Hundreds of executives and government officials from oil-producing nations around the world are gathering in Calgary this week, against the backdrop of growing global pressure to reduce greenhouse gas emissions.
Global energy giant Shell said on Thursday that its annual profits doubled to a record high last year as oil and natural gas prices soared after Russia's invasion of Ukraine.
BP’s earnings more than doubled in the third quarter as the London-based energy giant benefited from high oil and natural gas prices following Russia’s invasion of Ukraine.
The front lawn of Lydia Larce’s home is strewn with debris: Remnants of cabinets and chunks of pink shower marble lie between dumpsters. She lives in a FEMA trailer out back, her home in shambles more than a year after Hurricane Laura tore through Lake Charles.
The Kenney government’s two-year, $3.5-million inquiry into the foreign funding of environmental organizations found no “suggestion of wrongdoing on the part of any individual or organization.”
During a hearing Thursday, Democrats compared Big Oil's tactics to those long deployed by the tobacco industry to resist regulation “while selling products that kill hundreds of thousands of Americans."
Exxon Mobil said on Thursday, March 5, 2020, it plans to reduce the number of oil rigs operating in an oil-rich region in the Southwest and may cut planned capital expenditures as the spreading coronavirus saps energy demand.
