Ford to shut some N. American plants for few weeks on chip shortage
Ford Motor Co (F.N) said on Wednesday several of its North American factories will be shut for a few weeks in July and August due to a global shortage of Continue Reading
U.S. natural gas producers hope customers will pay more for ‘green gas’
U.S. natural gas producers hope climate-conscious electric utilities and gas exporters will pay a premium for what they say is “greener gas” that has been certified as coming from low-emission Continue Reading
Chevron to sell some Permian assets valued at more than $1 bln -sources
Chevron Corp (CVX.N) is looking to sell two collections of conventional oil and gas fields in the Permian Basin valued at more than $1 billion combined, three sources told Reuters. Continue Reading
Biden climate adviser says clean electricity standard needed in infrastructure bill
A clean electricity standard, or CES, and tax credits for renewable energy are “bottom lines” needed in a second infrastructure package that could be passed this year, Gina McCarthy, the Continue Reading
Shell plans to hang on to Norco, Louisiana refinery
By the end of 2021, Royal Dutch Shell Plc (RDSa.L) will have just one operating crude oil refinery in the United States: The 227,400 barrel-per-day (bpd) refinery in Norco, Louisiana. Continue Reading
U.S. Companies Add More Jobs Than Expected, ADP Data Show
U.S. companies added more jobs in June than expected, indicating further progress in the nation’s labor market recovery. The 692,000 gain in private payrolls followed a downwardly revised 886,000 increase Continue Reading
Biden Administration Backs Maine Town To Ban Oil Pipeline From Canada
The U.S. Administration is supporting a city in Maine that has prohibited storage and handling of crude oil that would be shipped via a pipeline from Canada in a court Continue Reading
Biden administration to conduct broad review of US SPR by October
The US Department of Energy will conduct a broad review of the Strategic Petroleum Reserve by the end of September, the first in five years, to assess its size and Continue Reading
Government of Canada sets mandatory target of 100% zero-emission car and passenger truck sales by 2035 in Canada
The Government of Canada is setting a mandatory target for all new light-duty cars and passenger trucks sales to be zero-emission by 2035, accelerating Canada’s previous goal of 100% sales Continue Reading
Shell plans to exit California joint venture with Exxon Mobil
Royal Dutch Shell Plc (RDSa.L) plans to leave Aera, its California-based oil and gas-producing joint venture with Exxon Mobil Corp (XOM.N) , four people familiar with the talks told Reuters. Continue Reading