HOUSTON — Exxon Mobil and Royal Dutch Shell reported large increases in second-quarter profits on Thursday, benefiting from oil and gasoline prices that have been...
Article Context
Exxon and Shell post strong profits
Articles from 7.28.2011
Alberta offers C$285 million to carbon capture plan
CALGARY, Alberta, July 27 (Reuters) - The Alberta government said on Wednesday a carbon capture and storage project backed by a private company planning an unusual...
Massey Energy settles 7-year-old W. Va. coal slurry case
After a marathon mediation session that ended just before dawn today, mining company Massey Energy settled a 7-year-old lawsuit with hundreds of southern West Virginia...
Verizon turns to national lab for energy efficiency
Telecom companies have known for some time that their industry’s carbon footprint will grow and that presents an opportunity. Verizon announced on Wednesday it will turn...
Articles from 7.27.2011
U.S. rules seen shutting 20 percent of coal power capacity
NEW YORK (Reuters) - The U.S. power industry will probably retire up to 20 percent of the country's coal-fired electricity generating capacity this decade, due to...
Negotiators nearing deal on mileage for vehicles
DETROIT — The Obama administration and automakers are nearing an agreement to increase fuel economy standards for vehicles to 54.5 miles per gallon by
Activist who faked Utah energy lease bids sentenced to 2 years
Tim DeChristopher is also fined $10,000 for winning bids on 22,000 acres in Utah that he couldn't pay for at a federal energy auction. A Utah man lionized by...
Montana launches $85 million carbon storage project
SALMON, Idaho (Reuters) - The federal government has given final approval to an $85 million, eight-year pilot project to inject a million tons of carbon dioxide, a major...
Ford polls Facebook on EV sounds
Focus groups get used all the time for product design, but Ford is using more of an unfocused group to pick an artificially generated sound for its upcoming, ahem, Focus...
House passes bill to force Obama decision on Keystone XL Canada-to-Texas pipeline
House Republicans approved legislation Monday to force the Obama administration to make a decision in the coming months on a controversial proposed pipeline project that...
EPA delays smog rule for fourth time
WASHINGTON (Reuters) - The Environmental Protection Agency said on Tuesday it would again delay issuing a final limit on smog pollution opposed by manufacturers and many...
First Solar sets CdTe efficiency record: 17.3 percent
First Solar Tuesday announced that it has produced a cadmium telluride solar cell with a 17.3 percent efficiency, shattering a ten year old record set by NREL. The old...
A123 scores battery deal for wind power in China
Lithium ion battery maker A123 Systems will have grid storage system coupled with wind turbine installed for tests in China.
Articles Related by Topic
China the frontrunner to buy Exxon out of Iraq oil
BEIJING/LONDON, Dec 20 (Reuters) - China National Petroleum Corp (CNPC) has emerged as the frontrunner to take over Iraq's West Qurna-1 oilfield from Exxon Mobil, a...
Shell, Total seek more EU support for CCS, citing low carbon price
Royal Dutch Shell Plc (RDSA) and Total SA (FP) are among a group asking the European Union to boost support for projects to trap and bury carbon as low prices in the...
Exxon reports $9.4 billion profit
NEW YORK (CNNMoney) -- Exxon reported a 2% rise in fourth-quarter earnings Tuesday as higher oil prices offset declining production volumes.
Exxon Mobil profit jumps 41 percent
Exxon Mobil's quarterly profit rose 41 percent because the company sold oil and natural gas at higher prices, making up for lower production. Exxon Mobil sold oil in...
Shell profit doubles on higher energy prices, new projects
Royal Dutch Shell Plc, Europe's biggest oil company, said third-quarter profit doubled as energy prices rose and it ramped up projects from Qatar to Canada.
Exxon wins prized access to Arctic with Russia deal
MOSCOW — Exxon Mobil won a coveted prize in the global petroleum industry Tuesday with an agreement to explore for oil in a Russian portion of the Arctic Ocean that is...
Exxon says Montana pipeline repairs to take weeks
HOUSTON (Reuters) - Exxon Mobil Corp is working on a plan to repair and restart a ruptured Montana pipeline that spilled up to 1,000 barrels of crude into the Yellowstone...
Shell shifts biofuel technology focus to Brazil sugarcane waste
Royal Dutch Shell Plc (RDSA), the world’s biggest distributor of biofuels, is shifting research to waste from sugar-cane farming after ending an algae project in Hawaii.
Financial Times: OPEC could reap $1 trillion this year
The Organization of the Petroleum Exporting Countries (OPEC) is set to make a record-breaking $1 trillion in export revenues this year if crude oil prices remain above...
Industry's inability to prove it can contain blowouts is holding up drilling permits, says government
AP - Deepwater permits in the Gulf of Mexico have been withheld largely because the industry is unable to prove it could contain another major blowout at the bottom of the...
More Coverage: The Hill's E2 Wire
Shell: We'll produce more gas than oil by 2012
Slowly but surely, the energy landscape in America and around the globe is changing. Crude is still king, but oil and gas companies are increasingly folding in more and...
Obama administration OKs review of Shell Oil's Arctic sea project
WASHINGTON -- The U.S. Interior Department will resume reviewing Shell Oil's plans to drill for oil in the Beaufort Sea next summer and will consider other Arctic...
Stay connected.