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Biden may cancel Keystone XL pipeline permit as soon as his first day in office

Biden may cancel Keystone XL pipeline permit as soon as his first day in office

U.S. President-elect Joe Biden is planning to cancel the permit for the $9 billion Keystone XL pipeline project as one of his first acts in office, and perhaps as soon as his first day, according to a source familiar with his thinking.
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Exxon sees global oil demand plunging by 2040 under climate regulations

Exxon sees global oil demand plunging by 2040 under climate regulations

Exxon Mobil Corp said on Friday that it expects global oil demand to drop sharply by 2040 if regulations aimed at limiting the impact of greenhouse gas emissions on climate are fully implemented.
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