At CERAWeek, Big Oil Executives Call for ‘Energy Security’ and Longevity for Fossil Fuels Heads of the world’s top oil companies met in Houston and said the war in Ukraine has helped make the case for fossil fuels and a “balanced” energy transition. As one executive put it: “Our strategy is to stay as oily as we can for as long as we can.” By Nicholas Kusnetz
Oil Companies Had a Problem With ExxonMobil’s Industry-Wide Carbon Capture Proposal: Exxon’s Bad Reputation By Nicholas Kusnetz
New Jersey Joins Other States in Suing Fossil Fuel Industry, Claiming Links to Climate Change By Jon Hurdle
Proponents Say Storing Captured Carbon Underground Is Safe, But States Are Transferring Long-Term Liability for Such Projects to the Public By Nicholas Kusnetz
Concerns Linger Over a Secretive Texas Company That Owns the Largest Share of the Trans-Alaska Pipeline By David Hasemyer
Big Oil’s Top Executives Strike a Common Theme in Testimony on Capitol Hill: It Never Happened By Nicholas Kusnetz
US Forest Fires Threaten Carbon Offsets as Company-Linked Trees Burn By Camilla Hodgson, Financial Times
Get to Net-Zero by Mid-Century? Even Some Global Oil and Gas Giants Think it Can Be Done By Dan Gearino
BP Pledges to Cut Oil and Gas Production 40 Percent by 2030, but Some Questions Remain By Nicholas Kusnetz
BP’s Net-Zero Pledge: Sign of a Divide Between European and U.S. Oil Companies? Or a Marketing Ploy? By Dan Gearino