Soon after his inauguration, U.S. President Joe Biden signed executive actions that included formally revoking the permit needed to build the Keystone XL oil pipeline and rejoining the Paris Agreement on climate change.
Equinor, formerly called Statoil, received the Athabasca Oil shares in 2017 as part of a deal to sell its Kai Kos Dehseh oil sands project in the Canadian province of Alberta.
The announcements will also include a sweeping order to review all of Trump's actions weakening climate change protections, the revocation of a vital permit for the Keystone XL and a moratorium on leasing activities in the Alaska National Wildlife Refuge, Biden aids say.
Occidental Petroleum pumps more CO₂ into the ground than carmaker Tesla prevents being emitted on roads, CEO Vicki Hollub says.
Total is paying $2.5 billion for a share in India's Adani Green Energy and its solar power assets, in what the French company said was its biggest investment yet in renewables.
Angie Gildea, who was recently named the U.S. national sector lead for KPMG’s energy business, sat down with Hart Energy’s Jessica Morales to talk about key areas the oil and gas industry should focus on in the year ahead.
Total’s departure will mark the first major energy company to quit API, which is the largest U.S. oil and gas lobby and the primary trade group for the industry.
Chevron and San Jose-based Blue Planet also signed a letter of intent to collaborate on potential pilot projects and commercial development in some geographies.