The Latest

Public Capital

Woodside, Santos Investors Reject Oil and Gas Wind-up Resolution

Almost one-fifth of votes cast ahead of Woodside Petroleum’s annual meeting and 13% of votes of Santos were in favor of the resolution proposed by shareholder activist group pushing the company to get out of oil and gas.

April 15, 2021

Legislation

Mexico’s Lower House Approves Contentious Oil Legislation

The initiative is part of President Andres Manuel Lopez Obrador’s efforts to strengthen state influence over the energy market at the expense of private capital.

April 15, 2021

Crude Oil

Oil Prices Hit One-month High as IEA, OPEC Raise Forecasts

Supply discipline and rebounding economies are set to give oil a chance to break out of the recent range, Goldman Sachs analysts said in a report.

April 15, 2021

Emissions

Can the World Reach Net-Zero Emissions by 2050?

The road to net zero will require closing technology gaps, collaboration, policy and realism among other steps, energy experts say.

April 15, 2021

Business

Oil and Gas Investor Energy Policy: Biden Policies Bring New Risks and Uncertainty

Over the past few weeks, we have seen a substantial shift in public policy in the U.S. that will have significant implications for the domestic oil and gas industry.

April 14, 2021

Exploration & Production

Bipartisan Senate Bill Would Direct Billions to Plugging Wells

Amount is nearly the level in President Biden’s infrastructure plan.

April 14, 2021

Exploration & Production

US Appeals Court Affirms Arctic, Atlantic Leasing Bans

The 9th Circuit Court of Appeals said President Joe Biden’s reinstatement of Obama-era protections makes moot the previous administration’s attempts to allow oil development there.

April 14, 2021

Public Capital

Chesapeake Launches ‘Responsibly Sourced’ Shale Gas Pilot with Project Canary

The initial agreement for the responsibly sourced natural gas partnership between Chesapeake and Project Canary includes select wellpads in northeast Pennsylvania and northwest Louisiana.

April 13, 2021

Crude Oil

OPEC Raises Oil Demand Growth Forecast on Hope Pandemic Wanes

The upward revision marks a change of tone from previous months, in which OPEC has lowered oil demand forecasts because of continued lockdowns.

April 13, 2021

Emissions

Total Partners with Siemens Energy to Reduce LNG Related Emissions

Total and Siemens Energy signed a technical collaboration agreement on April 13 to study sustainable solutions for CO2 emissions reduction.

April 13, 2021