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Tag Archives: Oil companies

Oil Giant Reveals Survival Tactics in Age of Climate Anxiety

Offshore oil platform

Bloomberg, January 7, 2020 Equinor leads Norway oil industry in emissions-free goal. Plan unveiled as industry struggles to adapt to climate change The largest oil company in western Europe’s biggest petroleum exporter wants to drastically cut its carbon footprint. Equinor ASA, which is based in the Norwegian town of Stavanger on the edge of the North Sea, is trying to …

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Government worried about oil companies making a buck. Gives them $18 billion

PortandTerminal.com, October 24, 2019 Energy companies continue to harvest oil and gas royalty-free from dozens of affected tracts in the Gulf, long after lawmakers realized sloppy legislative writing prevented the government from making the price breaks temporary. By Jennifer A. Dlouhy (Bloomberg) –The U.S. has forfeited some $18 billion tied to oil and gas production in the Gulf of Mexico …

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