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E&P
Survey: Energy Transition to Remain Priority for Oil Industry Leaders
A recent survey revealed the energy transition will likely be immune to COVID-19 as 92% of oil and gas executives reported already having or developing a strategy to reduce reliance on fossil fuels.
Russian Minister, Oil Majors Reported to Discuss Output Cut Extension
The meeting is seen as support for stabilizing oil markets.
Oil CEOs Pen Open Letter Pushing for Climate Change Action
The letter addresses concerns that the COVID-19 crisis may push oil and gas companies and governments around the world to delay action on climate change.
The Latest
Emissions
Investors, Scientists Urge IEA Head to Take Bolder Climate Stance
Groups want the organization to align its June report with Paris accord goal.
May 29, 2020
Imports
COLUMN: US Crude Stocks Swell as Saudi Tankers Unload
If the increase is a one-off, it won’t affect a market that is quickly rebalancing.
May 29, 2020
Investment
Norway Plans $369 Million Green Industry Investments
The Norwegian government proposes spending 3.6 billion Norwegian crowns (US$369 million) on investments to make its economy greener as it gradually emerges from coronavirus lockdowns, the government said on May 29.
May 29, 2020
Investment
Survey: Energy Transition to Remain Priority for Oil Industry Leaders
A recent survey revealed the energy transition will likely be immune to COVID-19 as 92% of oil and gas executives reported already having or developing a strategy to reduce reliance on fossil fuels.
May 28, 2020
Policy & Regulations
US Interior Department Proposes Delay in Royalty Payments to Help Drillers
Details of the proposal were not available. A spokesman for ONRR said the agency “does not comment on draft rules prior to their publication.”
May 28, 2020
Methane
E&P Operator Solutions: Methane Measurement Understanding the Big Picture
By establishing a good strategy for emissions management, oil and gas operators can bring an end to the never-ending chase of identifying and fixing leaky systems.
May 28, 2020
Crude Oil
Kremlin: Putin, Saudi Crown Prince Agree Further Coordination on Oil Output Cuts
Online OPEC+ conference will discuss production reduction in mid-June.
May 28, 2020
International
Senators Weigh Additional Sanctions on Russia’s Nord Stream 2
Shaheen, Cruz consider broadening the scope of their sanctions legislation.
May 28, 2020
Public Capital
Chevron Shareholders Approve Push for More Transparency on Climate Lobbying
Chevron shareholders on May 27 voted to approve a proposal demanding that the company issue a report on its climate change related lobbying activities.
May 28, 2020
Public Capital
Exxon Mobil Shareholders Reject Splitting Chairman, CEO Roles
Under CEO Darren Woods, Exxon Mobil blocked six climate resolutions from this year's ballot, encouraging activists to seek the split.
May 27, 2020