WASHINGTON, Feb 12 (Reuters) – A group of investors with
combined assets of over $200 billion filed shareholder
resolutions on Wednesday with ten energy companies, including
Exxon Mobil and Southern Co, demanding they
disclose their strategies for competing in a lower-carbon
Led by the New York State Comptroller’s office, which alone
handles $160 billion in assets, the investors focused on the
companies’ “carbon asset risk,” or the potential for their
carbon-intensive assets to lose value as market forces and
potential regulation threaten demand for fossil fuels and
WASHINGTON, Feb 11 (Reuters) – Poised to take the reins of
the Senate Energy and Natural Resources Committee, Senator Mary
Landrieu, a Louisiana Democrat and backer of the oil and gas
industry, said on Tuesday the United States is “on the brink of
something extraordinary” in energy development.
In a game of political musical chairs, Landrieu would take
over the energy panel from Oregon’s Ron Wyden, who will lead the
Senate Finance Committee after its chairman, Max Baucus of
Montana, was confirmed as the U.S. ambassador to China.
Dept of Energy to approve latest #LNG terminal – Sempra’s Cameron project: sources
WASHINGTON (Reuters) – Oil traders looking for cracks in a contentious decades-old U.S. ban on crude exports should be looking west, not east.
The first big cargoes to be shipped far overseas are likely to come from one of the country’s oldest oil patches, Alaska, rather than booming new shale fields like the Eagle Ford of Texas, or North Dakota’s Bakken.