The government of Alberta, Canada's main oil-producing province, on Oct. 9 took the first steps towards establishing its so-called 'energy war room' aimed at boosting the image of the oil and gas industry.
Given that the world will rely on fossil fuels for decades, even with the most stringent government policies to reduce energy use, oil companies face their own climate emergency. How can they retain social legitimacy?
Oil and gas companies have come under huge public and investor pressure in recent years to reduce carbon emissions from their operations and the products they sell.
The Trump administration's effort to cut red tape and speed up major energy projects has hit a roadblock in the case of the three biggest U.S. pipelines now planned or under construction.
Energy Secretary Rick Perry recommended Ukraine President Volodymyr Zelenskiy's administration talk with Daniel Yergin, Pulitzer Prize winning energy historian and vice chairman of IHS Markit, and Carlos Pascual, a former ambassador to Ukraine, on energy reforms, a U.S. Energy Department official said on Oct. 7.
Some Democratic presidential candidates are campaigning to ban hydraulic fracturing within the oil and gas industry nationwide if elected in 2020. What if?
The BLM has not held a lease sale in California since 2013, when a judge ruled that the agency illegally issued leases without analyzing the environmental impact of fracking.
Iran will not succumb to U.S. pressure and will use every possible way to export its oil, Iranian Oil Ministry's website SHANA quoted Oil Minister Bijan Zanganeh as saying on Oct. 6.
Exxon Mobil Corp. this week banned the use of vessels linked to oil flows from Venezuela in the last year, according to four people familiar with the matter, putting new pressure on the U.S. sanctioned country and on global crude freight rates.