Oct 28, 2022
— Oil firm smashes Wall Street forecasts with $19.7 billion profit — Exxon’s fossil-fuel bets eclipse rivals Shell, TotalEnergies — Company projects flat oil output this year on Russia losses HOUSTON, Oct 28 (Reuters) – Exxon Mobil Corp (XOM.N) on Friday smashed expectations as soaring energy prices fueled a record-breaking quarterly profit, nearly matching that...
Oct 27, 2022
Experts say crude oil pipeline from Uganda to Tanzania will produce 25 times host nations’ combined annual emissions. An oil pipeline under construction in east Africa will produce vast amounts of carbon dioxide, according to new analysis. The project will result in 379m tonnes of climate-heating pollution, according to an expert assessment, more than 25...
Oct 27, 2022
Key UN reports published in last two days warn urgent and collective action needed – as oil firms report astronomical profits. —by Damian Carrington Environment editor Read full story.
Oct 27, 2022
Key UN reports published in last two days warn urgent and collective action needed – as oil firms report astronomical profits The climate crisis has reached a “really bleak moment”, one of the world’s leading climate scientists has said, after a slew of major reports laid bare how close the planet is to catastrophe. —by...
