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HOUSTON (Reuters) – Exxon Mobil Corp (XOM.N) sent a letter to the U.S. Environmental Protection Agency in support of methane gas emission rules put in place under the Obama administration, according to a copy of the letter seen by Reuters pearl cufflinks uk online. The administration of President Donald Trump in September proposed weakening requirements for repairing leaks of the greenhouse gas in drilling operations in a step toward rolling back an Obama-era policy that was intended to combat climate change. “We support maintaining the key elements of the underlying regulation, such as leak detection and repair programs,” Exxon Vice President Gantt Walton said in the letter dated on Monday..
The company believes “reasonable regulations help reduce emissions” and support the use of cleaner-burning natural gas, the letter said. Methane, the primary component of natural gas, leaks from oil and gas wells during drilling. It accounts for 10 percent of U.S. greenhouse gas emissions but has more than 80 times the heat-trapping potential of carbon dioxide in the first 20 years after it escapes into the atmosphere. The oil and gas industry is the largest single source of U.S pearl cufflinks uk online. methane emissions, according to EPA data..
TOKYO/PARIS (Reuters) – The head of Nissan and acting CEO of Renault will hold talks during a two day meeting of their carmaking partnership starting on Tuesday, sources said, amid a crisis in relations sparked by the arrest of long-time alliance supremo Carlos Ghosn pearl cufflinks uk online. The meeting between Nissan (7201.T) CEO Hiroto Saikawa and Renault (RENA.PA) deputy CEO Thierry Bollore is their first since Ghosn’s Nov. 19 detention over financial misconduct allegations. Renault, Nissan and alliance spokespeople all declined to comment on the gathering in Amsterdam, beyond confirming that Saikawa would attend. No announcements are planned..
The sit-down comes a day after Saikawa rebuffed Renault’s demand for an early shareholder meeting that would have offered the French carmaker a chance to weigh in on Ghosn’s replacement as Nissan chairman and on other board appointments at its Japanese partner. Renault owns 43.4 percent of Nissan, whose 15 percent stake in its French parent carries no voting rights. Nissan, in turn, controls Mitsubishi (7211.T) via a 34 percent holding pearl cufflinks uk online. Ghosn was charged in Japan last week alongside alleged accomplice Greg Kelly and Nissan itself over their failure to declare $43 million in deferred income that Ghosn had arranged to be paid while chairman and CEO of the Japanese firm..
Both men remain in custody and have had limited opportunity to respond to the allegations or defend themselves publicly. The scandal has shaken the Renault-Nissan-Mitsubishi alliance, with Saikawa calling for changes to weaken Renault’s control as he moved to oust Ghosn in the week of his arrest pearl cufflinks uk online. Saikawa planned to discuss changes in alliance management with Bollore, sources familiar with the matter said – including a new leadership troika in which the three companies would be equal partners. Under current agreements, Renault ultimately controls the alliance board. A meeting last month failed to name an interim leader for the partnership..