"Profit Down at BP, Which Predicts Era of Low Oil Prices"
"The British oil giant BP said on Tuesday that its profit was down sharply in the third quarter as depressed oil prices took a heavy toll."
Source: NY Times, 10/28/2015
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"Chinese Firm To Buy Texas Oil Fields"
"A Chinese development firm is buying oil fields in western Texas for more than $1 billion."
Source: The Hill, 10/28/2015
"Nearly Half of Senate Challenges Obama Carbon Rules"
"Nearly half of the U.S. Senate supports a resolution to challenge the Obama administration's regulation cutting carbon emissions from power plants, the core of the United States' broader climate change strategy, sponsors of the measure said on Tuesday." President Obama will veto the measure, which lacks votes for an override.
Source: Reuters, 10/28/2015
"Kochs Among Top Donors To Industry Ally Ryan"
"Rep. Paul Ryan (R-Wis.), now officially running for speaker of the House, is awash in energy industry donations, an indication of his policy views and allegiances."
Source: E&E Daily, 10/26/2015
"Clean Power Plan: States, Industries Launch Legal Assault"
"The legal onslaught against the Obama administration's Clean Power Plan kicked off [Friday] as 25 states, industry and labor groups challenged the rule in court."
Source: Greenwire, 10/26/2015
ExxonMobil Targets Journalists, Activists After Climate Change Probe
"After an investigation found that ExxonMobil has been funding climate-denying organizations — despite the findings of its own scientists on climate change—the world’s fourth-largest oil company is now going after the journalists who revealed it."
Source: Motherboard, 10/26/2015
Enviros, Energy Companies Lobby Administration on Coming Methane Rule
"Environmentalists and energy companies are trying to influence the Obama administration’s plan for thwarting an oil industry practice of venting and burning natural gas at some wells."
Source: FuelFix, 10/23/2015
"OPEC Nations Plan To Join U.N. Climate Drive"
"OPEC members Iran and Saudi Arabia, the top greenhouse gas emitters yet to submit national strategies for tackling climate change, say they will do so before a U.N. summit in December in a sign of widening participation even by oil producers."
Source: Reuters, 10/23/2015
States Begin to Comply with Clean Power Plan, While Planning to Sue
"As the Obama administration's carbon rules become final, states weigh fighting vs complying. ‘We can’t count on winning the lawsuit,’ one official says."
Source: InsideClimate News, 10/23/2015
"Pulp Fiction: Warming the Planet"
"As the world tries to shift away from fossil fuels, the energy industry is turning to what seems to be an endless supply of renewable energy: wood. In England and across Europe, wood has become the renewable of choice, with forests — many of them in the U.S. — being razed to help feed surging demand. But as this five-month Climate Central investigation reveals, renewable energy doesn’t necessarily mean clean energy. Burning trees as fuel in power plants is heating the atmosphere more quickly than coal."
Source: Climate Central, 10/22/2015
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