Tag: Rex Tillerson
Don’t believe Tillerson claims US can meet climate targets without regulation
Natural gas prices are up, prompting coal resurgence, and renewables only slowly gaining market foothold Rex Tillerson is defending President Donald Trump’s decision to withdraw from the Paris climate accord, arguing that American greenhouse gas emissions will continue to drop without more federal regulations. But that argument only holds if natural gas remains cheaper than […]
ExxonMobil, Tillerson reach agreement to comply with conflict of interest requirements
Tillerson committed to State Department that, if confirmed, he would sell the 600,000 shares in ExxonMobil he owns Exxon Mobil Corporation has reached an agreement with former CEO Rex Tillerson to sever all ties with the company, allowing him to comply with conflict-of-interest requirements associated with his secretary of state nomination, according to an Exxon press […]
Rex Tillerson, Exxon CEO, could be steadying influence in Trump cabinet
Rex Tillerson would bring potential positives and negatives to Secretary of State President-elect Donald Trump continues his controversial appointments – or cabinet trial balloons, in some cases – and some of them could have important consequences for the American oil and gas industry, especially if Rex Tillerson takes over at State. Exxon Mobil’s CEO is the leading […]
America is not an oil swing producer, says energy economist
10% is not enough compensation for American capital just now – Hirs Rex Tillerson says the American shale oil sector has become the world’s swing producer, able to rapidly ramp up production in response to supply shortages. The Saudis, French supermajor Total, and energy economist Ed Hirs beg to differ. Tillerson – CEO of ExxonMobil, the […]
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