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Exxon Calls Climate-Related Subpoenas an Assault on its Legal Rights

Exxon Calls Climate-Related Subpoenas an Assault on its Legal Rights

ExxonMobil Corp. will fight against a subpoena to try and see exactly what it has known about the effects of climate change, saying that the legal maneuver is an all-out assault on its constitutional rights. That’s what the Wall Street Journal is reporting, noting that Exxon is calling the efforts … Read more »

Algae Companies Ask EPA to Endorse Carbon Capture Efforts

Algae companies ready to bring their carbon capture and utilization efforts to the marketplace are asking the EPA to support the technology as a viable alternative to carbon capture and sequestration in its carbon pollution regulations, according to Environment & Energy Publishing. Algae companies need a large, constant amount of … Read more »

Policy & Enforcement Briefing: Shell, BP in Price Probe; Feds ‘Shielded’ Wind Firms

European Commission antitrust regulators are investigating Royal Dutch Shell, BP, Statoil and price reporting company Platts – a subsidiary of McGraw Hill Financial – over potential oil price manipulation. The probe is examining how price reporting companies help determine the cost of raw materials, Bloomberg says. The federal government is … Read more »

Shell, Statoil Projects ‘Could Push Climate to Point of No Return’

Shell, Statoil Projects ‘Could Push Climate to Point of No Return’

Shell, Gazprom, BHP and other fossil fuel companies are involved in 14 massive coal, oil and gas projects that would produce as much new carbon dioxide emissions in 2020 as is currently emitted by the entire US, and would delay action on climate change for more than a decade, according … Read more »

Clean Harbors Buys Safety-Kleen

Clean Harbors Buys Safety-Kleen

Clean Harbors Inc., a provider of environmental, energy and industrial services throughout North America, has acquired Safety-Kleen Inc., a provider of parts cleaning and environmental services and the largest re-refiner and recycler of used oil in North America. Clean Harbors purchased Safety-Kleen in an all-cash transaction valued at about $1.25 … Read more »

Contract Wins: Sumitomo, InterCore Energy, University of California, Aqua America, GEI Consultants

Sumitomo Corporation has bought GE’s share in the 550 MW Desert Sunlight Solar Farm under construction in the California desert, east of Palm Springs. This investment gives the Japanese-based company 25 percent ownership of the solar project, which, according to the US Department of the Interior, is the largest solar … Read more »

‘Ebay’ for Recycled Oil Readies for October Launch

StayGreen Oil, an online market place for used petroleum and plant-based oils, has so far collected over 3,000 gallons prior to a planned public launch in October. The web site, which allows buyers and sellers to interact through public auctions or via private requests for proposal, has been operating in a … Read more »

Delta Airlines Buys Oil Refinery to Control Fuel Prices

Delta Airlines has agreed to buy a refinery from oil giant ConocoPhillips in an effort to reduce its $300 million-a-year jet fuel bill. The airline announced Tuesday that its subsidiary Monroe Energy will buy a Phillips 66 refinery near Philadelphia for $150 million. Under the deal, the airline will receive … Read more »

Oil Prices Fall on US Economy Concerns

U.S. businesses may be waving goodbye to rising gas prices, according to figures from two surveys. The national average for a gallon of gasoline on Monday was $3.927 – a slip of two-tenths of a penny since Sunday, according to the AAA Daily Fuel Gauge Report, The Los Angeles Times … Read more »

BP Sustainability Report: Greenhouse Emissions, Energy Use Drop

BP Sustainability Report: Greenhouse Emissions, Energy Use Drop

Oil giant BP’s direct greenhouse gas emissions dropped from 64.9 million metric tons in 2010 to 61.8 Mte in 2011, according to the company’s latest combined annual and sustainability report. BP attributes the 3.1 Mte decrease – an almost five percent drop – to the temporary reduction in activity in … Read more »