Tesla, the world’s leading maker of electric vehicles, has been cut from S&P’s ESG Index created for environmentally conscious investors owing to flaws in its business conduct and, ironically, aspects of the company’s low-carbon strategy. […]
The average price of regular gasoline in the U.S. hit another record high on Wednesday, coming in at $4.56 per gallon, according to the AAA gas prices website. On May 10, the average price of the […]
OIL & GAS: The owner of a pipeline that spilled thousands of barrels of oil off the southern California coast in 2015 agrees to pay fishermen and property owners $230 million to settle a class-action lawsuit. (Associated Press) ALSO: […]
A partnership between two of the world’s biggest energy companies will attempt to accelerate carbon capture, utilisation, and storage (CCUS) for the oil and gas industry in Indonesia. Pertamina (PT) and ExxonMobil signed a Joint […]
For those looking to find strong Oils-Energy stocks, it is prudent to search for companies in the group that are outperforming their peers. Cheniere Energy (LNG) is a stock that can certainly grab the attention […]
Summer is always a jittery time for the power industry — the electric grid doesn’t like extreme heat. It likes hurricanes even less. But nervousness appears to be running higher than usual — and for […]
Demand for long-term LNG contracts continues to gain momentum this year as large volumes have been signed and prices for oil-linked deals under negotiation are rising, according to a recently published LNG contract trends report […]
National Ocean Industries Association President Erik Milito has issued a response to the Interior Department’s decision not to move forward with planned Gulf of Mexico and Alaska oil and gas lease sales. Last week, the […]
National Ocean Industries Association President Erik Milito has issued a response to the Interior Department’s decision not to move forward with planned Gulf of Mexico and Alaska oil and gas lease sales. Last week, the […]
The Electric Reliability Council of Texas is asking Texans to conserve energy this weekend. Interim CEO Brad Jones on current grid conditions. “With unseasonably hot weather driving record demand across Texas, ERCOT continues to work […]
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