Is Big Oil Going Green With Carbon Capture Technology?

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Exxon Mobil recently announced a renewed partnership with Fuel Cell Energy aimed at bringing Carbon Capture and Sequestration (CCS) technology into mainstream usage. The two companies have been collaborating on the project for several years and the latest announcement may be seen as a re-affirmation of Exxon’s investment in the program. The process of carbon …

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Are Mergers All But Dead Under New Obama Rules?

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The U.S. Justice Department today filed an anti-trust lawsuit aimed at preventing oil service company Halliburton Co. from taking over rival Baker Hughes in a deal valued at $34.6 billion. This comes in the wake of an announcement this week regarding Pfizer’s decision to call off its $152 billion merger with Allergan owning to new …

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