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