More Top Stories in Business

Petrobras Sets Out $78 Billion in Capex for 4-year Period

Petrobras' biggest budget share for 2023-2027 will go toward pre-salt efforts, which are expected to deliver 78% of the company’s production by the end of 2027.

December 2, 2022

Berry Corp. Releases Plans to Update Executive Team Roles

Berry Corp. announces change in management for the new year and stresses shareholder return expansion.

December 2, 2022

Energy Transition in Motion (Week of Dec. 2, 2022): Hydrogen-Powered Aircraft

Here’s a look at some of this week’s renewable energy news including development of a hydrogen-powered aircraft plus a world aviation first by Britain’s Rolls-Royce.

December 2, 2022

Pamela L. Carter Appointed as New Enbridge Board Chair

Enbridge’s Monaco retires, appoints new president and CEO and board chair.

December 2, 2022

TotalEnergies to Cut UK Investment by 25% After Windfall Tax

The energy sector in the U.K. is faced with several taxes, including the newest windfall tax, bringing the total tax rate to 75%.

December 2, 2022

Forty Under 40: Michael Hart, Rio Grande E&P II LLC

Today's featured Forty Under 40 honoree is Michael Hart, who is CEO of Houston-based Rio Grande E&P II LLC.

December 2, 2022

Shale Pioneer Harold Hamm Attacks US-Venezuela Oil Deal as ‘Desperation’

Founder of U.S. shale producer Continental Resources Harold Hamm says the Biden administration wants to put American industry “out of business.”

December 2, 2022

Exxon Mobil, Mitsubishi Join Forces to Find Carbon Neutral Solutions

Exxon Mobil and Mitsubshi Heavy Industries announced the combination of carbon capture technologies.

December 1, 2022

Verde CO2 ‘Repurposes’ Oil and Gas Industry Expertise to Advance CCUS

A first mover in CCUS, Verde CO₂ Chairman and CEO Charles Fridge told Hart Energy how his company laid the foundation for success, assembling an experienced team and picking the best sites to capitalize on Gulf Coast geology for its sequestration plans.

December 1, 2022

Capturiant Launches With No-Drill Carbon Credit Product

Capturiant, a new environmental asset and ESG validator, registry and exchange solutions company launches with a new “no-drill” carbon credit product known as GEMS.

December 1, 2022