OIL

Biden

More restrictions on Biden’s oil and gas are on the horizon | OilPrice.com

Despite pleading with oil and gas companies to increase production in recent months, to tackle global shortages and rising prices, President Biden is once again hitting the industry hard by proposing a bigger cut emissions in operations. And he’s not alone, as the UK and EU seek to reduce gas flaring and venting practices to …

More restrictions on Biden’s oil and gas are on the horizon | OilPrice.com Read More »

China calls for oil to be swapped with yuan at Gulf summit in Saudi Arabia

China calls for oil to be swapped with yuan at Gulf summit in Saudi Arabia

Former senior adviser to Secretary of State Pompeo Mary Kissel reacts to Xi Jinping’s meeting with the Saudi crown prince, telling ‘Mornings with Maria’ that it is an “important strategic move by China”. Chinese President Xi Jinping on Friday called on leaders of major oil-producing nations to conduct oil sales using the Chinese yuan as …

China calls for oil to be swapped with yuan at Gulf summit in Saudi Arabia Read More »

Democratic lawmakers accuse big oil companies of 'greenwashing'

Democratic lawmakers accuse big oil companies of ‘greenwashing’

Gas prices are displayed at an Exxon gas station on July 29, 2022 in Houston, Texas. Exxon and Chevron posted record profits in the second quarter of 2022 as energy stocks have weakened in recent months. Brandon Bell | Getty Images On Friday, two Democratic lawmakers accused the largest oil companies in the United States …

Democratic lawmakers accuse big oil companies of ‘greenwashing’ Read More »

Oil Clearance Effort for Keystone Pipeline Spill Will Extend Until Next Week, Says US EPA

Oil Clearance Effort for Keystone Pipeline Spill Will Extend Until Next Week, Says US EPA

Dec 9 (Reuters) – The effort to clear oil from the largest crude oil spill in the United States in nearly a decade will continue until next week, the U.S. Environmental Protection Agency said on Friday. environment, making it likely that the Keystone pipeline will be shut down for several more days. TC Energy (TRP.TO) …

Oil Clearance Effort for Keystone Pipeline Spill Will Extend Until Next Week, Says US EPA Read More »

Oil companies have internally rejected swift climate action, House panel finds

Some of the world’s biggest oil and gas companies have internally dismissed the need to quickly switch to renewables and cut global warming emissions, despite coming forward publicly as concerned about the climate crisis, a researcher has found. committee of the United States House of Representatives. Documents obtained from companies such as Exxon, Shell, BP …

Oil companies have internally rejected swift climate action, House panel finds Read More »

Big Oil talks 'transition' but perpetuates oil, House docs show

Big Oil talks ‘transition’ but perpetuates oil, House docs show

Comment this story Comment Some of the world’s major oil companies remain skeptical of the ‘energy transition’ to a low-carbon economy, even as they publicly portray their companies as partners in the cause, according to documents obtained by The Post which will be published by a house committee Friday. The documents, forming part of a …

Big Oil talks ‘transition’ but perpetuates oil, House docs show Read More »

Turkey halts oil not subject to Russian sanctions, raising concerns over global energy market supply

Turkey halts oil not subject to Russian sanctions, raising concerns over global energy market supply

Cargo ships and ships pass through the Bosphorus Strait, a body of water connecting the Black Sea to the Sea of ​​Marmara and the Mediterranean Sea via Istanbul, Turkey. Above, the Russian-flagged Volga River Taganrog tanker cruises through the Bosphorus Strait in October 2022. Nurphoto | Nurphoto | Getty Images Tankers full of Kazakh oil …

Turkey halts oil not subject to Russian sanctions, raising concerns over global energy market supply Read More »