Exxon, one of the world’s leading oil producers, posted a huge loss Thursday, with its revenues dropping to $3.95 billion from $11.68. The main reason for the loss was the worldwide bottoming of oil prices, leading many analysts to read these numbers as another sign of the necessary shift towards sustainable fuels.
Exxon’s chairman and chief [...]
Filed under: Business, News on July 30th, 2009 @ 2:06 pm
Tagged with: costs, economy, Exxon, global, innovative, jobs, NY Times, Oil prices, OPEC, opportunities, production, profits, Rex W. Tillerson, strategies
In an article on FastMoney.com, head of Inter-Governmental Panel on Climate Change (IPCC) Rajendra Pachauri was quoted as saying that the current costs undertaken by companies looking to cut their carbon footprint “would be negative overall because of the monetary benefits of cutting carbon emissions.” This comes on the heels of an announcement last week that discount [...]
Filed under: Environment, News on July 22nd, 2009 @ 1:49 pm
Tagged with: biofuel, Business, carbon emissions, climate change, Exxon, IPCC, Rajendra Pachauri, the Gazette
‘Younger than Moses: Idle Worship’ is an art exhibit featuring 22 artists in New York.
As part of the European Project FP7 research called “Integrated System for Transport Infastructures Surveillance and Monitoring by Electromagnetic Sensing,” a team of researchers had been gathered from the countries of Israel, Italy, France, Sweden, Norway, Switzerland and Romania.