permian basin north america
Lesser prairie chickens gain protection under U.S. Endangered Species Act
The new listing aims to prevent further loss of habitat for the flamboyant, stocky birds, which have drastically dwindled in population.
Oil giants sell dirty wells to buyers with looser climate goals, study finds
The transactions can help major oil and gas companies clean up their own production by transferring polluting assets to a different firm, the analysis said.
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Exxon sets a 2050 goal for net zero greenhouse gas emissions
The target does not account for the climate impact of its customers and suppliers, leaving the company lagging the commitments of some of its rivals.
www.nytimes.com
Drillers burned off gas at a staggering rate as winter storm hit Texas
Frigid temperatures last month froze pipelines and forced companies to flare vast amounts of planet-warming gases that they suddenly had nowhere to send.
www.nytimes.com
Oil industry turns to mergers and acquisitions to survive
With the price of a barrel stuck around $40 and no recovery in sight, companies are combining to cut costs and ride out the pandemic.
www.nytimes.com
Fracking firms fail, rewarding executives and raising climate fears
Oil and gas companies are hurtling toward bankruptcy, raising fears that wells will be left leaking planet-warming pollutants, with cleanup cost left to taxpayers.
www.nytimes.com
Texas oil boomtowns devastated by coronavirus
For over a decade, the Permian Basin has been the epicenter of the American oil boom. Now, it’s the epicenter of its demise.
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