Archives for November 2016
EPA plans to withdraw pollution regulations for seven Texas power plants
The U.S. Environmental Protection Agency said it plans to voluntarily withdraw a requirement that seven Texas coal-fired power plants reduce pollution, according to a filing with a federal appeals court. The so-called regional haze rule is...
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Market Currents: OPEC’s dominance in Asia
The gloves are off in Vienna and OPEC members are trading verbal blows about what they will or won’t do in relation to production cuts. Finally the main event arrives tomorrow (finally!), while we also...
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OPEC deadlocked as Iran, Saudi Arabia harden postions
An OPEC deal to curtail oil production appeared in jeopardy as Iran said it won’t make cuts while Saudi Arabia insisted Tehran must be willing to play a meaningful role in any agreement. Ministers gathering...
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Fall in Exxon stock leads employee to sue over company’s 401 (k)
A retired engineer from Exxon Mobil Corp. alleges the giant energy company violated its responsibility to protect employee financial interests by continuing to offer Exxon Mobil stock for its 401(k) retirement plan while knowing the...
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Oil retreats as OPEC split imperils deal with deadline looming
Oil retreated below $47 in New York after OPEC officials failed Monday to work out a compromise on a deal to cut production and boost crude prices. Futures lost as much as 2.3 percent. A 10-hour...
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