Baker Hughes Co., one of the world’s biggest oilfield servicers, bought technology that enables companies to capture carbon emissions with a view to storing them underground as the industry faces Continue Reading
“People have money and they’re not spending it on going out to the theater, they’re buying goods, CEO Black Gold Investors LLC. The transport industry has been one of the Continue Reading
Louisiana voters approved a change to the state constitution to allow the presence or production of oil or gas to be taken into account when assessing the fair market value Continue Reading
Democratic incumbent Jay Inslee held onto his seat as governor of the state of Washington as voters Nov. 3 selected him to continue guiding the state toward meeting aggressive climate Continue Reading
The euro zone’s economic recovery stalled last month as a second wave of coronavirus cases and restrictions imposed to try and contain it whacked activity in the bloc’s dominant service Continue Reading
Oil rose the most in more than three weeks as Russian producers met with Energy Minister Alexander Novak to discuss the possibility of delaying an easing of OPEC+ output cuts Continue Reading
Crude oil futures were largely steady during mid-morning Asian trade Nov. 3, as support from strong economic data and speculation over Russian willingness to extend OPEC+ production cuts faded amid Continue Reading
Oil prices extended their rally on U.S. Election Day amid a recovery in financial markets on Tuesday, but concerns over surging coronavirus cases around the world capped further gains. Brent Continue Reading
Global oil demand will peak at 102 million barrels per day (bpd) in 2028, Rystad Energy said on Monday, noting that the push to low-carbon energy and the coronavirus pandemic Continue Reading
The world seems to be coming apart at the seams. It’s critical to understand why, so that we can avoid the worst and find the best responses so as to Continue Reading
