Saudi Aramco is using new and developing technologies to accelerate its energy transition plans and to decrease carbon emissions. “Our reliability for 2020 is 99.8 percent, one of the highest in the world in terms […]
SANTA FE, N.M.—Lance Wilbanks was looking forward to a rebirth for his trucking company, which saw its business hauling drilling rigs across southeastern New Mexico drop from around two dozen a month to just a […]
Energy News Beat Publishers Note: In order to elevate people from poverty they need access to clean, reliable, and affordable energy. While going green is a good thing, it needs to be done with a […]
President Joe Biden’s nominee for Energy Secretary told a Senate committee Wednesday she would prioritize creating jobs while deploying new energy technologies if confirmed. Jennifer Granholm, the former governor of Michigan, also said she would seek to […]
An increase in Iranian oil exports to China has received some unwanted attention in recent days and is now prompting fears of a clampdown. Indonesia seized two vessels — one of which was Iranian-flagged — on Sunday […]
Singapore — 0336 GMT: Crude oil futures declined in mid-morning trade in Asia Jan. 28, despite a fall in US inventories, as worries over global growth recovery came back to the fore after the International […]
Saudi Arabia has revamped over half of the 400 foreign direct investment (FDI) regulations, as foreign investment rose in 2020 compared to 2019, said Minister of Investment Khalid bin Abdulaziz Al-Falih. “We have performed better […]
Growing oil product oversupply and government liberalisation efforts are unlikely to lead to any sharp reduction in Chinese refining capacity in the near future, supporting the country’s crude import demand and fuel exports, participants at […]
Tesla reported a web revenue of $270 million in 2020’s last quarter, serving to Elon Musk’s electrical automobile powerhouse notch its first worthwhile 12 months. As standard, gross sales of air pollution credit helped hold the corporate […]
Tailwater Capital LLC (“Tailwater” or the “Firm”), a private equity firm based in Dallas, today announced that it has signed definitive agreements to acquire Tall Oak Midstream II (“Tall Oak II”) and Tall Oak Midstream III […]
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