U.S. refiners have started to release plans to lower their carbon footprints, with a focus on reducing Greenhouse Gas (GHG) emissions by boosting renewables output, and through carbon capture programs. Continue Reading
US crude oil inventories likely declined during the week ended Jan. 15 as exports remained steady, an S&P Global Platts analysis showed Jan. 19. Total commercial crude oil stockpiles are Continue Reading
US well completions activity should help to drive oilfield services growth in 2021, with more activity seen in Latin America and Asia as well, Halliburton’s CEO said on an earnings Continue Reading
The Canadian province that invested $1.1 billion of taxpayers’ money in the controversial Keystone XL project is now considering the sale of pipe and materials to try to recoup some Continue Reading
Halliburton Co on Tuesday predicted a recovery in the global oil and gas industry from the second quarter after the oilfield services provider beat profit estimates on cost cuts and Continue Reading
Russia is preparing to make the earliest-ever shipment of liquefied natural gas to Asia, taking advantage of thinning ice in the Arctic Ocean and paving the way for a record-long Continue Reading
Gazprom has warned investors that the Nord Stream 2 pipeline project could be suspended or discontinued due to “political pressure,” among other exceptional circumstances, the Russian gas giant says in Continue Reading
The US has imposed sanctions against Russia-based KVT-RUS — owner of the pipe laying vessel Fortuna — because of its role in the construction of the Nord Stream 2 gas Continue Reading
Germany’s coronavirus deaths reached a record and Chancellor Angela Merkel extended restrictions, warning of possible travel curbs to keep out new strains. A study on the South African variant raised concern Continue Reading
Mercedes-Benz is taking on one of the most complex industry challenges with the rollout of its battery-powered EQA: selling small electric cars without a big profit squeeze. The brand’s first Continue Reading
