June 16, 2021
Comments Off on Federal judge blocks Biden’s pause on new oil, gas leases
The Biden administration’s suspension of new oil and gas leases on federal land and water was blocked by a federal judge in Louisiana.
Tagged with: climate change Energy fossil fuels gas oil
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June 7, 2021
Comments Off on Most of ransom paid after Colonial Pipeline hack has been recovered, officials say
The Justice Department has recovered most of a multimillion-dollar ransom payment to hackers after a cyberattack that caused Colonial Pipeline to halt its operations, officials said.
Tagged with: cybersecurity Energy gas hacking oil pipeline ransomware
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June 3, 2021
Comments Off on Third Exxon Mobil board member unseated as shareholders continue climate fight
Exxon Mobil shareholders have unseated a third board member in their bid to force the oil giant to deal more aggressively with climate change.
Tagged with: climate change Energy Environment exxon gas oil
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June 1, 2021
Comments Off on OPEC to increase oil output as global economy recovers
The OPEC oil cartel and allied producing countries have confirmed plans to restore 2.1 million barrels per day of crude production.
Tagged with: Energy gas global economy oil OPEC
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May 27, 2021
Comments Off on Pipelines ordered to assess cybersecurity after ransomware hack
U.S. pipeline operators will be required for the first time to conduct a cybersecurity assessment under a Biden administration directive in response to the ransomware hack of Colonial Pipeline.
Tagged with: cybersecurity Energy gas oil pioelines
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May 26, 2021
Comments Off on Exxon board shifting on climate change, as at least 2 members lose seats
Exxon Mobil’s shareholders have voted to replace at least two of the company's 12 board members with directors who are seen as better suited to fight climate change, bolster Exxon’s finances and guide it through a transition to cleaner energy.
Tagged with: climate change exxon gas oil
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May 19, 2021
Comments Off on Report: Colonial confirms it paid $4.4M to pipeline hackers
The operator of the nation's largest fuel pipeline confirmed it paid $4.4 million to a gang of hackers who broke into its computer systems, according to a report Wednesday.
Tagged with: colonial pipeline cybersecurity Energy hacking oil
Read More »Exxon Mobil CEO Rex Tillerson expects the price of oil to remain low over the next two years because of ample global supplies and relatively weak economic growth.
Tagged with: exxon gas prices oil
Read More »(Bloomberg) Oil tumbled to the lowest level in more than five years on speculation a global supply glut that’s driven crude into a bear market will continue through the first half of 2015. West Texas Intermediate fell 2.1 percent to ...
Tagged with: oil
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Bar-exam prep, Virginia corruption, Iranian opposition, $50B order rounds out this week's Law Blog Roundup.
Tagged with: bar exam comic books department of justice iran oil russia virginia
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