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Home2024

Year: 2024

ExxonMobil
Big Oil Companies

Exxon files lawsuit against investors’ climate proposal

January 22, 2024 Mariel Alumit

HOUSTON, Jan 21 (Reuters) – Exxon Mobil Corp (XOM.N), opens new tab on Sunday filed a complaint in a Texas court seeking to prevent a climate proposal by activist investors from going to a vote during the […]

Offshore
Big Oil Companies

Union Says Around 100 Offshore Drillers Are Set to Strike

January 22, 2024 Mariel Alumit

In a statement sent to Rigzone recently, Unite the union said around 100 offshore drillers employed by Odfjell Technology (UK) Ltd, working on Equinor’s Mariner platform, are set to strike over three months to secure […]

ExxonMobil
Big Oil Companies

Is ExxonMobil’s Acquisition Of Pioneer Good News Or Bad News For Climate Change?

January 22, 2024 Mariel Alumit

On October 23, 2023 ExxonMobil announced the acquisition of Pioneer Natural Resources in an all-stock transaction valued at approximately $64.5 billion. The acquisition would combine Pioneer’s more than 856,000 acres in the Midland Basin with ExxonMobil’s 570,000 […]

Sunoco
Downstream

Sunoco to Buy NuStar Energy in $7.3 Billion Deal

January 22, 2024 Mariel Alumit

Gas station owner Sunoco LP will buy pipeline and liquids terminal operator NuStar Energy in an all-equity transaction valued at around $7.3 billion, including debt, the companies said on Monday in the latest merger deal in the […]

Russia
Exploration and Production

Russia And Iran Finalize 20-Year Deal That Will Change The Middle East Forever

January 22, 2024 Mariel Alumit

Iran’s Supreme Leader Ayatollah Khamenei gave his official approval to a new 20-year comprehensive cooperation deal between the Islamic Republic of Iran and Russia. The agreement will replace the 10-year-deal signed in March 2001 and […]

Sunoco
Critical Minerals

Sunoco to Buy NuStar Energy in $7.3 Billion Deal

January 22, 2024 Mariel Alumit

Gas station owner Sunoco LP will buy pipeline and liquids terminal operator NuStar Energy in an all-equity transaction valued at around $7.3 billion, including debt, the companies said on Monday in the latest merger deal in the […]

Nuclear
Energy Policy

The Rising Demand for Nuclear Power: A Call for Regulatory Reform

January 22, 2024 Mariel Alumit

The Increasing Global Demand for Nuclear Power The global demand for nuclear power is on the rise, with policymakers recognizing the safety and environmental benefits of nuclear energy in comparison to fossil fuels and renewables. […]

Frontrunner
Geopolitical

Why’s The New York Times Fearmongering About Indonesia’s Presidential Frontrunner?

January 22, 2024 Mariel Alumit

It’s an information warfare provocation intended to manipulate voters’ perceptions of the frontrunner to the point that a run-off election is scheduled this summer, which could then give the US’ preferred candidate the chance that […]

hydrogen
Energy Transition

Germany’s dream of building a fleet of hydrogen-fired power plants is faltering

January 22, 2024 Mariel Alumit

Plans to build a fleet of hydrogen power plants to supplement wind turbines and solar panels are faltering, amid a budgetary squeeze and demands for cost-cutting from industry. By 2035, Germany wants to produce 100% […]

Equinor
LNG

Equinor to deliver reloaded cargo from Lithuania’s Klaipeda to Finland

January 22, 2024 Stu Turley

Norwegian energy firm Equinor has reloaded a liquefied natural gas cargo at the KN Energies-operated FSRU-based terminal in Lithuania’s Klaipeda and will deliver it to Gasgrid’s FSRU-based facility in Inkoo, Finland. Lithuanian LNG terminal operator […]

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