A group of Barclays shareholders coordinated by responsible investment lobby group ShareAction want the bank to phase out financing fossil fuels.
The energy industry is experiencing great volatility as we enter the third decade of the millennium.
The city divestment push was "part of a general trend" toward shifting money from fossil fuels and that trend "is making fossil fuel companies sit up and take notice."
The initiatives include a steep increase in the insurance that oil companies in Colorado are required to carry to cover abandoned wells and would widen the separation between new wells and public areas.
Robert Hefner V, president and CEO of Hefner Energy, sat down with Jessica Morales to discuss a wide range of topics including his company’s business model and addressing climate change.
The changes are subtle for down and midstream operators but they broaden the benefits of the testing.
Amid growing calls for action to fight climate change, oil and gas companies are ramping up efforts toward environmental and community stewardship.
The regulator said Suncor, which operates the vessel, specifically failed to meet requirements regarding its redundant fire water pump system on the floating installation.
Harold Hamm's letter to Elizabeth Warren said technological innovations like fracking have made Oklahoma the third-largest oil-producing state and made the U.S. “an energy and economic superpower.”