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Tag: exxon
Exxon leads the charge on the 'carbon bubble'
2014-03-25 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Globe and Mail: Exxon Mobil Corp. is leading a parade of energy companies that will confront the issue of the so-called "carbon bubble" - the idea that fossil-fuel assets such as Canada's oil sands are overvalued and risky for investors in a world that must reduce its greenhouse gas emissions. In an agreement with institutional shareholders, Exxon has agreed to disclosure by the end of March of how climate change regulations could affect the value of its worldwide assets, including its major holdings in Alberta's...
Tags: charge
leads
carbon
bubble
Exxon to disclose extent of its carbon asset exposure
2014-03-25 14:31:00| Climate Ark Climate Change & Global Warming Newsfeed
New Scientist: Oil giant Exxon Mobil has promised to reveal how much of its fossil fuel reserves could become worthless if governments agree to cut greenhouse gas emissions. It is the first major fossil fuel company to declare the size of its exposure to the so-called carbon bubble - the over-valuation of fossil fuel companies that could result if their assets are left unused. To save ourselves from the worst impacts of global warming, we have to leave fossil fuels in the ground instead of burning them. But...
Tags: extent
exposure
asset
carbon
Why Oil Drilling Is Both Safer And Riskier Since Exxon Valdez
2014-03-25 10:39:26| Energy - Topix.net
A lot has changed for the energy industry since the Exxon Valdez hit a reef in 1989 and began spilling oil into Alaska's Prince William Sound.
Tags: since
oil
safer
drilling
Houston ship lane remains shut as cleanup drags on; Exxon cuts output
2014-03-25 07:32:00| Oil & Gas - Topix.net
The closure of the vital Houston Ship Channel looked set to extend to a fourth day after the Coast Guard struggled to finish cleaning up after an oil barge spill on Monday, threatening to force deeper production cuts at local refiners.
Tags: remains
ship
output
lane
With Closed Ship Channel, Exxon Reduces Refinery Runs
2014-03-25 07:06:00| OGI
The Coast Guard reported March 24 that 46 outbound and 47 inbound vessels are in the queue for transit in the Port of Houston.
Tags: closed
channel
ship
runs
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