Investors, pension funds and companies need to get ahead of the financial risk from climate change, as many fossil fuel assets risk becoming worthless. “We can’t have a financial sector Continue Reading
The insanity continues in the North Dakota Bakken, as the shale industry is flaring nearly 20% of its natural gas production. That is one hell of a lot of natural Continue Reading
ExxonMobil Corp.’s subsidiary XTO Energy, Inc. has entered into a long-term gas gathering and processing agreement with private midstream company Outrigger Energy II under which Outrigger will build a cryogenic Continue Reading
The ongoing growth of fracking in the U.S., plus the related buildout of pipelines, refineries and petrochemical plants, will release the equivalent of 50 new coal-fired power plants over the Continue Reading
Last April, Colorado Governor Jared Polis (D) said, “…it is our hope that the oil and gas wars that have enveloped our state are over,” but the conflict appears far Continue Reading
A group of Barclays shareholders coordinated by responsible investment lobby group ShareAction want the bank to phase out financing fossil fuels, stepping up pressure on one of Europe’s biggest funders Continue Reading
U.S. shale producers have boosted their hedges to lock in higher oil prices for their production this year and next as oil prices shot up following the heightened tension in Continue Reading
The U.S. Gulf of Mexico made history in August as it exceeded oil production of 2MMbopd, according to the U.S. Bureau of Safety and Environmental Enforcement. The U.S. Gulf of Continue Reading
Repsol has drilled oil wells in Libya Benjamin Lowy/Getty Images The world’s appetite for oil could peak within five years, according to one of Europe’s biggest oil and gas firms Continue Reading
Not counting the decade’s largest acquisition deal, the $57-billion Occidental takeover of Anadarko, 2019 saw only $39 billion in oil and gas deals. But if the $11 billion deals in Continue Reading
