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Big Oil gets investor reprieve as energy worries trump climate concerns | Hellenic Shipping News Worldwide

Big Oil has enjoyed an easier ride at shareholder meetings so far this year compared with last year’s punishing run of hostile investor votes tied to climate concerns, as those issues have been eclipsed by tight oil supplies. Major oil companies have handily defeated several high-profile climate resolutions brought by shareholder activists in the current . ....

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Analysis-Big Oil gets investor reprieve as energy worries trump climate concerns

By Ross Kerber and Simon Jessop ....

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Marathon oil refinery's black plume of smoke visible in much of El Paso

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The big, black plume of smoke visible in many areas of El Paso Tuesday morning was caused by gas flaring at the Marathon Petroleum oil refinery in East Central El Paso.
“Flares are safety systems that allow the safe combustion of materials in the event of unexpected operating conditions,” V.J. Smith, a spokesman for the refinery, said in an email.
Smith declined to specify what problem resulted in the flaring, which sent black smoke into the air for about 20 minutes beginning around 10:40 a.m.
“The flares are functioning properly and the refinery has deployed air-monitoring resources in areas adjacent to the refinery as a precaution, Smith said. There is no indication of any off-site impact.” ....

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Market movers: Stocks seeing action on Tuesday - and why

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Union urges shareholders to vote against Marathon exec pay: letter

Union urges shareholders to vote against Marathon exec pay: letter
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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