allows for the differentiation between carbon emissions, produced and marketed by each of the 90
major multi-national and state - owned coal,
oil and gas
companies (and their predecessors), and the total human attribution
on climate change impacts.
This model is based
on the A45 AMG Edition 1 and was built as a tribute to the Petronas
oil company, Mercedes - Benz's
major sponsor in F1.
Many independent gas station owners have been feuding over prices with
major oil companies since the beginning of the Persian Gulf conflict, and a cease - fire
on that front appears nowhere in sight.
Instead, the view is much more bucolic, the local Anangu Kichwa have jobs and a future for their kids, the outside world gets to see what is going
on instead of the
oil companies having free rein, and a
major chunk of the Amazonian rainforest has eyes
on the river.
Even
major oil and power
companies are recognizing that the world is moving toward constraints
on carbon emissions and planning those constraints into their long range financial plans.
Members of an American Petroleum Institute task force
on CO2 included scientists from nearly every
major oil company, including Exxon, Texaco and Shell.
In addition, UCS members are calling
on Congress to immediately repeal tax breaks for ExxonMobil and other
major oil companies and redirect that money to renewable energy programs and energy efficiency technologies that will help fight global warming.
Final word
on windfall profits, the US can not tax foreign generated income which is a
major component of
oil companies revenues especially in the
oil services sector.
A perfect example of this was
oil major ExxonMobil's March response to shareholders
on managing climate risk, which made clear that the
company has no expectation of government regulations that would strand its
oil and gas reserves in the ground and would spend millions and even billions to continuing digging, literally, for more hydrocarbon reserves.
I started out providing the forecasts to those operating and eventually moved
on to manage offshore operations for a
major oil company.
«More than two dozen of the nation's biggest corporations, including the five
major oil companies, are planning their future growth
on the expectation that the government will force them to pay a price for carbon pollution as a way to control global warming.»
NEWS: Leading investor put four
major companies on its banned list for links to environmentally destructive palm
oil plantations
Most
major oil companies have gone
on record preferring carbon taxes over increased regulations.
'' Two degree scenarios need to become the new default setting for how
companies report
on their future business strategy — it's not clear what the
oil majors are so afraid of that they resist focusing
on a smaller higher margin business.»
But a recent report by the environmental research group CDP revealed that at least 29
major companies, including five
major oil producers, are basing their internal planning
on the assumption that such policies — specifically, a government - mandated carbon price — will be a reality as soon as 2020.
US District Judge William Alsup has asked lawyers representing San Francisco and Oakland, Calif., and those representing five
major oil companies, to conduct research
on the science of global warming and present their findings in a federal hearing.
Now ExxonMobil — the only
major oil company to deny the reality of climate change — has joined the coal industry to finance the skeptics, confuse the public and undermine the work of 2,000 scientists from 100 countries
on the IPCC.
The first, is a
major focus
on mapping out the implications of the energy transition involved for key stakeholders, with a focus
on coal,
oil and gas sectors,
on capital expenditure by
companies and scenario planning around demand and supply.
With a decision that could have far - reaching implications, a federal judge in California has ordered the first ever U.S. court hearing
on climate science for a «public nuisance» lawsuit, meaning that
major oil and gas
companies for the first time may have to go
on the record regarding what they knew about the planetary impacts of their products — and when.
When ExxonMobil's Pegasus pipeline ruptured
on March 29, the
company announced that no
oil had leaked into Lake Conway, a
major recreational reservoir just nine - tenths of a mile from the spill site in central Arkansas.
(Being from Houston, I kind of follow the official positions of the
major oil and gas
companies on climate change; and you'd actually be surprised how frank many
oil companies are.
The carbon entity data allows for the differentiation between carbon emissions, produced and marketed by each of the 90
major multi-national and state - owned coal,
oil and gas
companies (and their predecessors), and the total human attribution
on climate change impacts.
He has authored a number of Carbon Tracker's
major reports
on these sectors, including the Carbon Supply Cost Curves series, scenario analysis of the
oil refining industry in Margin Call, and exploring transition risk at the
company level in 2 Degrees of Separation.
Besides,
oil companies have given more money to fund research
on alternative energy than they have to deniers, so why give big money to deniers and hand alarmists a
major PR coup?
The Church recently called
on two
major oil companies, BP and Shell, to be more transparent about their policies
on climate change.
In a report last year
on how
oil majors are addressing global warming emissions, Ceres gave Exxon a 35 the worst of any
company.
Wiese told several hundred
oil and gas pipeline compliance officers that his agency, the Pipeline and Hazardous Materials Administration (PHMSA), has «very few tools to work with» in enforcing safety rules even after Congress in 2011 allowed it to impose higher fines
on companies that cause
major accidents.
The bill removes taxpayer handouts to
oil, gas, and coal
companies, places a moratorium
on almost all
major fossil fuel projects, and phases out fossil fuels from the nation's energy system over the next 30 years.
Pursuing a breach of warranty claim
on behalf of a
major oil company where damage total in excess of $ 9 million
Alison Wilson Qualified: 2005 Made partner: 2014 Key cases: Advising a
major bank
on an FCA investigation into its handling of PPI complaints; advising Standard Chartered Bank in its successful claim against the Ceylon Petroleum
Company in connection with
oil derivatives; advising a
major bank
on a multijurisdictional fraud perpetrated against it by a hedge fund manager, including civil claims and associated criminal investigations.
Phillip Ashley Qualified: 2004 Made partner: 2014 Key cases: Acting in significant High Court disputes for a variety of
major oil companies, including GdF Suez, Shell and Premier Oil (concerning assets in UK); acting on one of the UK's highest profile High Court oil and gas disputes, between subsidiaries of ConocoPhillips and Centrica relating to the purported termination of transportation and processing services for a $ 700m development by ConocoPhilli
oil companies, including GdF Suez, Shell and Premier
Oil (concerning assets in UK); acting on one of the UK's highest profile High Court oil and gas disputes, between subsidiaries of ConocoPhillips and Centrica relating to the purported termination of transportation and processing services for a $ 700m development by ConocoPhilli
Oil (concerning assets in UK); acting
on one of the UK's highest profile High Court
oil and gas disputes, between subsidiaries of ConocoPhillips and Centrica relating to the purported termination of transportation and processing services for a $ 700m development by ConocoPhilli
oil and gas disputes, between subsidiaries of ConocoPhillips and Centrica relating to the purported termination of transportation and processing services for a $ 700m development by ConocoPhillips.
Represented
major integrated
oil and gas
company in lawsuit filed by employee due to injuries sustained in accident
on a rig off the coast of Equatorial Guinea.