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Shell-BG tie-up could challenge market leader Exxon Mobil
2015-04-09 01:09:18| Chemicals - Topix.net
European petroleum giant Royal Dutch Shell has agreed to buy British rival BG Group for roughly $70 billion in a deal that could help the two companies battle low oil prices while pressuring market leader Exxon Mobil. Shell, which is based in the Netherlands and incorporated in London, said it would pay 47 billion British pounds for BG if allowed by regulators and the companies' shareholders.
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Experts, New Jersey officials say it could take years to put price tag on Exxon cleanup costs
2015-04-08 00:31:44| Oil & Gas - Topix.net
The price tag for cleaning up two petroleum refineries in northern New Jersey will cost Exxon Mobil much more than the $225 million settlement brokered by Gov. Chris Christie's administration, but critics of the proposal say it could be years until it's clear how much the company eventually will have to pay. The Department of Environmental Protection posted details of the proposed settlement with the Texas-based oil company on Monday but did not outline what it plans to do or how much the clean-up will cost.
Determining New Jersey Exxon cleanup costs could take years
2015-04-08 00:31:43| Oil & Gas - Topix.net
New Jersey Sen. Raymond J. Lesniak, D- Elizabeth, N.J., holds up petitions with over 15,000 signatures against New Jersey Gov. Chris Christie's announced settlement with Exxon Mobil Corp., Tuesday, April 7, 2015, in Linden, N.J. L... . New Jersey Sen. Raymond J. Lesniak, back right, D- Elizabeth, N.J., listens as Linden Mayor Derek Armstead speaks against New Jersey Gov. Chris Christie's announced settlement with Exxon Mobil Corp., Tuesday, April 7, 2015, in Lin... TRENTON, N.J. - The price tag for cleaning up two petroleum refineries in northern New Jersey will likely cost Exxon Mobil much more than the $225 million settlement brokered by Gov. Chris Christie's administration, officials say.
Determining New Jersey Exxon cleanup costs could take years
2015-04-08 00:31:42| Oil & Gas - Topix.net
New Jersey Sen. Raymond J. Lesniak, D- Elizabeth, N.J., holds up petitions with over 15,000 signatures against New Jersey Gov. Chris Christie's announced settlement with Exxon Mobil Corp., Tuesday, April 7, 2015, in Linden, N.J. Lesniak called the Christie administration's proposed $225 million settlement of New Jersey's $8.9 billion claim for restoration of damage and destruction in the areas of Exxon Mobil's refineries in Linden, Bayonne and other facilities, the biggest corporate giveaway in New Jersey history.
Determining New Jersey Exxon cleanup costs could take years
2015-04-08 00:00:35| Energy - Topix.net
The price tag for cleaning up two petroleum refineries in northern New Jersey will cost Exxon Mobil much more than the $225 million settlement brokered by Gov. Chris Christie's administration, but critics of the proposal say it could be years until it's clear how much the company eventually will have to pay. The Department of Environmental Protection posted details of the proposed settlement with the Texas-based oil company on Monday but did not outline what it plans to do or how much the clean-up will cost.
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