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WEDNESDAY, NOVEMBER 25, 2009
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NEWS ABOUT: oil companies

oil companies stories: 31 news summaries

21 - 31 of 31 Stories | << Prev 1 2

 Gore
 Pounds
 Pols on
 Energy Plan 

Sees role as facilitator; says 'baby steps no longer responsible'

(Newser) - Al Gore made his first appearance on Meet the Press since he sought the presidency 8 years ago, Politico reports, this time pushing his agenda as the nation's self-appointed energy czar. "My own best role is to try to bring about a sea change in public opinion" on environmental... More »

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Al Gore fossil fuel green energy renewable energy Meet the Press oil companies

 75% Blame Bush
 for Faltering Economy 

Prez approval rating at all time low

(Newser) - A new poll paints a gloomy picture of a pessimistic America struggling with soaring gas prices and a deteriorating economy—and blaming President Bush. Three of four Americans—including a large number of Republicans—hold the president responsible for the economic downturn, according to a Los Angeles Times/Bloomberg poll. The... More »

Saudis May Boost Oil Supply Even Higher

But OPEC blames speculators and credit crisis for high prices

(Newser) - A hastily organized summit meeting in Saudi Arabia today offered little relief to oil consumers, Bloomberg reports. The Saudis did vow to increase production if needed, but OPEC blamed speculators and the credit crisis, not markets, for surging oil prices. "Saudi Arabia is prepared and willing to produce additional... More »

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oil Saudi Arabia OPEC oil price oil production foreign oil oil companies oil crisis oil industry

 Oil Giants to Return to Iraq

Companies booted by Saddam win contracts to service Iraqi oil fields

(Newser) - Four big oil companies chucked out of Iraq by Saddam Hussein 36 years ago are ready to return, the New York Times reports. BP, Exxon Mobil, Shell and Total are about to announced winning coveted no-bid contracts to service Iraqi oil fields. The contracts are short-term, but the firms hope... More »

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Iraq Iraq oil Shell Chevron oil companies Exxon Mobil

 Airlines Forced
 to Front Cash for Fuel 

Can't afford to pay in advance for fuel

(Newser) - Cash-strapped airlines are now being pressured to pay millions of dollars in advance for aviation fuel, reports the Times of London. Mandatory prepayment for fuel has become common in the US and is now moving to Europe as crude oil prices continue to rise and the solvency of the industry... More »

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American Airlines credit crude oil oil companies jet fuel airlines prepayment

 Guess What Oil Execs Make  

Industry bigwigs are grilled by the Senate

(Newser) - Big Oil executives today were grilled by the Senate on soaring prices, and Sen. Patrick Leahy asked for their salaries, the AP reports. Here's what they said:
  • J. Stephen Simon, Exxon: $12.5 millon.
  • John Lowe, ConocoPhillips: Did not recall
  • Peter Robertson, Chevron: Did not recall.
  • John
... More »

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Exxon Shell Chevron ConocoPhillips Patrick Leahy oil companies

 Oil Lobby Pumps Cash
Into Image Campaign

Industry fights back as rising gas prices damage its rep

(Newser) - As gas prices skyrocket—and oil company profits soar along with them—the chief US oil lobby has launched a massive campaign to improve its public image, the Washington Post reports. The American Petroleum Institute is spending millions on newspaper ads, a traveling museum, and tours for bloggers, to counter... More »

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lobbyist gas prices advertising campaign oil companies public image

Oil Expected to Stay
Above $100 This Year

Fed agency ups forecast as world laps up Texas tea

(Newser) - A barrel of crude could end up averaging more than $100 this year, federal handicappers are predicting, just weeks after the triple-digit mark seemed like a troublesome anomaly. OPEC’s parsimony with its reserves, spiking demand worldwide and a dwindling supply outside the Middle East are conspiring to squeeze rates—... More »

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energy OPEC crude oil oil companies oil crisis Energy Information Administration

Congress Grills Oil Execs Over Skyrocketing Prices

Honchos place some blame at legislators' feet

(Newser) - Top oil executives faced a panel of angry lawmakers on Capitol Hill today, as Congress fumed over the disparity between the companies’ hefty profits and soaring prices, the Washington Post reports. Said one rep, “I believe the laws of supply and demand when it comes to oil and gas... More »

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Congress alternative energy ExxonMobil gas prices oil companies executives

Texas Tops US
in CO2 Emissions

Activists fight to clean things up

(Newser) - Texas—the land of big oil, big agriculture, pickup trucks, wide-open spaces, and little mass transit—not only is the biggest emitter of CO2 among states, it ranks eighth in the world, a new study says. It’s also one of the few states without any climate plan in the... More »

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environment agriculture Texas renewable energy air pollution coal power oil companies cattle industry carbon emissions

Dems Take Aim at Big Business

Obama and Clinton turn up the heat heading into Wisconsin, Ohio primaries

(Newser) - Hillary Clinton and Barack Obama, heading into primaries in states struggling with joblessness and the mortgage crisis, are sharpening their attacks on big business, the Wall Street Journal reports. Both are lambasting oil companies, corporate tax cuts, and health insurers. Tuesday’s Wisconsin primary will be a test of which... More »

21 - 31 of 31 Stories | << Prev 1 2