Norwegian state-owned energy company Equinor will acquire East Point Energy, a US-based developer of grid-scale battery energy storage projects. With the Norwegian state as its 67% majority shareholder, Equinor – formerly known as Statoil – […]
“As compared to 2014 when there were about 900 CNG stations, currently the number of CNG stations has crossed 4500, and will be ramped up to 8,000 in the next two years,” Puri said while […]
During an onsite tour yesterday, ExxonMobil leaders emphasized plans to build a hydrogen production plant and carbon capture and storage (CCS) project at its integrated refining and petrochemicals site in Baytown, Texas. The CCS project […]
Chevron revealed this week that it has prepared for the six-month Gulf of Mexico hurricane season through design, workplace safety training and by maintaining its own fleet of 18 helicopters for flying to and from […]
The US and EU could waive their ban on shipping insurance and financial services for Russia if key global oil importers back proposals for an international cap on Russian oil prices in response to the […]
British lawmakers have officially approved a 25% windfall tax on oil and gas producers that will earn the government nearly $6 billion in one year to put towards surging consumer energy bills. Now that the […]
The Electric Reliability Council of Texas forecasts power demand to exceed planned supply on July 13, beginning around 2:45 pm CT and ending around 5:15 pm CT, and it appealed to the public to curtail […]
DENVER–(BUSINESS WIRE)–Fundare Resources Company, LLC (“Fundare” or the “Company”) announced today that it has completed an acquisition of oil and gas assets in the Green River Basin of Wyoming from HRM Resources III, LLC (“HRM”). […]
Crude oil futures were higher in mid-morning Asian trade July 15, shrugging off rangebound trading over the past two sessions, as investors weighed conflicting signals of deteriorating macroeconomic fundamentals and a still tight oil market. […]
Today is no exception, I get the opportunity to visit with Richard Welch, Candidate for Congress, and we really had fun talking about what legislators need in order to make good laws. And yes, common […]
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