The Latest

Public Capital

BP’s Net-Zero Goals See The Major Dwindle Oil Activity

BP’s shift to becoming a net-zero company uncovers an eventual transformation of its upstream oil and gas business.

February 12, 2020

Emissions

Plant A Trillion Trees: Republicans Offer Fossil-Friendly Climate Fix

Environmentalists argue that planting trees while ignoring emission cuts is counterproductive.

February 12, 2020

Crude Oil

US Charges 5 With Conspiring To Purchase Iranian Oil

Defendants sought to sell oil to China in violation of sanctions.

February 12, 2020

Business

BP Deepens Emissions Targets As CEO Looney ‘Reinvents’ Oil Major

BP plans deep cuts to its carbon emissions by 2050, setting one of the oil sector’s most ambitious targets, as part of the biggest overhaul in the company’s 111-year history by new CEO Bernard Looney.

February 12, 2020

Crude Oil

EIA Cuts Global Oil Demand Forecast After Coronavirus Outbreak

The EIA on Feb. 11 cut its global oil demand growth forecast for this year by 310,000 barrels per day as the coronavirus outbreak dents oil consumption in China.

February 12, 2020

Investment

ESG For Energy: Three Things Companies Should Be Doing (Part 2)

Energy companies will be able to handle the expansion and integration of renewables into their existing operations but are less prepared in the non-operational space, says Opportune’s Tony Jones.

February 12, 2020

Crude Oil

Report: Coronavirus To Cut Oil Demand Growth By 25% This Year

Rystad Energy now predicts global oil demand will grow by 820,000 bbl/d in 2020, down from a December forecast of 1.1 million bbl/d.

February 11, 2020

Liquefied Natural Gas (LNG)

Secretary Brouillette: US Not Concerned By Any New OPEC Cuts

U.S. Energy Secretary Dan Brouillette also said that while LNG prices are the lowest they've been in years, "the future is still bright for LNG."

February 11, 2020

Liquefied Natural Gas (LNG)

Rio Grande LNG Receives Non-FTA Export Authorization

NextDecade’s facility approved by the Department of Energy.

February 11, 2020

Crude Oil

Trump’s Budget Proposes Sale From Emergency Oil Reserve

Budget documents said a sale from the Strategic Petroleum Reserve would help raise funds for priorities including $242 million needed to fix a Naval Petroleum Reserve site in California.

February 11, 2020