Texas, once the undisputed and seemingly infallible powerhouse of the United States’ energy sector and the world’s shale markets, is struggling to stay afloat . While the COVID-19 pandemic was Continue Reading
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ExxonMobil plans to reduce the greenhouse gas emissions from its global upstream operations by 2025, in support of the Paris Agreement, the U.S. supermajor said on Monday, days after it Continue Reading
Electric vehicles are getting more advanced and more accessible all the time. As charging infrastructure proliferates and vehicle technology improves, they’re becoming more and more suitable replacements for your gas Continue Reading
Phillips 66 will cut its 2021 capital spending budget to $1.76 billion, around 40% below the $2.9 billion spent in 2020, putting the focus on projects in the process including Continue Reading
After years in the shadow of the U.S. shale boom, the Canadian oil sands are emerging from 2020’s historic market crash with a slew of upbeat outlooks from Wall Street Continue Reading
The biggest van and truck manufacturers in Europe have committed to phasing out traditional combustion engines running on diesel by 2040, ten years earlier than initially planned, the Financial Times Continue Reading
Oil climbed past $50 a barrel after another tanker explosion in the Middle East raised concerns over the region’s stability, and as the first Covid-19 vaccine was poised to be Continue Reading
Here is a look back at some of Rigzone’s most-viewed downstream-related articles from the past week. References to partying and corruption – and a new plant in Saudi Arabia – Continue Reading
When the European Union tied its pandemic relief plan to renewable energy generation and emissions reduction targets, analysts sounded an alarm for LNG as the production of the superchilled fuel Continue Reading
