Stay updated with breaking news from Guy Powell. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The UK Defence Science and Technology Laboratory (Dstl) conducted a public demonstration of the Project Theseus Joint Tactical Autonomous Resupply and Replenishment (JTARR) capability on 12 August, featuring the remote-controlled and autonom...
Governors' Wind Energy Coalition The fight for the soul – and the future – of ExxonMobil Source: By Steven Mufson, Washington Post • Posted: Monday, May 24, 2021 Three giant pension funds are set to vote against the oil titan’s management and in favor of new directors Darren Woods, chief executive of ExxonMobil, faces criticism for his position on climate change. (Brendan McDermid/Reuters) The revolt is being led by a hedge fund, called Engine No. 1, which has charged the company not only with poor financial governance but with failing to come up with a viable st...
A group of insurgent investors backed by the three largest pension funds in America are...
© Getty Images Exxon Mobil pitched a $100 billion public-private carbon storage project on Monday that would take certain emissions from U.S. plants and bury them under the Gulf of Mexico. The project would need “$100 billion or more” from private companies and from local, state and federal governments, President of Exxon’s Low Carbon Solutions Joe Blommaert said, Reuters reported. The plan would be implemented near the Houston Ship Channel and capture CO2 from the 50 largest industrial emitters, Guy Powell, vice president of Low Carbon Solutions, said. ADVERTISEMENT The CO2 would ...
By Jennifer Hiller HOUSTON, April 19 (Reuters) – Exxon Mobil on Monday floated a proposal for a public-private carbon storage project that would collect planet-warming carbon dioxide emissions from U.S. petrochemical plants and bury them in deep under the Gulf of Mexico. The plan would require “$100 billion or more” from companies and government agencies to store 50 million metric tons of CO2 by 2030, with capacity potentially doubling by 2040, Joe Blommaert, president of Exxon’s Low Carbon Solutions business, said in an interview. Blommaert outlined the plan on Monday, about two mont...