 Stories About: Big Oil AND business AND energy AND news
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A profit without honor
ExxonMobil rakes in record cash, spends only 1 percent on alternative energy |
Kate Sheppard |
31 Jul 2008 |
Gristmill |
| ExxonMobil broke its own record for the highest quarterly earnings in U.S. history, reporting $11.7 billion in profits for the second quarter. And as ABC reports, the company spent only 1 percent of its profits last year on alternative energy sources. 'They're probably spending more on the advertising than they're actually spending on the actual [alternative-energy] research,' says Bernard Picchi, an economist with Wall Street Access. (h/t: Think Progres ... |
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| Topics: Big Oil, business, energy, Muckraker, news, oil, video (all these topics) |
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Oil Vey
Oil companies' continued record profits tick off Democrats, consumers |
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31 Jul 2008 |
News |
| Posted at 3:39 PM on 31 Jul 2008 Major oil companies reported ginormous second-quarter profits this week, irking consumers and fueling harsh rhetoric from congressional Democrats. ExxonMobil reported a record-breaking profit of $11.68 billion -- the highest of any U.S. company ever -- besting its own previous record set in the first quarter of this year. Royal Dutch Shell raked in $11.56 billion, BP hit $9.5 billion, ... |
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| Topics: Big Oil, business, energy, news, oil and gas drilling (all these topics) |
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Lord, Hear Our PR
Oil industry turns to PR offensive to diffuse anger over record prices |
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17 Jun 2008 |
News |
| Posted at 7:35 AM on 17 Jun 2008 Faced with angry consumers incensed at high oil and gasoline prices, oil companies in the U.S. and Europe have turned to well-funded PR campaigns in an attempt to shift their image from profit-hungry oil-mongers to responsible innovators fulfilling their duty as energy providers. ExxonMobil has led the most recent effort to sway the public; on June 1, Exxon released a barrag ... |
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| Topics: Big Auto, Big Oil, business, energy, gas prices, news (all these topics) |
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Curses, Oiled Again
Chevron ad says renewables are great, oil is greater |
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28 Sep 2007 |
News |
| Posted at 12:14 PM on 28 Sep 2007 A new TV commercial on energy and the environment debuts this weekend. The swooping camera shots of glaciers and freeways will be familiar, but the voice-over may not: "Our lives demand oil." Yes, the 2.5-minute spot, airing in eight languages around the globe, is an effort by Chevron to urge humanity to seek out alternative energy -- while continuing to cling to fossil fuels. Aim ... |
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| Topics: Big Oil, business, energy, greenwashing, news, TV (all these topics) |
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Dorgan Grinder
As oil prices dip, industry faces questions about summer supplies |
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18 Jun 2007 |
Daily Grist |
| Dorgan Grinder As oil prices dip, industry faces questions about summer supplies Oil prices dipped from a nearly nine-month high today, and everyone's atwitter over what the summer will hold. The industry is beset by turmoil, with hostage-takings in Nigeria and turf battles in Gaza the latest contributors to price and supply instabilities. In addition, the U.S. biofuels push is leading Big Oil to cut back on refinery-expan ... |
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| Topics: Big Oil, business, energy, news (all these topics) |
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Coal Is the Enemy of the Human Race
New BP, Rio Tinto venture plans three 'clean coal' plants |
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21 May 2007 |
Daily Grist |
| Coal Is the Enemy of the Human Race New BP, Rio Tinto venture plans three "clean coal" plants Last week, oil giant BP announced a new "clean coal" partnership, and it's already spewing big plans. With Rio Tinto, the world's third-largest mining company, BP created Hydrogen Energy, a cleaner-energy venture. Just one hitch: they're gonna make hydrogen by burning fossil fuels, which produces carbon ... |
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| Topics: Big Oil, business, coal, energy, news (all these topics) |
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