Exxon Mobil Corp., a lightning rod for environmental activists since the Valdez oil spill a quarter-century ago, is appeasing some of its harshest critics by agreeing to disclose internal risk and cost assessments.
Bloomberg BNA — Exxon Mobil Corp. has agreed to publish a report describing its plans for a future in which market forces and stricter climate regulation may leave some of its carbon reserves unburnable.
Environmentalists fighting the Keystone XL pipeline are rallying to block a Maryland natural gas export terminal as momentum builds to use the U.S. fuel as a weapon against Russia’s intervention in Ukraine.
A Canadian company may have found a way to ship more oil across the U.S. border without becoming enmeshed in the red tape that’s tied up the proposed Keystone XL pipeline -- by relying on a permit it got four decades ago.
A decision on the proposed Keystone XL oil pipeline that has been under U.S. review for more than five years is facing additional questions from Senate Democrats who plan to ask for a study on the project’s health impact.
TransCanada Corp.’s proposed $7.6 billion Keystone pipeline system, which would take crude from Alberta’s tar sands down through the Midwest and on to Texas and the Gulf Coast refineries, could be scuttled because of concerns about its potential impact on a major aquifer in Nebraska.