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Background
Based in Washington DC, the American Petroleum Institute (API) is the largest trade association for the oil and gas industry, representing over 600 corporate members “from the largest major oil company to the smallest of independents, come from all segments of the industry.” The API says its mission is to “influence public policy in support of a strong, viable U.S. oil and natural gas industry.” API describes itself as “the only national trade association that represents all aspects of America’s oil and natural gas industry.” [1]
API was initially established on March 20, 1919 in New York City and moved to Washington DC in late 1969. According to its website, API “speak[s] for the oil and natural gas industry to the public, Congress and the Executive Branch, state governments and the media. We negotiate with regulatory agencies, represent the industry in legal proceedings, participate in coalitions and work in partnership with other associatio
Former Exxon chief from Watertown leaving bank thepublicopinion.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thepublicopinion.com Daily Mail and Mail on Sunday newspapers.
âIs Exxon a Survivor?â The Big Oil giant is at a crossroads
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âIs Exxon a Survivor?â The Big Oil giant is at a crossroads
By Clifford Krauss
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Over the last 135 years, ExxonMobil has survived hostile governments, ill-fated investments and the catastrophic Exxon Valdez oil spill. Through it all, the oil company made bundles of money.
But suddenly Exxon is slipping badly, its long latent vulnerabilities exposed by the coronavirus pandemic and technological shifts that promise to transform the energy world because of growing concerns about climate change.
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Is Exxon a Survivor?’ The Oil Giant Is at a Crossroads. Source: By Clifford Krauss, New York Times • Posted: Sunday, December 13, 2020
Exxon Mobil is struggling to find its footing as demand for oil and gas falls and world leaders and businesses pledge to fight climate change.
HOUSTON Over the last 135 years, Exxon Mobil has survived hostile governments, ill-fated investments and the catastrophic Exxon Valdez oil spill. Through it all, the oil company made bundles of money.
But suddenly Exxon is slipping badly, its long latent vulnerabilities exposed by the coronavirus pandemic and technological shifts that promise to transform the energy world because of growing concerns about climate change.
Is Exxon a survivor? The oil giant is at a crossroads houstonchronicle.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from houstonchronicle.com Daily Mail and Mail on Sunday newspapers.