#oil-and-gas
#oil-and-gas

Business

The oil crisis fuelled by Russia's war is evaporating and so are the profits

Russia's invasion of Ukraine has led to declining profits for oil and gas companies as market volatility normalizes.

5 days ago

European startups

Energy Transfer (ET) Vs. Enterprise Products Partners (EPD): Which Dividend Is Best?

Energy Transfer and Enterprise Products Partners are both solid choices for income-focused investors, with one offering a higher dividend yield.

Business

The oil crisis fuelled by Russia's war is evaporating and so are the profits

Russia's invasion of Ukraine has led to declining profits for oil and gas companies as market volatility normalizes.

5 days ago

European startups

Energy Transfer (ET) Vs. Enterprise Products Partners (EPD): Which Dividend Is Best?

Energy Transfer and Enterprise Products Partners are both solid choices for income-focused investors, with one offering a higher dividend yield.

more#energy-sector

fromMail Online

3 weeks ago

OMG science

Texas rocked by swarm of four earthquakes in less than six hours

Texas experienced four minor earthquakes, likely induced by human activities related to oil and gas operations, particularly wastewater injection.

#chevron

Miscellaneous

Chevron to Lay Off Up to 20% of Staff

Chevron to lay off up to 20% of workforce to cut costs and streamline operations.

fromSFGATE

3 weeks ago

Silicon Valley

Chevron slashes 600 jobs at old Bay Area HQ, threatens more layoffs

Chevron is laying off 600 workers from its former headquarters, anticipating more layoffs to enhance organizational effectiveness and competitiveness.

fromwww.caribbeanlife.com

Miscellaneous

Chevron to Lay Off Up to 20% of Staff

Chevron to lay off up to 20% of workforce to cut costs and streamline operations.

fromSFGATE

3 weeks ago

Silicon Valley

Chevron slashes 600 jobs at old Bay Area HQ, threatens more layoffs

Chevron is laying off 600 workers from its former headquarters, anticipating more layoffs to enhance organizational effectiveness and competitiveness.

more#chevron

US politics

Guyana in middle of US-China Cold War Caribbean Life

Guyanese President Ali expressed a strong preference for US support over Chinese investment, reflecting evolving geopolitical dynamics in the region.

#us-tariffs

fromenglish.elpais.com

US news

Venezuela calls Trump's secondary tariffs illegal and desperate'

Venezuela condemns U.S. tariffs on oil and gas as illegal and desperate.

fromwww.cbc.ca

Canada news

GDP hit wall in February after January boost, says StatsCan | CBC News

Canada's economy showed strong growth in January but faced potential stagnation in February.

fromenglish.elpais.com

US news

Venezuela calls Trump's secondary tariffs illegal and desperate'

Venezuela condemns U.S. tariffs on oil and gas as illegal and desperate.

fromwww.cbc.ca

Canada news

GDP hit wall in February after January boost, says StatsCan | CBC News

Canada's economy showed strong growth in January but faced potential stagnation in February.

more#us-tariffs

#climate-change

Environment

US energy industry's climate retreat is putting profits over people, advocates say

Oil and gas companies are retracting climate commitments, prioritizing fossil fuel investments over earlier climate pledges.

BP drops climate targets in pivot back to oil and gas

BP is reducing investment in renewable energy and increasing spending on oil and gas amid slower-than-expected energy transition progress.

World politics

Can new Africa Energy Bank power a continent while protecting the planet?

Africa Energy Bank will fund oil and gas projects while navigating profits and climate responsibilities.

Business

BP and Shell backtracked on climate goals in 2024. Here's why

European energy companies are refocusing on oil and gas for short-term profits, reversing clean energy commitments amid rising costs and geopolitical challenges.

Cars

fromWIRED

Elon Musk Is No Climate Hero

Musk's recent interview indicates his evolving stance on the oil and gas industry, highlighting its necessity despite his environmental advocacy.

UK politics

New oil and gas field consent was unlawful - judge

The court ruled that consent for new Scottish oil and gas fields was unlawfully granted, requiring fresh approval.

Environment

US energy industry's climate retreat is putting profits over people, advocates say

Oil and gas companies are retracting climate commitments, prioritizing fossil fuel investments over earlier climate pledges.

BP drops climate targets in pivot back to oil and gas

BP is reducing investment in renewable energy and increasing spending on oil and gas amid slower-than-expected energy transition progress.

World politics

Can new Africa Energy Bank power a continent while protecting the planet?

Africa Energy Bank will fund oil and gas projects while navigating profits and climate responsibilities.

BP and Shell backtracked on climate goals in 2024. Here's why

European energy companies are refocusing on oil and gas for short-term profits, reversing clean energy commitments amid rising costs and geopolitical challenges.

Cars

fromWIRED

Elon Musk Is No Climate Hero

Musk's recent interview indicates his evolving stance on the oil and gas industry, highlighting its necessity despite his environmental advocacy.

UK politics

New oil and gas field consent was unlawful - judge

The court ruled that consent for new Scottish oil and gas fields was unlawfully granted, requiring fresh approval.

more#climate-change

#north-sea

Ban on new drilling confirmed as ministers consult on North Sea's clean energy future'

UK government aims to transition North Sea energy from oil and gas to renewables while protecting jobs and easing taxes on the sector.

UK government to end North Sea windfall tax in 2030

The UK government will end the windfall tax on North Sea energy profits by 2030, seeking a replacement for fair returns during high prices.

US news

Oil firms vow to fight judicial review of North Sea oil and gas projects

Shell and Equinor are committed to defending their North Sea projects despite legal challenges from environmental groups.

Business

North Sea oil firm Neo slows investment amid windfall tax concerns

The uncertainty over Labour government's fossil fuel policies has led Neo Energy to slow down investments in the North Sea oilfield.

Ban on new drilling confirmed as ministers consult on North Sea's clean energy future'

UK government aims to transition North Sea energy from oil and gas to renewables while protecting jobs and easing taxes on the sector.

UK government to end North Sea windfall tax in 2030

The UK government will end the windfall tax on North Sea energy profits by 2030, seeking a replacement for fair returns during high prices.

US news

Oil firms vow to fight judicial review of North Sea oil and gas projects

Shell and Equinor are committed to defending their North Sea projects despite legal challenges from environmental groups.

Business

North Sea oil firm Neo slows investment amid windfall tax concerns

The uncertainty over Labour government's fossil fuel policies has led Neo Energy to slow down investments in the North Sea oilfield.

more#north-sea

#bp

fromLondon Business News | Londonlovesbusiness.com

BP cuts net-zero spending by almost 4 billion - London Business News | Londonlovesbusiness.com

BP is reducing net-zero investment while increasing oil and gas spending, aiming to balance growth and sustainability.

BP to Fundamentally Reset' Strategy in Shift Back to Oil and Gas

BP is increasing investment in oil and gas while reducing focus on clean energy due to investor expectations and disappointing returns.

Digital life

BP to Reset' Strategy After Pressure From Investors, C.E.O. Says

BP's CEO promises a strategic reset, focusing on increasing oil and gas production while reducing investment in low-emission technologies.

6 months ago

Business

BP drops goal to reduce oil and gas output

BP has abandoned its 2030 oil and gas output cut target to regain investor confidence under CEO Murray Auchincloss.

fromLondon Business News | Londonlovesbusiness.com

BP cuts net-zero spending by almost 4 billion - London Business News | Londonlovesbusiness.com

BP is reducing net-zero investment while increasing oil and gas spending, aiming to balance growth and sustainability.

BP to Fundamentally Reset' Strategy in Shift Back to Oil and Gas

BP is increasing investment in oil and gas while reducing focus on clean energy due to investor expectations and disappointing returns.

Digital life

BP to Reset' Strategy After Pressure From Investors, C.E.O. Says

BP's CEO promises a strategic reset, focusing on increasing oil and gas production while reducing investment in low-emission technologies.

6 months ago

Business

BP drops goal to reduce oil and gas output

BP has abandoned its 2030 oil and gas output cut target to regain investor confidence under CEO Murray Auchincloss.

more#bp

#trump-administration

US news

Trump's pick for secretary of the Interior Department is Doug Burgum. Here's what to know

Burgum's potential confirmation could drive a significant shift in U.S. environmental policy towards energy production and resource management.

US Elections

Doug Burgum Is Confirmed by Senate as Interior Secretary

Doug Burgum will lead the Interior Department, promoting increased oil and gas exploration on federal lands.

Business

Play the "Trump Bump" With These 3 Stocks

Investors are optimistic about stocks benefiting from a Trump administration, particularly in the oil and gas sector.

US news

Trump's pick for secretary of the Interior Department is Doug Burgum. Here's what to know

Burgum's potential confirmation could drive a significant shift in U.S. environmental policy towards energy production and resource management.

US Elections

Doug Burgum Is Confirmed by Senate as Interior Secretary

Doug Burgum will lead the Interior Department, promoting increased oil and gas exploration on federal lands.

more#trump-administration

Business

Play the "Trump Bump" With These 3 Stocks

Investors are optimistic about stocks benefiting from a Trump administration, particularly in the oil and gas sector.

Shell investors in line for multibillion-dollar windfall despite weak profits

Shell maintains shareholder rewards despite falling profits, highlighting strong cash flows and effective cost management.

#energy-policy

Miscellaneous

Under Trump, an 'all of the above' energy policy is poised for a comeback

Trump's energy policy emphasizes an 'all-of-the-above' approach, supporting both fossil fuels and renewable energies.

New York City

Doug Burgum, Trump's Pick for Interior Secretary, Gets His Confirmation Hearing

Doug Burgum's close ties to oil executive Harold Hamm raise concerns over conflicts of interest in energy policy.

Miscellaneous

Under Trump, an 'all of the above' energy policy is poised for a comeback

Trump's energy policy emphasizes an 'all-of-the-above' approach, supporting both fossil fuels and renewable energies.

New York City

Doug Burgum, Trump's Pick for Interior Secretary, Gets His Confirmation Hearing

Doug Burgum's close ties to oil executive Harold Hamm raise concerns over conflicts of interest in energy policy.

more#energy-policy

Miscellaneous

Alaska sues Biden administration over oil and gas drilling leases in Arctic refuge

Alaska is suing the Biden administration over restrictions on oil and gas development in the Arctic National Wildlife Refuge, claiming violation of congressional directives.

fromwww.cbc.ca

Canada news

ANALYSIS | Trudeau's tumultuous relationship with the Canadian oilpatch | CBC News

Trudeau's early support for oil and gas development has dramatically shifted to discontent as provincial relations worsen and federal policies conflict with industry interests.

#energy-transition

Artificial intelligence

How digital transformation is reshaping energy systems

The energy transition to a low-carbon future is crucial and challenging.

Digital technologies are transforming operations in the oil and gas industry.

Business

Plan to hike windfall tax sparks energy jobs warning

UK oil and gas firms warn increased windfall taxes could jeopardize £200bn investment in energy and undermine jobs across the sector.

Artificial intelligence

How digital transformation is reshaping energy systems

The energy transition to a low-carbon future is crucial and challenging.

Digital technologies are transforming operations in the oil and gas industry.

Business

Plan to hike windfall tax sparks energy jobs warning

UK oil and gas firms warn increased windfall taxes could jeopardize £200bn investment in energy and undermine jobs across the sector.

more#energy-transition

OMG science

West Texas is deep in drought. Could oil wastewater be the solution?

Repurposing produced water in West Texas could provide irrigation solutions and reduce risks associated with wastewater injection.

There are pilot projects evaluating the feasibility of produced water for agricultural use.

Trump Picks Burgum for Interior Secretary

Doug Burgum appointed to lead the Interior Department focuses on expanding oil and gas drilling on federal lands.

fromCity Limits

Miscellaneous

Will Trump's New EPA Pick Move His 'Drill, Baby, Drill' Agenda Forward?

The new EPA head's environmental stance remains uncertain amidst administration fossil fuel expansion goals.

US Elections

Trump Picks Burgum for Interior Secretary

Doug Burgum appointed to lead the Interior Department focuses on expanding oil and gas drilling on federal lands.

fromCity Limits

fromRedfin | Real Estate Tips for Home Buying, Selling & More

Miscellaneous

Will Trump's New EPA Pick Move His 'Drill, Baby, Drill' Agenda Forward?

The new EPA head's environmental stance remains uncertain amidst administration fossil fuel expansion goals.

more#donald-trump

Austin

10 Major Texas Industries to Consider if You're Working in or Moving to the Lone Star State

Texas offers a diverse economy with significant job opportunities in various sectors, making it an attractive place for new residents.

US Elections

Oil Interests Gave More Than $75 Million to Trump PACs, New Analysis Shows

Oil and gas interests have contributed around $75 million to Trump's campaign, indicating significant support from the fossil fuel industry.

fromAxios

Miscellaneous

Why Trump is spending Halloween in deep-blue New Mexico

Trump's visit to New Mexico aims to court Latino voters despite his controversial immigration views and previous remarks.

Business

How to Earn $14,500 a Year in Passive Income Off America's Energy Dominance

Midstream companies are essential in the oil and gas supply chain, providing vital storage and transportation services.

fromLos Angeles Times

California

California lawmaker warns of 'financial catastrophe' if oil well rules aren't enforced

The California Department of Conservation exempts a major merger from a law requiring oil companies to plug orphan wells, raising concerns about accountability.