The Latest

Public Capital

Southwestern to Certify All Appalachia Production as Responsibly Sourced

Southwestern Energy—considered first-movers in the ESG space—certified its first wells as responsibly sourced in 2017 through a partnership with Project Canary.

June 24, 2021

Investment

India’s Reliance to Invest over $10 Billion in Green Energy Business

“The age of fossil fuels, which powered economic growth globally for nearly three centuries, cannot continue much longer,” said Reliance Industries Chairman Mukesh Ambani, Asia’s richest man, at a shareholder meeting.

June 24, 2021

Emissions

API Sets Greenhouse Gas Disclosure Guidelines for Oil Industry

The new guidelines released by API will provide standardization for individual oil and gas companies to report and track greenhouse-gas emissions, enabling for consistency and greater comparability in climate-related reporting.

June 24, 2021

Markets

Op-ed: Is the Electric Vehicle Game About to Change?

With the introduction of Ford’s EV pickup truck, is the adoption of electric vehicles about to enter a new phase and what’s its effect on oil demand?

June 24, 2021

Health, Safety & Environment

Enbridge Says Tougher Environmental Review Will Delay Line 5 Tunnel Project

Calgary-based Enbridge had planned to start building the $500 million tunnel beneath the Straits of Mackinac, connecting Lake Huron and Lake Michigan, this year.

June 24, 2021

Policy & Regulations

Completed Texas Legislative Session Focused on Energy Reliability, Eminent Domain Reform

Cornerstone Government Affairs’ Martin Hubert looks back at the key bills and actions impacting oil and gas from this year’s legislative session.

June 24, 2021

Exploration & Production

No Plan ‘Right Now’ to Permanently Ban New Oil and Gas Leasing, Haaland Says

U.S. Interior Secretary Deb Haaland said oil and gas production “will continue well into the future” but said the administration wants “to make sure American taxpayers are getting a good return on their investment.”

June 23, 2021

Exploration & Production

Expert: When Peak Oil Demand Arrives, OPEC’s Power Will Fade

Harvard researcher explores the linear progression of oil intensity and GDP.

June 23, 2021

Emissions

Baker Hughes Bolsters Energy Transition Commitment with New Carbon Capture Partnership

Participation in the new partnership will give Baker Hughes the ability to test and scale its carbon capture, utilization and storage technologies portfolio, the Houston-based company said.

June 23, 2021

Trade

Iran Claims US Agreed to Lift Oil Sanctions

Like other Western and Iranian negotiators who have said the talks remain a long way from conclusion, German Foreign Minister Heiko Maas said on June 23 that Tehran and the powers still had to overcome significant hurdles.

June 23, 2021