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Most Louisiana Refineries Running As Storm Cuts 70% Of Offshore Oil

2019-07-14 00:08:16| OGI

Tropical Storm Barry slowly moved on to the Louisiana coast and quickly weakened from hurricane strength on Saturday afternoon, leaving in its wake 70% of U.S. Gulf of Mexico oil production shut in, the U.S. government said.

Tags: of running oil storm


Storm Barry Cuts US Gulf Coast Oil Production In Half

2019-07-12 14:35:36| OGI

An intensifying tropical storm in the U.S. Gulf of Mexico cut more than half the region's oil production, with energy companies evacuating staff from offshore facilities and a coastal refinery.

Tags: half production oil coast


Asset Manager Sarasin Cuts Shell Stake, Criticizing Its Climate Strategy

2019-07-09 15:25:46| OGI

The sale is a rebuke of a landmark resolution between the Anglo-Dutch company and a large group of investors including Sarasin that outlined Shell's ambition to reduce carbon emissions.

Tags: manager strategy shell asset


Job cuts planned at troubled Woodford investment firm

2019-07-04 11:30:01| BBC News | Business | UK Edition

The firm of well-known fund manager Neil Woodford plans cuts after investors pulled out funds.

Tags: job firm investment planned


Chubb cuts coal insurance exposure because of climate change

2019-07-01 16:40:47| BBC News | Business | UK Edition

Insurance giant Chubb cuts exposure to the US coal sector that Donald Trump vowed to re-build.

Tags: change insurance exposure climate


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