A member of President Biden’s Cabinet recently told oil companies what might happen to them if they fail to do something, and the admonition caught the attention of Rigzone’s downstream readership. Find out what the federal official said, along with other recent developments, in this recap of some of the most-viewed downstream-related articles from the past week on Rigzone. Once a leader in the production of cameras and films, Eastman Kodak Co. (NYSE: KODK) was slow to embrace the growing popularity of digital cameras – and its competitive dominance evaporated as a result. U.S. Secretary of Energy Jennifer Granholm recently told a prominent political news website that oil companies risk a fate like Kodak’s if they fail to diversity to “‘clean energy solutions.’” Moreover, Granholm warned energy players that the depth of their diversification efforts – or lack thereof […]

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