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As Big Oil shrinks, boards plot different paths out of crisis
2016-02-07 13:30:25| Energy - Topix.net
As oil and gas companies cut ever-deeper into the bone to weather their worst downturn in decades, boards have adopted contrasting strategies to lead them out of the crisis. Crude prices have tumbled around 70 percent over the past 18 months to around $35 a barrel, leading to five of the world's top oil companies reporting sharp declines in profits in recent days.
As Big Oil shrinks, boards plot different paths out of crisis
2016-02-07 12:20:52| Oil & Gas - Topix.net
As oil and gas companies cut ever-deeper into the bone to weather their worst downturn in decades, boards have adopted contrasting strategies to lead them out of the crisis. Crude prices have tumbled around 70 percent over the past 18 months to around $35 a barrel, leading to five of the world's top oil companies reporting sharp declines in profits in recent days.
How big oil spent $10m to defeat California climate change legislation
2016-02-05 22:54:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: The oil industry spent more than $10m lobbying state lawmakers in a massive push to kill California climate change legislation last year, new disclosures have revealed. Much of the money spent by big oil was targeted at a specific piece of legislation, SB-350, that would have mandated a 50% reduction in gasoline use in the state by 2030 in addition other climate change initiatives. The bill was a marquee piece of legislation for Governor Jerry Brown and Democratic state leaders in advance of...
Tags: change
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Oil companies doled out big donations in climate bill fight
2016-02-02 08:09:56| Oil & Gas - Topix.net
Oil companies that convinced California lawmakers last year to abandon part of a landmark bill to fight climate change donated more than $250,000 to their campaigns for re-election in the second half of 2015 -- with more money going to Democrats than Republicans. Since the state Senate bars its members from accepting campaign checks in the final weeks of the legislative session, a large share of the money went to lawmakers in the state Assembly, with five assemblymembers receiving more than $10,000 each from Chevron, Exxon and Tesoro, campaign finance statements show.
Oil companies doled out big donations in climate bill fight
2016-02-02 07:52:16| Energy - Topix.net
Oil companies that convinced California lawmakers last year to abandon part of a landmark bill to fight climate change donated more than $250,000 to their campaigns for re-election in the second half of 2015 -- with more money going to Democrats than Republicans. Since the state Senate bars its members from accepting campaign checks in the final weeks of the legislative session, a large share of the money went to lawmakers in the state Assembly, with five assemblymembers receiving more than $10,000 each from Chevron, Exxon and Tesoro, campaign finance statements show.
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