ENERGY (MSM)

Oil bosses fight for relevance before climate talks

By Ron Bousso, Susanna Twidale and Bate Felix LONDON/PARIS (Reuters) – Oil and gas industry leaders will launch a final charm offensive on Friday to highlight the sector’s relevance in the global fight against climate change before a key summit in Paris later this year. In an unprecedented public appearance, the bosses of Europe’s top oil companies, who earlier this year jointly called on governments to introduce a global carbon

U.S., Alaska says will not seek additional $92 mln from Exxon for Valdez spill

U.S. and Alaska state officials announced on Wednesday they will no longer seek an additional $92 million from Exxon Mobil Corp. to pay for environmental cleanup and restoration stemming from the massive Exxon Valdez oil spill nearly three decades ago. In court documents filed on Wednesday, the state of Alaska and U.S. Justice Department said they were dropping remaining judicial action and would no longer seek the additional money from

U.S., Alaska says will not seek additional $92 million from Exxon for Valdez spill

U.S. and Alaska state officials announced on Wednesday they will no longer seek an additional $92 million from Exxon Mobil Corp. to pay for environmental cleanup and restoration stemming from the massive Exxon Valdez oil spill nearly three decades ago. In court documents filed on Wednesday, the state of Alaska and U.S. Justice Department said they were dropping remaining judicial action and would no longer seek the additional money from

Germany's E.ON sells Norway oil, gas business for $1.6 bn

German energy giant E.ON said Wednesday it would sell its Norwegian oil and gas exploration business for $1.6 billion (1.4 billion euros) as it shifts focus to renewable energy. E.ON, hit by Germany’s green energy transition, said last year it would spin off its conventional power activities to focus on renewable energy.