The Latest

Crude Oil

Climate Emergency Dominates London’s Oil Week

Discussions at this year’s IP Week, including from IEA’s Fatih Birol, illustrated the increasing sense of urgency among the oil and gas industry in addressing climate issues.

February 26, 2020

Exploration & Production

Rubio Confident Trump Will Extend Fla. Offshore Drilling Ban

Senator lifted hold on nomination of Interior official who backed drilling.

February 26, 2020

Emissions

E&P Industry Pulse: Emergence Of Carbon Capture Technologies

Global and domestic initiatives facilitate emissions capture for storage and reuse in energy development.

February 26, 2020

Public Capital

BP To Quit Western Energy Alliance, Other Trade Groups Over Climate Policies

Western Energy Alliance and two other U.S.-based trade organizations do not “share our ambitious and progressive approach to the energy transition,” says BP CEO Bernard Looney.

February 26, 2020

Business

Trump Admin In Talks About Chevron’s Operations In Venezuela

The Trump administration is in discussions about whether to renew a license for Chevron's operations in Venezuela as Washington looks to increase pressure on its socialist leader.

February 26, 2020

Infrastructure

Supreme Court Leans Toward Atlantic Coast Pipeline

Dispute between Dominion and environmental groups concerns construction under a national park.

February 25, 2020

Exploration & Production

Equinor Scraps Contested Plan To Drill For Oil In Great Australian Bight

Oil companies eyeing the Great Australian Bight have long battled opposition from green groups concerned about potential damage to fishing towns.

February 25, 2020

Frac Spread

South Korea’s Thirst For US Crude Oil To Keep Growing

With the U.S. set to become a net exporter of crude oil for the first time in 2020, Asia is expected to be a focus for more shipments.

February 24, 2020

Investment

Varying Shades Of Green: Big Oil’s Different Energy Transition Approaches

From renewable power projects to cutting emissions from oil and gas operations, supermajors on both sides of the Atlantic are taking different approaches to going greener.

February 24, 2020

Investment

Carbon Capture Advocates Still Waiting For Way Forward

The IRS and U.S. Treasury Dept. have not yet issued final rules on exactly how to implement these credits, causing proponents of carbon capture, use and storage technology a great deal of frustration.

February 24, 2020