Leonard Nimoy dies at 83
Leonard Nimoy, who gained fans the universe over as Spock in "Star Trek," dies at age 83. Phil Furey reports
Leonard Nimoy, who gained fans the universe over as Spock in "Star Trek," dies at age 83. Phil Furey reports
Tourism chief said attractions are ‘recovering well’ from the coronavirus lockdowns
Saudi Aramco CEO Amin Nasser told attendees at CERAWeek by S&P Global, a global energy conference, that global leaders should "abandon the fantasy of phasing out oil and gas." When asked about those comments, ExxonMobil Chairman and CEO Darren Woods (XOM) tells Yahoo Finance's Julie Hyman that things like wind and solar power and the rise of EVs are a "necessary but not sufficient set of solutions" to the energy transition. Instead, Woods proposes a "broader" set of solutions is needed, including things like carbon capture and storage, hydrogen, and biofuels. Woods credits the Inflation Reduction Act (IRA) for opening "the aperture on other opportunities to reduce emissions above and beyond what wind and solar can do." When it comes to the IRA, Woods calls it "technology agnostic." The legislation "says what you should focus on is achieving an outcome which is lower carbon intensity for a product," Woods says, and as a result, the door is opened to other businesses to help achieve that goal, something Exxon is a "fan" of. The legislation has come under fire from Republicans, with Trump campaign officials telling the Financial Times that the former president would "gut" the IRA if he were reelected to the White House. If that were to happen, Woods says Exxon would be "responsive" to changes made by a new administration, but that "ultimately the world needs to decarbonize. We need to do more to reduce emissions. And I think the IRA is a good step towards that in terms of being technology agnostic, focus on reducing the emissions and lowering the carbon intensity of society. And I think that's the right approach." One of the big issues facing ExxonMobil right now is Chevron's (CVX) $53 billion deal to buy Hess (HES). Exxon, Hess, and China National Offshore Oil Corporation all have a stake in the Stabroek Block in Guyana. Exxon claims it has a right of first refusal when it comes to Hess's Guyana stake and has filed for arbitration with the International Chamber of Commerce. Woods says there are three reasons why the arbitration is important: to confirm and preserve their preemption rights, learn how Chevron values the assets in the Hess deal, and to "understand the value of that preemption right and what's in the best interest of the corporation and for our shareholders." Editor's note: This article was written by Stephanie Mikulich. Key video moments 00:00:25 Woods on reframing the energy transition 00:02:15 Woods discusses what works in the Inflation Reduction Act 00:04:39 How to balance the need for fossil fuels with the need to reduce emissions 00:06:28 Woods talks plans to be net zero in the Permian Basin by 2030, carbon capture technology 00:08:30 Woods on Chevron-Hess deal and Guyana
Former president attempts to turn tables on successor with lurid campaign video after his attorneys reveal he has been rejected by 30 lenders with clock ticking towards New York fraud case deadline
Funding for Department of Homeland Security proved a sticking point for negotiators as political pressure to address illegal immigration at southern border intensifies
This Saturday, March 23, show your support for environmental issues by switching the lights off
met market expectations and ended eight years of negative interest rates, likely the highlight of a busy week for central banks. But the day's big news was in Japan, where the BOJ heralded a new era as it shifted away from years of ultra-easy monetary policy. Japan's Nikkei was choppy initially after the decision but closed 0.66% higher, buoyed by the weaker yen, while Japanese government bond yields fell.
The central bank had previously cut the rate below zero to try and stimulate Japan's stagnating economy.
The Safety of Rwanda bill will return to the upper chamber on Wednesday, with peers expected to seek to amend the legislation yet again
Beyoncé’s new album, Cowboy Carter, is about to convert a lot of her fans to country music. Get ahead of the pack with our pick of the songs and artists that have defined the genre
4/5 The small show follows two women who patronised the most fashionable stores and dressmakers in London at the turn of the 20th century
Professional body language expert Scott Taylor has analysed the current MAFS couples and here is what he said.
You might need to take a look in the toilet and get yourself to a doctor.
During Koch-funded trips to mountain resorts, Trump judges huddled over a new strategy to advance “history and tradition” as the law of the land.
This research-backed tool can be a game-changer for productivity — and you might already be doing it.
Rail experts share their top tips for making train journeys as smooth as possible.
Sir John Curtice said opposition parties only had to say her name for voters to start questioning whether to trust the Tories with the economy
Campaigners from Transform Scotland say road building will lock people into unsustainable transport.
The Swiss economy will grow at a tepid rate in 2024, the government said on Tuesday, maintaining its earlier forecast for 1.1% growth this year albeit with a lower outlook for inflation. The government in December said that it expected the economy to grow by 1.1% this year, when adjusted for sporting events, slower than the long-term average of 1.8%. Next year the Swiss economy will expand by 1.7%, the State Secretariat for Economic Affairs (SECO) said, also the same level as the December forecast.
Gonzalo Fuentes/ReutersAn awards ceremony where Elon Musk, Rupert Murdoch, and others were set to be given an award in the name of the late Ruth Bader Ginsburg won’t go ahead as scheduled, the foundation running the event announced Monday, after backlash from the late Supreme Court justice’s family.Julie Opperman, chair of the Dwight D. Opperman Foundation, said in a statement that the “planned ceremony in April 2024 will be canceled” and addressed the criticisms at this year’s list of recipient