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Stacks and burn-off from the Exxon Mobil refinery are seen at dusk in St. Bernard Parish, La.

2016-02-27 01:27:30| Chemicals - Topix.net

Refinery cutbacks supercharge gasoline Gasoline prices jump as refineries have reduced production and consumption increases. Check out this story on greenbaypressgazette.com: http://gbpg.net/210iYDn Gasoline prices jumped this week after data showed that U.S. gasoline stockpiles fell for the first time in almost four months, a sign that demand has finally caught up with supply.

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Why a Rockefeller Donated $400,000 in Exxon Shares to Nonprofits Fighting Climate Denial

2016-02-26 15:11:00| Climate Ark Climate Change & Global Warming Newsfeed

AlterNet: Divesting shares from companies or even nations involved in reprehensible practices has a long history. In the 1960s, a divestment movement emerged to protest South Africa, ultimately playing a key role in the ultimate dismantling of the country`s apartheid system. Today, nations such as Iran, Israel, Northern Ireland, Myanmar and Sudan are targets of similar divestment campaigns. In the corporate world, no other sector has been targeted so heavily by an international divestment campaign as the...

Tags: shares fighting climate denial

 
 

For Exxon and Shell, Age of Ultramajors Comes at the Wrong Time

2016-02-24 10:51:09| Oil & Gas - Topix.net

As oil and gas prices have tumbled, Exxon and Shell have been forced to retreat. With oil barely above $30 a barrel, they're cutting spending, including some costly, high-risk mega-projects.

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Exclusive: New York asks SEC to force climate vote onto Exxon proxy

2016-02-24 08:34:04| Chemicals - Topix.net

New York state's comptroller and four other Exxon Mobil shareholders asked the U.S. Securities and Exchange Commission this week to force the oil producer to include a climate change resolution in its annual shareholder proxy, according to a filing seen by Reuters. The move, the first since the Paris climate accord, ratchets up the tension between the world's largest publicly traded oil company and a growing chorus of investors concerned that climate change or legislation designed to curb it will harm Exxon's ability to operate profitably.

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Maryland Attorney General Suggests His Office May Investigate Exxon, Too

2016-02-24 00:50:00| Climate Ark Climate Change & Global Warming Newsfeed

InsideClimate: In response to a petition calling for an investigation of ExxonMobil, Maryland Attorney General Brian E. Frosh said his office will "hold accountable any individuals and corporations who have intentionally contributed" to climate change. Frosh made the strongly worded statement in an email to people who signed an online petition calling on his office and 15 other attorneys general to probe Exxon in connection with the company's history of climate denial. While Frosh didn't say an investigation is...

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