Latest News Updates From Cathy Bussewitz

Business, Fuel

Exxon Profits Drop as Most of World Stays °®¶¹´«Ã½

NEW YORK — Profits fell at ExxonMobil as the global pandemic began to erode oil demand.

May 1, 2020
Government, Business, Technology, Safety, Fuel

Exxon Outlines Steps to Reduce Harmful Methane Emissions

NEW YORK — ExxonMobil on March 3 outlined how it is reducing the methane its operations release into the atmosphere, detailing its efforts as governments around the globe write new rules to regulate the harmful greenhouse gas.

March 3, 2020
Government, Business, Fuel

As Coronavirus Spreads, Global Demand for Oil Lessens, Prices Fall

NEW YORK — With the coronavirus outbreak spreading to more countries, the price of oil has dropped precipitously as global demand weakens even further.

March 2, 2020
Government, Business, Fuel

OPEC Nations Grapple With Oversupply of Oil

The world may be heading for an even greater oversupply of oil, and that possibility — which could drive down fuel and energy prices — is hanging over members of the OPEC cartel as they head into negotiations Dec. 5. 

December 4, 2019
Government, Business

Exxon Trial Probes How Oil Giant Accounts for Climate Change

NEW YORK — New York’s attorney general is accusing Exxon Mobil of lying to investors about how profitable the company will remain as governments impose stricter regulations to combat global warming.

October 21, 2019
Business, Technology, Autonomous

Driverless Cars Deliver From Kroger-Owned Store in Arizona

The nation’s largest grocery chain stepped into the driverless delivery market Dec. 18, bringing milk, eggs and other items to a customer’s home in a vehicle with nobody at the wheel.

December 27, 2018