Posts Tagged ‘Big oil’

The newly filed application for TransCanada’s $12-billion Energy East pipeline project may as well have been wrapped in a Canadian flag when it was delivered to the regulator. It’s full of talk about freeing motorists in eastern Canada from their dependence on imported oil from volatile geopolitics locales such as Saudi Arabia, Algeria, Nigeria, and [...]

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In the world of energy investing right now, two visions of the future are on a collision course. In one corner, global energy demand will keep ticking along status quo for decades to come. In the other, the risks of climate change become too great for the international community to ignore and there’s a unified [...]

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Regardless of how much time Exxon wants to spend weighing the risks of climate change, its investors are now demanding it. In what promises to be a landmark disclosure, Exxon, the world’s largest publicly traded oil company, has agreed to provide the market with an assessment of how changing legislation around carbon emissions will affect [...]

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Judging by pump prices, Canadian drivers might think oil companies were rolling in profits that only move higher. Lately, though, the big boys in the global oil industry are finding that earning a buck isn’t as easy as it used to be. Royal Dutch Shell, for instance, just announced that fourth quarter earnings would fall [...]

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