Delta clear favorite for idle Pennsylvania refinery, analysts say
Delta Air Lines has emerged as a clear favorite to buy an idled ConocoPhillips refinery in Pennsylvania in an effort to satisfy its growing need for jet fuel, according to media reports.
View ArticleCompanies tout recycled water for fracturing (video)
Young companies who say their innovations make hydraulic fracturing a more environmentally friendly process, by reducing water use and cutting chemicals, touted their technology on a recent CNBC segment.
View ArticleExxon chief: US will be energy secure by 2020 (video)
The United States will be energy secure by the end of the decade, Exxon Mobil CEO Rex Tillerson told CNBC Thursday.
View ArticleCEO says Exxon Mobil can be “successful” with $40 oil
West Texas Intermediate climbed Wednesday to $67.98 per barrel, while futures sank to $63/72, the lowest price in five years.
View ArticleObama knows crude export ban is “bad economics,” North Dakota senator says
Sen. Heidi Heitkamp, D-N.D., suggested that momentum is building on Capitol Hill and within the Obama administration for liberalizing the longstanding ban on U.S. crude exports.
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