Author Topic: Fossil Fuel Profits Getting Eaten Alive by Renewable Energy! (Read 13133 times)

AGelbert · « **Reply #60 on:** January 29, 2016, 08:17:50 pm »

And now a summary of the latest news from the fossil fuel polluting Welfare Queens worldwide.

Halliburton posts $28 million Q4 loss
http://petroglobalnews.com/2016/01/halliburton-swings-to-28-million-q4-loss/

Petrobras cutting management staff by 30 percent
http://petroglobalnews.com/2016/01/petrobras-cutting-management-staff-by-30-percent/

Hess slashes 2016 E&P budget by 20 percent
http://petroglobalnews.com/2016/01/hess-slashes-2016-ep-budget-by-20-percent/

Keppel: Sete Brasil hasn’t paid us for over a year
http://petroglobalnews.com/2016/01/keppel-takes-160-million-q4-write-down-tied-to-petrobras-scandal/

Dong Energy writing down E&P arm by $2.3 billion

Quote

Denmark-based Dong Energy warned on Tuesday that it will write down the value of its upstream arm by just over $2 billion, citing low oil prices and reduced reserves.

http://petroglobalnews.com/2016/01/dong-energy-writing-down-ep-arm-by-2-3-billion/

Agelbert NOTE: ANY reduction in UPSTREAM pollution piggery is good news for the biosphere.

Upstream_(petroleum_industry): The oil and gas industry is usually divided into three major sectors: upstream, midstream and downstream. The upstream oil sector is also commonly known as the exploration and production (E&P) sector.[1][2]

Meanwhile, TEXANS keep LITERALLY dying on behalf of the fossil fuel industry "business model". Perhaps the fossil fuelers like MKing should stop referring to the oil industry workers as the "salt of the earth". SUCKERS for Big OIL is more like it.

Texas man killed in pipeline construction accident

http://petroglobalnews.com/2016/01/texas-man-killed-in-machinery-accident/

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Author Topic: Fossil Fuel Profits Getting Eaten Alive by Renewable Energy! (Read 13133 times)

AGelbert

Re: Fossil Fuel Profits Getting Eaten Alive by Renewable Energy!

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