Energy, Mining & Utilities
BOSTON -- President Bush's former oil firm formed a partnership with Harvard University that concealed the company's financial woes and may have misled investors, a student and alumni group said in a report on Wednesday.
Green groups from around the world were drawing up a global action plan Friday that could include boycotts of U.S. energy giants to force the United States to honor its Kyoto greenhouse gas reduction commitments.
TransCanada is seeking permission to build a 1,661-mile-long oil pipeline to carry crude from Alberta's oil sands to refineries on the Texas Gulf Coast. Tribal leaders from both sides of the border have joined environmental activists to oppose the project.
The Bodo community in the Niger delta will get Â£55 million ($84 million) to settle claims of environmental pollution by the Nigerian subsidiary of Shell, the Anglo-Dutch oil giant. Despite the relatively large settlement, many other pollution claims by Nigerian communities affected by Shell remain unresolved.
European Union officials told leading automakers to make deep cuts in tailpipe emissions of the cars they produce or face fines that could reach billions of euros. Companies including Volkswagen and Renault immediately promised a fight to weaken the proposed legislation.