Archives for October 2019
Oil companies rejected by Supreme Court on climate change suits
The U.S. Supreme Court let government officials press ahead with three lawsuits that accuse more than a dozen oil and gas companies of contributing to climate change. Source: FuelFix
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Exxon blasts N.Y.’s climate suit as trial opens amid protests
Exxon Mobil Corp.’s lawyer slammed New York’s securities-fraud case as the trial opened, saying the state “twisted” reality by conflating two internal metrics the company uses to account for the financial impact of climate change...
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Venture capital firms double funding of battery storage projects
Battery storage projects attracted more attention from venture capital firms this year while interest in smart grid funding is showing signs of a slowdown. Source: FuelFix
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Landmark climate trial turns on whether Exxon cooked the books
Last month, millions of people around the globe gathered to protest what they consider a dangerous lack of vision among nations and industries when it comes to combating global warming, and the burning of fossil...
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Callon-Carrizo merger on brink ahead of Nov. 14 shareholder vote
The pending merger between Houston oil producers Callon Petroleum and Carrizo Oil & Gas could be on the brink of falling apart with ongoing investor opposition ahead of the Nov. 14 shareholder vote to approve the deal....
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