Conflicts of interest, sanctions, climate dominate Tillerson hearing
Rex Tillerson, President-elect Donald Trump's nominee to lead the State Department, displayed the steadiness under pressure for which he's widely known as the former CEO of Exxon Mobil Corp. at yesterday's daylong appearance before a Senate confirmation panel.
Federal data suggest a bottom for U.S. production
Federal analysts extended a streak of winning news for the domestic oil industry yesterday, with a forecast that crude production has probably bottomed out and is ready to climb again.
OIL AND GAS
GOP tax overhaul grabs industry attention
The oil and gas industry is working behind the scenes to shape Republican plans for a broad tax overhaul, concerned that a move to tax imports at the U.S. border could cut into the margins of refiners that buy crude on world markets and that the industry's high capital costs merit special tax treatment.
Golden Pass LNG project gets a key approval
Federal safety and environmental regulators yesterday approved a plan to liquefy and ship as much as 2 billion cubic feet per day of natural gas from a plant to be built near Sabine Pass in East Texas.
How do Exxon and State line up on human rights?
When President-elect Donald Trump announced the nomination of Exxon Mobil Corp. CEO Rex Tillerson to be his secretary of State, Tillerson was painted as a master dealmaker. What Trump's team didn't talk about is how well the choice at State matches up with the department's role as the public face of the U.S. human rights agenda.