Oil Industry Expresses Concern, Not Alarm, About Biden Comments

After the candidate called for a “transition” away from oil and gas, executives said the country would need fossil fuels for decades to come.

#alternative-and-renewable-energy, #biden-joseph-r-jr, #carbon-capture-and-sequestration, #coal, #debates-political, #energy-and-power, #global-warming, #greenhouse-gas-emissions, #labor-and-jobs, #natural-gas, #oil-petroleum-and-gasoline, #pennsylvania, #presidential-election-of-2020, #shale, #texas, #united-states

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A Debate Pledge to ‘Transition’ From Oil Puts Climate at Center of Campaign Finale

Joseph R. Biden Jr.’s debate statement that he would “transition” the country away from oil gave President Trump an opening and thrust climate change center stage.

#biden-joseph-r-jr, #debates-political, #environment, #global-warming, #greenhouse-gas-emissions, #oil-petroleum-and-gasoline, #pennsylvania, #presidential-election-of-2020, #texas, #trump-donald-j, #united-states-economy, #united-states-politics-and-government

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For Long-Term Investors, Small Things Like Presidential Elections Don’t Matter

There is heartbreak almost everywhere you look, our columnist says, but the stock market usually rises anyway.

#amazon-com-inc, #coronavirus-2019-ncov, #corporate-taxes, #democratic-party, #dimensional-fund-advisors, #exxon-mobil-corp, #federal-taxes-us, #high-net-worth-individuals, #infrastructure-public-works, #oil-petroleum-and-gasoline, #presidential-election-of-2020, #regulation-and-deregulation-of-industry, #republican-party, #sp-dow-jones-indices, #standardpoors-500-stock-index, #stocks-and-bonds, #united-states-economy, #united-states-politics-and-government

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The Mysteries of the American-Saudi Alliance

Two new books, David H. Rundell’s “Vision or Mirage” and Bradley Hope and Justin Scheck’s “Blood and Oil,” offer insights into an enigmatic country.

#blood-and-oil-mohammed-bin-salmans-ruthless-quest-for-global-power-book, #books-and-literature, #hope-bradley, #mohammed-bin-salman-1985, #oil-petroleum-and-gasoline, #politics-and-government, #rundell-david-h, #saudi-arabia, #scheck-justin, #united-states-international-relations, #vision-or-mirage-saudi-arabia-at-the-crossroads-book

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Chevron’s Purchase Could Unlock Israel’s Natural Gas Bonanza

The oil giant’s takeover of Noble Energy gives it a foothold in an emerging energy hot spot: the eastern Mediterranean Sea.

#chevron-corporation, #delek-drilling-lp, #international-trade-and-world-market, #israel, #mediterranean-sea, #mergers-acquisitions-and-divestitures, #natural-gas, #noble-energy-inc, #oil-petroleum-and-gasoline, #turkey, #wirth-michael-k

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Venezuela, Once an Oil Giant, Reaches the End of an Era

Venezuela’s oil reserves, the world’s largest, transformed the country and the global energy market. Now its oil sector is grinding to a halt — perhaps never to recover.

#caracas-venezuela, #chavez-hugo, #maduro-nicolas, #nationalization-of-industry, #oil-petroleum-and-gasoline, #oil-spills, #organization-of-the-petroleum-exporting-countries, #pdvsa, #reserves-natural-resources

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New Jersey Gas Tax Spikes Because of Coronavirus Impact

Taxes on gasoline and diesel increased by 9.3 cents a gallon on Thursday in a state once known for bargain fuel. The increase came a month after tolls on major roadways also went up.

#bridges-and-tunnels, #budgets-and-budgeting, #gasoline-tax-us, #infrastructure-public-works, #new-jersey, #oil-petroleum-and-gasoline, #politics-and-government, #roads-and-traffic

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California Plans to Ban Sales of New Gas-Powered Cars in 15 Years

The proposal would speed up the state’s efforts to fight global warming at a time when California is being battered by wildfires, heat waves and other consequences of climate change.

#automobiles, #california, #electric-and-hybrid-vehicles, #environment, #fuel-emissions-transportation, #global-warming, #greenhouse-gas-emissions, #newsom-gavin, #oil-petroleum-and-gasoline, #regulation-and-deregulation-of-industry

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U.S. and European Oil Giants Go Different Ways on Climate Change

While BP and other European companies invest billions in renewable energy, Exxon and Chevron are committed to fossil fuels and betting on moonshots.

#alternative-and-renewable-energy, #bp-plc, #carbon-capture-and-sequestration, #carbon-dioxide, #chevron-corporation, #exxon-mobil-corp, #global-warming, #greenhouse-gas-emissions, #hydrocarbons, #natural-gas, #oil-petroleum-and-gasoline

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A New Ship’s Mission: Let the Deep Sea Be Seen

A giant new vessel, OceanXplorer, seeks to unveil the secrets of the abyss for a global audience.

#bridgewater-associates, #cameron-james, #dalio-raymond-1949, #diving-and-divers, #documentary-films-and-programs, #fish-and-other-marine-life, #oceans-and-seas, #oil-petroleum-and-gasoline, #robots-and-robotics, #science-and-technology, #ships-and-shipping, #your-feed-science

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The Future of Energy

Daniel Yergin’s “The New Map” is a comprehensive look at the world of energy, its past, present and future.

#books-and-literature, #global-warming, #international-trade-and-world-market, #natural-gas, #oil-petroleum-and-gasoline, #the-new-map-energy-climate-and-the-clash-of-nations-book, #yergin-daniel

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Trump, Calling Himself ‘the No. 1 Environmental President,’ Green Washes His Record

President Trump traveled to Florida to declare himself “a great environmentalist,” extending a moratorium on offshore oil drilling that his administration had moved to end.

#biden-joseph-r-jr, #environment, #jupiter-fla, #land-use-policies, #offshore-drilling-and-exploration, #oil-petroleum-and-gasoline, #polls-and-public-opinion, #presidential-election-of-2020, #trump-donald-j, #united-states-politics-and-government

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Up Is Down in This Fun Physics Experiment

The liquid levitates, and a boat floats along its bottom side.

#chemistry, #nature-journal, #oil-petroleum-and-gasoline, #physics, #research, #water

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Snapped Poles, Shredded Roofs: A Long Road to Recovery After Laura

Hurricane Laura ravaged southwestern Louisiana, leaving weary residents to assess the toll and map a way forward. Some communities may be four weeks away from even getting power back.

#buildings-structures, #coronavirus-2019-ncov, #evacuations-and-evacuees, #floods, #home-repairs-and-improvements, #hurricane-laura-2020, #hurricanes-and-tropical-storms, #lake-charles-la, #louisiana, #oil-petroleum-and-gasoline, #wind

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Turkey and Greece Have Let Their Latest Feud Get Too Hot

It’s time to listen to Germany and take a step back.

#cyprus, #erdogan-recep-tayyip, #european-union, #greece, #north-atlantic-treaty-organization, #oil-petroleum-and-gasoline, #politics-and-government, #turkey, #united-states-international-relations

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Hurricane Laura Passed, but Disaster Still Looms for Texas

We survived Hurricane Laura, but the Gulf Coast needs better surge protections for the next one.

#global-warming, #hazardous-and-toxic-substances, #hurricane-laura-2020, #hurricanes-and-tropical-storms, #nuclear-energy, #oil-petroleum-and-gasoline

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Laura Hits Petrochemical Region, and a Factory Goes Up in Flames

The hurricane rolled over a coast studded with oil, gas and chemical plants. Other storms have caused the release of toxic substances, often affecting minority communities.

#environment, #global-warming, #greenhouse-gas-emissions, #hazardous-and-toxic-substances, #hurricane-laura-2020, #hurricanes-and-tropical-storms, #louisiana, #oil-petroleum-and-gasoline, #port-arthur-tex, #sasol-ltd, #texas

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Rising Tensions Between Turkey and Greece Divide E.U. Leaders

Conflict over drilling rights to massive natural-gas deposits in the eastern Mediterranean is becoming increasingly militarized, risking a conflict between two NATO members.

#defense-and-military-forces, #european-union, #greece, #mediterranean-sea, #oil-petroleum-and-gasoline, #turkey

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Three Trump Supporters Have a New Target: Germany

The United States needs allies. Punishing Berlin over a Russian gas pipeline is a needless provocation.

#embargoes-and-sanctions, #european-union, #germany, #international-trade-and-world-market, #natural-gas, #oil-petroleum-and-gasoline, #pipelines, #pompeo-mike, #united-states-international-relations

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The Risks if Biden Loses

A reader calls the former vice president our best hope to right the wrongs of the last four years. Also: Oil leasing in the Arctic refuge; Lori Loughlin’s jail sentence; prisoner firefighters; Trump donors.

#arctic-national-wildlife-refuge, #biden-joseph-r-jr, #california, #campaign-finance, #college-admissions-scandal-2019, #fires-and-firefighters, #loughlin-lori, #oil-petroleum-and-gasoline, #presidential-election-of-2020, #trump-donald-j, #united-states-politics-and-government

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Marco Nears Louisiana as Laura Rakes Cuba: Live Updates

Damaging storms on converging tracks threaten to strike the U.S. Gulf Coast in quick succession after plowing through the Caribbean.

#coronavirus-2019-ncov, #disasters-and-emergencies, #gulf-of-mexico, #hurricanes-and-tropical-storms, #louisiana, #oil-petroleum-and-gasoline, #tropical-storm-laura, #tropical-storm-marco, #weather

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How to Reverse Course on Trump’s Environmental Damage

The next president can undo some of the recent efforts to weaken environmental protections. But it’ll take work.

#biden-joseph-r-jr, #environmental-protection-agency, #executive-orders-and-memorandums, #fuel-efficiency, #global-warming, #greenhouse-gas-emissions, #obama-barack, #oil-petroleum-and-gasoline, #trump-donald-j, #united-states-politics-and-government

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Climate Activists Gain Seats on Harvard Oversight Board

The candidates were the first ones elected through a petition campaign since 1989, when anti-apartheid activists put Archbishop Desmond Tutu on the panel.

#boycott-divestment-and-sanctions-bds, #environment, #global-warming, #greenhouse-gas-emissions, #harvard-university, #oil-petroleum-and-gasoline

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Trump Meets With Iraqi Leader Amid Negotiations Over U.S. Troop Levels

Prime Minister Mustafa al-Kadhimi’s visit to the White House is largely focused on negotiations, which started in May, on resetting the United States military mission in Iraq.

#defense-and-military-forces, #defense-department, #iran, #iraq, #islamic-state-in-iraq-and-syria-isis, #kadhimi-mustafa-al, #oil-petroleum-and-gasoline, #syria, #terrorism, #trump-donald-j, #united-states-defense-and-military-forces, #united-states-international-relations, #united-states-politics-and-government

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Trump Administration Finalizes Plan to Open Oil Drilling in Alaska’s Arctic Refuge

The decision sets up a fierce legal battle over the fate of a vast, remote area that is home to polar bears, caribou and the promise of oil wealth.

#alaska, #arctic-national-wildlife-refuge, #environment, #federal-lands, #interior-department, #oil-petroleum-and-gasoline, #united-states-politics-and-government

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Anger Mounts Over Mauritius Oil Spill

Islanders have joined together in an effort to contain an estimated 1,000 tons of fuel oil that leaked into the waters surrounding the picturesque nation off Africa’s eastern coast.

#africa, #environment, #mauritius, #oil-petroleum-and-gasoline, #oil-spills

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Europe’s Big Oil Companies Are Turning Electric

Under pressure from governments and investors, industry leaders like BP and Shell are accelerating their production of cleaner energy.

#alternative-and-renewable-energy, #bp-plc, #descalzi-claudio-1955, #electric-light-and-power, #energy-and-power, #eni-spa, #greenhouse-gas-emissions, #looney-bernard-1970, #oil-petroleum-and-gasoline, #royal-dutch-shell-plc

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E.P.A. to Lift Obama-Era Controls on Methane, a Potent Greenhouse Gas

The reversal is the latest move in the Trump administration’s ongoing effort to weaken environmental rules, but it could be quickly undone after the November election.

#environment, #environmental-protection-agency, #global-warming, #greenhouse-gas-emissions, #methane, #oil-petroleum-and-gasoline, #regulation-and-deregulation-of-industry, #trump-donald-j, #united-states-politics-and-government, #wheeler-andrew-r

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Delta Air Lines Bought an Oil Refinery. It Didn’t Go as Planned.

Delta’s foray into oil refining illustrates some of the reasons the business was in trouble even before the pandemic.

#airlines-and-airplanes, #anderson-richard-h, #bastian-edward-h, #coronavirus-2019-ncov, #delta-air-lines-inc, #oil-petroleum-and-gasoline, #pennsylvania, #prices-fares-fees-and-rates, #refineries

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Saudi Aramco Says Profit Fell 73 Percent as Demand for Oil Shrank

The coronavirus pandemic took a major toll on the oil giant’s earnings, but Aramco will maintain its hefty dividend for shareholders.

#company-reports, #coronavirus-2019-ncov, #oil-petroleum-and-gasoline, #prices-fares-fees-and-rates, #saudi-arabia, #saudi-aramco

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BP Reports a Huge Loss and Vows to Increase Renewable Investment

The European oil giant has plans for a future with more electrical generation.

#alternative-and-renewable-energy, #bp-plc, #coronavirus-2019-ncov, #energy-and-power, #global-warming, #greenhouse-gas-emissions, #looney-bernard-1970, #oil-petroleum-and-gasoline

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Oil and Gas Groups See ‘Some Common Ground’ in Biden Energy Plan

Some energy executives are pleased that the former vice president is not calling for a fracking ban and said they could work with him.

#american-petroleum-institute, #biden-joseph-r-jr, #carbon-capture-and-sequestration, #edison-electric-institute, #edison-international, #greenhouse-gas-emissions, #natural-gas, #oil-petroleum-and-gasoline, #presidential-election-of-2020, #solar-energy, #tellurian-incorporated, #trump-donald-j, #united-states-international-relations, #united-states-politics-and-government, #wind-power

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Study Links Gas Flares to Preterm Births, With Hispanic Women at High Risk

Expectant mothers who lived near flaring sites had higher odds of giving birth prematurely than those who did not, researchers found. The adverse outcomes fell entirely on Hispanic women.

#air-pollution, #environmental-health-perspectives-journal, #greenhouse-gas-emissions, #hispanic-americans, #oil-petroleum-and-gasoline, #pregnancy-and-childbirth, #premature-babies, #research, #texas, #texas-oil-and-gas-assn

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New Emails Show How Energy Industry Moved Fast to Undo Curbs

The messages, made public in a lawsuit, suggest the E.P.A. rescinded a requirement on methane at the behest of an executive just weeks after President Trump took office.

#environment, #environmental-protection-agency, #global-warming, #greenhouse-gas-emissions, #methane, #oil-petroleum-and-gasoline, #regulation-and-deregulation-of-industry, #trump-donald-j, #united-states-politics-and-government

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Chevron Deal for Oil and Gas Fields May Set Off New Wave of Mergers

With a $5 billion play for Noble Energy, the oil giant is set to acquire properties around the world for a relative bargain. Other companies might make similar moves.

#chevron-corporation, #company-reports, #coronavirus-2019-ncov, #mergers-acquisitions-and-divestitures, #natural-gas, #noble-energy-inc, #oil-petroleum-and-gasoline, #prices-fares-fees-and-rates, #shale, #stocks-and-bonds, #wirth-michael-k

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David Kaiser, Rockefeller Heir Who Fought Exxon Mobil, Dies at 50

A great-great grandson of John D. Rockefeller, he steered one of his family’s philanthropies to a feisty stance on the oil giant’s role in climate change.

#criminal-justice, #deaths-obituaries, #exxon-mobil-corp, #global-warming, #kaiser-david-w-1969-2020, #oil-petroleum-and-gasoline, #philanthropy, #rockefeller-family

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Southern Iraq’s Toxic Twilight

Burning Gas and Poisoning the Air

#accidents-and-safety, #basra-iraq, #cancer, #environment, #global-warming, #greenhouse-gas-emissions, #international-energy-agency, #iraq, #natural-gas, #oil-petroleum-and-gasoline, #power-failures-and-blackouts

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Global Methane Emissions Reach a Record High

Scientists expect emissions, driven by fossil fuels and agriculture, to continue rising rapidly.

#carbon-dioxide, #earth-system-science-data-journal, #environmental-research-letters-journal, #global-carbon-project, #global-warming, #greenhouse-gas-emissions, #methane, #natural-gas, #oil-petroleum-and-gasoline, #research

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Fracking Firms Fail, Rewarding Executives and Raising Climate Fears

Oil and gas companies are hurtling toward bankruptcy, raising fears that wells will be left leaking planet-warming pollutants, with cleanup cost left to taxpayers.

#air-pollution, #bankruptcies, #chesapeake-energy-corporation, #diamond-offshore-drilling-inc, #environment, #global-warming, #greenhouse-gas-emissions, #hydraulic-fracturing, #methane, #natural-gas, #north-dakota, #oil-petroleum-and-gasoline, #permian-basin-north-america, #united-states-politics-and-government, #whiting-petroleum-corporation

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OPEC and Russia May Ease Oil Production Cuts

As lockdowns ease, the Saudis and their allies see room to increase their output. But the spread of the virus “is casting a shadow” over their plans.

#abdulaziz-bin-salman-prince-of-saudi-arabia, #coronavirus-2019-ncov, #coronavirus-reopenings, #international-energy-agency, #international-trade-and-world-market, #oil-petroleum-and-gasoline, #organization-of-the-petroleum-exporting-countries

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Supreme Court Won’t Block Ruling to Halt Work on Keystone XL Pipeline

But the justices stayed the rest of a federal trial judge’s ruling striking down a permit program, allowing construction of other pipelines around the nation.

#decisions-and-verdicts, #endangered-and-extinct-species, #francisco-noel-j, #keystone-pipeline-system, #morris-brian-m-1963, #oil-petroleum-and-gasoline, #pipelines, #supreme-court-us, #tc-energy-corp, #united-states-politics-and-government

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Dakota Access Pipeline to Shut Down Pending Review, Federal Judge Rules

The ruling, a victory for the Native American and environmentalist groups who oppose the pipeline, said that it must be emptied of oil by Aug. 5.

#energy-transfer-partners-lp, #native-americans, #oil-petroleum-and-gasoline, #pipelines, #standing-rock-sioux-reservation-nd-sd

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Chesapeake Energy, a Shale Pioneer, Files for Bankruptcy Protection

The company helped turn the United States into a gas exporter but became known for an illegal scheme to suppress the price of oil and gas leases.

#bankruptcies, #chesapeake-energy-corporation, #coronavirus-2019-ncov, #mcclendon-aubrey-k, #natural-gas, #oil-petroleum-and-gasoline, #shale

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Still Reeling From Oil Plunge, Texas Faces New Threat: Surge in Virus Cases

Businesses were reopening in recent weeks and oil prices had climbed north of $40 a barrel before coronavirus infections accelerated in the state.

#abbott-gregory-w-1957, #coronavirus-2019-ncov, #coronavirus-reopenings, #economic-conditions-and-trends, #houston-tex, #labor-and-jobs, #natural-gas, #oil-petroleum-and-gasoline, #texas

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California Set to Require Zero-Emissions Trucks

The new rule, expected Thursday, would mean more than half of trucks sold in the state must be zero-emissions by 2035, and all of them by 2045.

#air-pollution, #buses, #california, #california-air-resources-board, #coronavirus-2019-ncov, #e-commerce, #electric-and-hybrid-vehicles, #environment, #factories-and-manufacturing, #fuel-efficiency, #fuel-emissions-transportation, #global-warming, #greenhouse-gas-emissions, #lobbying-and-lobbyists, #los-angeles-calif, #nichols-mary-d, #oil-petroleum-and-gasoline, #regulation-and-deregulation-of-industry, #san-bernardino-calif, #states-us, #transit-systems, #trucks-and-trucking

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BP Prepares for a Future That Needs Less Oil

The energy giant said its oil and gas assets were worth less, a move reflecting broad changes in the industry.

#bp-plc, #coronavirus-2019-ncov, #global-warming, #looney-bernard, #natural-gas, #oil-petroleum-and-gasoline, #prices-fares-fees-and-rates

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The Post-Coronavirus Global Hunger Crisis

The loss of income caused by the pandemic could increase the number of people suffering acute hunger to more than quarter a billion by December.

#coronavirus-2019-ncov, #economic-conditions-and-trends, #food, #labor-and-jobs, #oil-petroleum-and-gasoline, #refugees-and-displaced-persons, #remittances, #shortages, #unemployment

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As Energy Prices Tumble, Developing Countries Trim Subsidies

Trying to cut spending as the pandemic reduces tax revenue, governments are finding it easier to lift restraints on what consumers pay for fuel.

#coronavirus-2019-ncov, #economic-conditions-and-trends, #ecuador, #electric-light-and-power, #energy-and-power, #india, #international-energy-agency, #nigeria, #oil-petroleum-and-gasoline, #politics-and-government, #prices-fares-fees-and-rates, #taxation

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Major Petroleum Spill Spreads Toward Arctic Ocean in Russia’s North

A diesel fuel spill in Russia’s far north has released about half as much petroleum into the environment as the Exxon Valdez tanker accident in Alaska. The fuel is flowing toward the Arctic Ocean.

#arctic-regions, #exxon-valdez-tanker, #norilsk-russia, #norilsk-nickel, #oceans-and-seas, #oil-petroleum-and-gasoline, #russia, #wilderness-areas

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