ExxonMobil’s CEO, Rex Tillerson, stated Wednesday the company will not be joining a group of European oil companies who are forging a unified corporate policy towards climate change. “Exxon has been consistent in its positions on the impact of rising temperatures and doesn’t need to be part of a group, Tillerson said.

Royal Dutch Shell Plc and BP Plc are among the European companies working together on a climate strategy in advance of United Nations’ climate talks set to conclude in Paris this December.” [Financial Post]

Wildfires in northern Alberta have kept approximately 10% of Canada’s oil sands production offline for a third day with Bank of America warning it may slow down the economy. “A fire at Cold Lake Weapons Range that started Saturday expanded westward to cover 10,000 hectares, Alberta’s Environment and Sustainable Resource Development agency said on its website. Another fire broke out to the north near the town of Chard and was burning 1,000 hectares.

Blazes have prompted the shutdown of about 230,000 bpd of oil-sands output and will trim as much as 0.3% from Canada’s second-quarter economic growth if disruptions persist through May, Bank of America economist Emanuella Enenajor said in a report Tuesday.” [World Oil]

The Illinois State Legislature has ignored Exelon’s warning to close Illinois nuclear plants with no short-term legislation planned to invest in under resourced facilities.”The Legislature won’t vote this week on Exelon’s bill and two other energy-related measures, one pushed by Exelon-owned Commonwealth Edison and the other by a coalition of green groups and clean-energy firms. And signs point to no action until autumn at the earliest.

“The issue may well spill over into the fall,” said Steve Brown, spokesman for House Speaker Michael Madigan.” [Crain’s Chicago Business]