The Latest

Investment

Exxon Mobil’s Carbon Capture Megaproject in Houston Draws Support from Chevron, Others

Exxon Mobil unveiled that a slew of companies including Chevron, NRG Energy, Phillips 66 and more have all began discussing plans to support its carbon capture and storage plans in Houston.

September 17, 2021

Legislation

Biden’s Net-zero Plan Won’t Push Oil and Gas Away

A net-zero power sector by 2035 in the U.S. is one of the most ambitious decarbonization targets globally and will be “extremely challenging” to meet, analysts with Wood Mackenzie said.

September 17, 2021

Emissions

ION Receives Grant to Support UK Net-Zero Target through Port Decarbonization

ION Geophysical Corp.’s Edinburgh-based software group received a grant to advance port decarbonization through its climate-smart platform, Marlin SmartPort, the company said on Sept. 16.

September 17, 2021

Legislation

US House Panel to Probe Oil Companies over Climate Disinformation

The requests come as Democrats seek to pass a massive budget reconciliation bill, some of which fossil fuel interests oppose because they could add costs to drilling and mining.

September 17, 2021

Markets

Biden Administration Probing Why Gasoline Prices Are Not Falling

“There’s lots of evidence that gas prices should be going down but they haven’t,” U.S. President Joe Biden said on Sept. 16, adding his team was “taking a close look at that.”

September 17, 2021

Policy & Regulations

Op-ed: US Climate Policy Should Avoid ‘Partisan Trenches’

U.S. Representatives David McKinley (R-WV) and Kurt Schrader (D-OR) make the case for an alternative clean energy bill that the lawmakers claim will break the climate gridlock in Washington.

September 17, 2021

Business

Methane’s Moment in the Sun

In addition to being the fastest, lowest cost avenue in slowing down the rate of global warming, there’s also a lot of money to be made by saving the wasted methane emissions from the oil and gas industry.

September 16, 2021

Emissions

Data Project Backed by Al Gore Aims for Real-Time Emissions Monitoring

Other details about the precise sources of climate change are also shown in the material by Climate TRACE, drawing on data from satellites and high-level computer analysis.

September 16, 2021

Business

Houston-based NESR Continues to Strengthen Middle East Offerings with New Partnership

NESR has made several organic and inorganic long-term investments to grow its drilling and evaluation services segment.

September 16, 2021

Legislation

Argentina Sends Energy Bill to Congress to Boost Vaca Muerta

The project propose an incentive scheme based on increased approvals for oil and gas exports, and boosting access to foreign exchange markets—now hindered by capital controls.

September 16, 2021