(Bloomberg) — Santos Ltd. has given the go-ahead for a $2.6 billion oil field project in Alaska to expand its production beyond the Asia-Pacific region. The producer and joint venture partner Repsol SA took a […]
NEW YORK, Aug 17 (Reuters) – U.S. oil reserves held by 50 large companies rose by 13% over the five years ended in December, according to an Ernst & Young report released on Wednesday, with […]
In Episode 3 of The Energy Question with David Blackmon, David and the Sandstone Energy’s Stu Turley interview Sarp Ozkan, Vice President of Commercial Product at Enverus, and Tim Stewart, President of the U.S. Oil & Gas […]
Hundreds of billions of dollars continue flowing into fossil fuels every year, with no signs of the trend changing any time soon. Many investors say that it’s next to impossible to fully forego fossil-fuel investments, […]
A last-ditch attempt by Europe to revive the Iranian nuclear deal has stoked speculation that millions of barrels of oil are set to flood world markets. The return could be swift if Tehran’s previous comeback […]
“The energy transition is not happening,” he said in Denver. “This drumbeat is crazy.” Wright, speaking at the LDC Gas Forum Rockies & West, said demand for fossil fuels is robust and poised to remain elevated for […]
Ordinance would prohibit new oil and gas extraction and phase out existing extraction operations Last week the Los Angeles City Planning Department released a draft ordinance that would prohibit new oil and gas extraction, phase […]
The hype around the Inflation Reduction Act of 2022, also known as the Manchin-Schumer bill, has been extraordinary. On Aug. 8, New York Times opinion columnist Paul Krugman published a piece headlined “Did Democrats Just Save Civilization?” […]
(Reuters) – With passage of the Inflation Reduction Act, which contains $370 billion for climate and energy programs, policy experts are forecasting a big expansion in clean electricity generation. One source that’s poised for growth […]
US shale oil producers are in line to suffer more than $10 billion in derivative hedging losses this year if oil prices remain around $100 per barrel, Rystad Energy research shows. Many shale operators offset […]
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