Lawyers for New York State and Exxon Mobil Corp. delivered closing arguments in a closely watched trial accusing the oil company of hiding from investors the true cost of addressing climate change.
Preliminary text of agreement calls on lender to stop funding projects.
Many oil and gas companies, particularly the majors, have publicized their efforts to be good stewards of the environment, particularly on climate change.
Keystone line has experienced four releases, much more than TC Energy estimated.
Companies are targeting oil in the fast-growing field, but pipeline construction has lagged, leaving natural gas as a byproduct to be burned or vented.
Withdrawal fulfills president’s promise to limit red tape; EU and environmental groups express dismay.
Murkowski and Manchin focus on efficiencies and creating jobs to replace those related to coal.
Symbolic move will complicate European efforts to salvage the nuclear deal.
Lopez Obrador aims to leverage oil to fight poverty, but environmentalists insist he is going in the wrong direction.