Energy Policy Watch: Avoiding Pitfalls of Europe’s Energy Transition
Industry expert Tom McNulty joins Energy Policy Watch to discuss the ongoing energy crisis in Europe plus how the U.S. can avoid making the same mistakes in its energy transition.
Why You Shouldn’t Count Colorado Oil and Gas Out
With a rigorous regulatory and environmental framework, here’s why oil and gas producers in the Centennial State have a key role to play in the “clean energy future,” according to Dan Haley, CEO of the Colorado Oil and Gas Association.
Tellurian’s Souki: European Gas Crunch Must Be a Wake-up Call to America
Here’s what the U.S. can learn from Europe’s gas shortage, according to Charif Souki, the LNG tycoon.
IEA Chief Says Russia Has Substantial Scope to Boost Europe’s Gas Supplies
Fatih Birol said the IEA’s own analysis suggested Russia could raise exports by roughly 15% of peak winter supply to Europe and urged Moscow to step up as a “reliable supplier.”
The Latest
Business
Energy Transition Part III: The Need for a Second Pathway
Carbon capture, utilization and storage technologies play a critical role in the energy transition. Will the oil and gas industry learn to adapt?
Petrochemicals
Plastics Projected to Outpace Coal’s Greenhouse-gas Emissions by 2030
The report projected that the plastic industry releases at least 232 million tons of greenhouse gases each year throughout its lifecycle from the drilling for oil and gas to fuel its facilities to incineration of plastic waste.
Policy & Regulations
S&P Gains EU Approval for $44 Billion Takeover of IHS Markit
The European Commission approved the $44 billion takeover on condition S&P sells IHS Markit’s U.S. Oil Pricing Agency Oil Price Information Service, PetroChemWire and its coal, metals and mining businesses
Policy & Regulations
US Antitrust Regulators Reportedly Slowing Down Oil and Gas Mergers
The FTC’s scrutiny threatens to put the brakes on dealmaking in the oil patch, which had already dropped to $18.5 billion of M&A between U.S. oil and gas producers in the third quarter.
Investment
Britain Strikes $552 Million Partnership with Bill Gates to Supercharge Green Tech
Speaking at a Global Investment Summit alongside U.K. Prime Minister Boris Johnson, Bill Gates said investment was needed to further develop new technologies that were currently too expensive for the consumer market.
Emissions
Biden Climate Envoy Kerry to Visit Saudi Arabia Next Week
The United States and the EU are trying to convince Saudi Arabia to join a global initiative on slashing emissions.
International
Russia Says Putin Won’t Fly to COP26, in Blow for Climate Talks
Russian President Vladimir Putin’s spokesman Dmitry Peskov said he would take part remotely, but the no-show by the leader of the world’s fourth-biggest emitter of greenhouse gases is the latest setback.
Exploration & Production
California Seeks Strict New Limits on Oil Drilling
If finalized, the new oil drilling rules unveiled by California Governor Gavin Newsom on Oct. 21 would be the most stringent of any state in the nation, topping Colorado’s setback requirement approved last year.
Public Capital
Exxon Mobil Pledges $400 Million to Boost Wyoming Carbon Capture
Exxon Mobil expects the expansion will capture up to 1 million metric tons of CO₂, in addition to the 6-7 million metric tons already captured at the LaBarge, Wyoming facility each year.
Business
Cornerstone Launches Innovative ESG Collaboration with Columbia University
In collaboration with Columbia University’s International Research Institute for Climate and Society, Cornerstone aims to create certifications and standards by which organizations can navigate the ESG landscape.