Chevron increases planned job cuts to 8,000
Chevron Corp. plans to shed 8,000 jobs, or 12 percent of its workforce, by the end of the year as anemic oil prices make it too expensive to keep many drilling rigs in the field, executives said Friday.
Archive for month: April, 2016
There will be pandemonium: The end of the old oil order has already begun
It is hard to overstate the significance of the Doha debacle. At the very least, it will perpetuate the low oil prices that have plagued the industry for the past two years.
A cellulosic ethanol milestone
Have we finally reached the long-promised realization of commercial cellulosic ethanol?
‘Keystone-ization’ is the fossil fuel industry’s new nightmare
“Another Pipeline Rejected” is now the go-to headline for updates on new fossil fuel infrastructure in the United States. Does the growing file of scrapped pipeline plans forecast the “Keystone-ization” of our energy future? Yes.
American cars on track to double fuel efficiency
A growing number of vehicles are meeting or surpassing federal fuel economy standards, though improvements to cars outpace those to trucks, according to a new analysis by the Consumer Federation of America.
CNN viewers see far more fossil fuel advertising than climate reporting
CNN aired almost five times as much oil industry advertising as climate change-related coverage in the one-week periods following the announcements that 2015 was the hottest year on record and February 2016 was the most abnormally hot month on record.
Oil jumps 2 percent despite glut, hits 2016 peak
Oil markets jumped 2 percent on Thursday, hitting 2016 highs for a third straight day as a weaker dollar had investors shrugging off record high U.S. crude inventories and relentless pumping by major producers.
Ethanol groups criticize U.S. climate plan for excluding biofuels
Leading up to the Paris Agreement, countries submitted individual plans, known as Intended National Determined Contributions, which outline how they plan to meet greenhouse gas (GHG) reduction targets. While 37 countries have included biofuels in their INDCs, the U.S. has not.
VW presentation in ’06 showed how to foil emissions tests
A PowerPoint presentation was prepared by a top technology executive at Volkswagen in 2006, laying out in detail how the automaker could cheat on emissions tests in the United States.
How natural gas can increase the sources of octane
Natural gas normally gets a great deal of attention as a feedstock for power generation: As the U.S. makes the gradual transition from coal, natural gas has taken center stage in the spotlight because it burns more cleanly than coal. Read more →
