U.S. Supreme Court Rejects Exxon in Climate Change Document Fight
The U.S. Supreme Court on Monday cleared the way for the attorney general of Massachusetts to obtain records from Exxon Mobil Corp to probe whether the oil company for decades concealed its knowledge of the role fossil fuels play in climate change.The justices declined to hear Exxon's appeal of a ruling by the top court in Massachusetts holding that Attorney General Maura Healey, a Democrat, had jurisdiction to seek records to probe whether…
Massachusetts Top Court Rules Against Exxon in Climate Change Probe
Massachusetts' top court on Friday rejected Exxon Mobil Corp's bid to block the state's attorney general from obtaining records to investigate whether the company for decades concealed its knowledge of the role fossil fuels play in climate change. The Massachusetts Supreme Judicial Court ruled that Attorney General Maura Healey had jurisdiction to seek records to probe whether the oil company's marketing or sale of fossil fuel products violated the state's consumer protection law.
Harvard Researchers Say Exxon Misled Public on Climate Science
Two Harvard University researchers said in a study published on Wednesday they had collected data proving that Exxon Mobil Corp made "explicit factual misrepresentations" in newspaper ads it purchased to convey its views on the oil industry and climate science. In an article in the journal Environmental Research Letters, researchers Geoffrey Supran and Naomi Oreskes said they examined 187 documents, including internal memos, peer-reviewed papers…
Probe of Exxon's Climate Change Disclosures Expands
The top attorneys from Massachusetts and the U.S. Virgin Islands said on Tuesday they will investigate whether Exxon Mobil Corp misled investors and the public about the risks of climate change. Massachusetts Attorney General Maura Healey and Virgin Islands Attorney General Claude Earl Walker announced their probes at a news conference in New York, flanked by New York State Attorney General Eric Schneiderman, former U.S. Vice President Al Gore and top attorneys from other states.
Massachusetts to Launch Probe of Exxon's Climate Change Disclosures
Massachusetts is launching an investigation into whether Exxon Mobil Corp misled investors and the public about the risks of climate change, state Attorney General Maura Healey said on Tuesday. The move comes just a few months after New York Attorney General Eric Schneiderman subpoenaed Exxon to demand extensive financial records and emails in connection with its climate change disclosures. Earlier this year, the Los Angeles Times reported that California's attorney general is also investigating Exxon over the issue. (Reporting by Sarah N.
How Saudi Arabia Defended U.S. Market Share
Saudi Arabia has successfully defended its share of the U.S. oil market even as rising domestic production from shale and growing pipeline imports from Canada have cut seaborne imports from other countries. Saudi crude exports to the United States have remained relatively constant at around 1.2 million barrels per day since 2009, even as tanker arrivals from other countries have halved from 6 million to 3 million bpd (http://tmsnrt.rs/1Kf7s4t).
Kemp: How Saudi Arabia Successfully Defended its US Oil Market Share
Saudi Arabia has successfully defended its share of the U.S. oil market even as rising domestic production from shale and growing pipeline imports from Canada have cut seaborne imports from other countries. Saudi crude exports to the United States have remained relatively constant at around 1.2 million barrels per day since 2009, even as tanker arrivals from other countries have halved from 6 million to 3 million bpd. The Saudis have defended their market share through a combination of luck…
CA Spill Clean-up Costs to Exceed $60 Million
Clean-up costs associated with a Californian oil pipeline rupture that dumped as much as 2,400 barrels of crude onto a pristine stretch of coastline and into the Pacific Ocean have exceeded $60 million, the Los Angeles Times reported on Wednesday. Plains All American Pipeline spokeswoman Meredith Mathews told the newspaper that expenses for restoring the affected area near Santa Barbara ran as high as $3 million a day. Mathews added that the total…
SoCal Beach Cleanup Could Take Months
The U.S. Coast Guard captain overseeing cleanup of oil spilled from a pipeline rupture that closed two California state beaches and fouled offshore waters near Santa Barbara said on Thursday it may take months to restore the area to its natural condition. Up to 2,500 barrels (105,000 gallons) of crude petroleum, according to latest estimates, gushed onto San Refugio State Beach and into the Pacific about 20 miles (32 km) west of Santa Barbara on Tuesday when an underground pipeline that runs along the coastal highway burst.
Vandenberg Air Force Base: New Offshore Drilling Site?
The U.S. Air Force will consider leasing land on Vandenberg Air Force Base for private companies to extract offshore oil and gas from the central California coast, according to a Los Angeles Times report. The proposal would allow oil companies to use onshore equipment with new extended reach “slant drilling” technology to access deposits several miles offshore. Sunset Exploration and Exxon Mobil recently asked the Air Force to revisit their proposal to use the technology to build an oil and gas drilling project on the base near Lompoc…
