HOUSTON–(BUSINESS WIRE)–Schlumberger Limited (NYSE: SLB) today reported results for the first-quarter 2021. “In North America, excluding the effects of divestitures, revenue grew 10% sequentially driven by land revenue which increased 24% due to higher drilling […]
The Arab Gulf countries announced as much as US$10 billion worth of new projects in the oil and gas sector during the first quarter of 2021, out of the total US$32.3 billion projects in all […]
SEATTLE–(BUSINESS WIRE)–Amazon (NASDAQ: AMZN) today announced nine new utility-scale wind and solar energy projects in the U.S., Canada, Spain, Sweden, and the UK. The company now has 206 renewable energy projects globally, including 71 utility-scale […]
Oil and gas development in the Permian Basin continued to resume as the fossil fuel markets recover from 2020’s collapse created by the COVID-19 pandemic. As prices rebounded this year from historic declines last year, […]
Four leading energy business leaders and early-stage investors have announced the formation of NuQuest Energy, a utility-scale renewable energy development company pursuing projects in the United States. The company intends to leverage its extensive experience in engineering, procurement, […]
US federal tax regulators and Congress have been addressing offshore wind industry needs to make tax equity financing more efficient, while the Department of Energy revamps its loan program to make $3 billion available to […]
Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone” or the “Company”) today announced that it has entered into definitive agreements to acquire privately held operated assets located in the Midland Basin (the “Tracker Acquisition”) from Tracker Resource […]
Singapore — 0250 GMT: Crude oil futures rose during Asian mid-morning trade April 1 after data from the US Energy Information Administration showed a draw in crude and gasoline inventories, with the market gleaning further support […]
The oil and gas industry’s largest trade group Thursday endorsed a price on planet-warming carbon emissions, marking a major shift after it long resisted regulatory action on climate change. The American Petroleum Institute’s move comes as […]
ENB Publishers Note: Tariq Fancy is the former head of Blackrock’s sustainable investing platform. Very interesting read, comment you thoughts! We will be covering this today on our daily energy news show (Energy News Beat) […]
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