NEA - New English Academy.
English school offering an intensive program where you learn English in just twelve weeks.
We are located in Bogota, Colombia.
Exxon Mobil Corp. has been ramping up its lobbying of other energy companies to support a carbon tax, marking a shift in its approach to climate change as the industry faces growing pressure to address the politically charged issue, Amy Harder and Bradley Olson report. The oil giant has been meeting with Capitol Hill officials about related legislation and making the case with its U.S. peers to support a carbon tax, according to people familiar with the matter. Exxon has long viewed a carbon tax as the best way to address the risks of rising global temperatures—but it has done little to actively advocate for that goal in recent years.
Shell CEO Emphasizes Importance of EU’s Single Market After Brexit
Royal Dutch Shell PLC Chief Executive Ben van Beurden has called on European governments to keep a steady hand on the economy and continue to support the free movement of labor throughout the continent following the U.K.s vote to leave the European Union, Sarah Kent reports. Mr. van Beurden is the first CEO of a big energy company to speak since the referendum, and he reiterated the views he expressed during the campaign that business was better served by a strong EU with the U.K. in it. Shell and its British peer, BP PLC, have so far been beneficiaries of Brexit, with their share prices rising over the past week on the weaker pound and bullish oil prices. Overall, big oil companies don’t believe Brexit will affect them in the long term, as little of their business is done in the U.K. and oil is priced in dollars.
Meanwhile, politicians vying to succeed David Cameron as prime minister agree the U.K.’s new economic relationship with the EU should involve access to the bloc’s single market but they haven’t spelled out what Britain would be willing to give up for it, Jenny Gross and Jason Douglas report. Many EU leaders say that enjoying full access to the single market’s 440 million consumers would come only with consenting to the bloc’s free-movement-of-labor rules and paying into the EU budget—two of the main reasons behind many Britons’ decisions to vote to leave. Mr. Cameron’s successor is expected to be chosen in September.
U.K. to Continue With Climate-Change Policy Following Brexit Result
The U.K. will continue with its climate change policy regardless of last week’s vote to leave the EU, Britain’s Energy and Climate Change Secretary Amber Rudd said on Wednesday, Selina Williams reports. Ms. Rudd said the government will move ahead with plans to deliberate on its fifth carbon budget—a legislated target to limit the U.K.’s emissions to 57% below 1990 levels in 2028-32.
MARKETS
Oil prices retreated slightly on Thursday, but maintained levels above $49 a barrel as a tighter supply outlook encouraged investors.
In Norway, up to 7,500 oil and gas workers are set to strike this Saturday, possibly curbing a portion of the country’s oil supply, which contributes to just over 2% of global output. The union is seeking a decision over a wage dispute by midnight on July 1.
Elsewhere, supply from the Organization of the Petroleum Exporting Countries was balanced. Nigerian production was showing signs of recovery as talks between the Nigerian government and militants in the Niger Delta region allegedly continued. But in Iraq, exports fell by around 60,000 barrels a day in June to 3.14 million barrels a day, according to Copenhagen-based analysts Global Risk Management. The decline was attributed to maintenance and increased domestic demand.
No comments:
Post a Comment