Decarbonizing some of the European Union’s most polluting industries could be more effective if fossil fuels are used to produce hydrogen in the near term rather than renewables, according to an environmental organization. So-called “blue hydrogen” — which is made from natural gas, but with carbon dioxide emissions captured and stored — is less costly …
EU Should Stick to Fossil Fuel for Making Hydrogen, NGO Says Read More »
Hollywood’s silver screen would be significantly less magical without the critical contributions of oil and gas By Shawn Logan Follow CEC on Linkedin CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter Getty Images photo Without lights or camera, the film industry would have very little action. Whether going to the movie theatre or …
By Geoffrey Cann With the World Petroleum Council’s 24th Global Congress (WPC24) now behind us, it’s time to take stock of the key themes and messages from this most important event. In case you missed it, WPC24 took place last week in Calgary, Alberta, for the second time in its history. WPC itself was established way back …
Insights From The World Petroleum Congress – Geoffrey Cann Read More »
Summary This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine. MOSCOW, Sept 25 (Reuters) – The heads of Russian energy giants Gazprom and Rosneft, Alexei Miller and Igor Sechin, will join President Vladimir Putin’s retinue during his visit to China next month, sources familiar with the plans told …
Russia’s top oil and gas chiefs to accompany Putin on China visit Read More »
Exxon Mobil Corp., which operates one of the world’s biggest oil-refining networks, is trying to be more responsive to changing consumer demands as the energy transition gathers pace. The changes it’s considering include potentially replacing some gasoline production with chemicals. The oil giant has long pursued a strategy of upgrading refineries to expand production and …
Exxon Weighs Chemicals Output Boost as EVs Threaten Gasoline Use Read More »
Shale billionaire Harold Hamm, who has backed several Republican presidential candidates for election in 2024, called for the end of back-and-forth US energy policy that raises costs from one administration to the next. The GOP donor and founder of Continental Resources Inc. gave his remarks to a small crowd of oil industry executives and political …
Shale Tycoon Hamm Wants End of ‘Roller Coaster’ U.S. Energy Plans Read More »
Kent has had a fantastic first half of 2023, bringing over $900 million in new contracts to the business. Kent provides engineering and project management solutions to various clients across key global energy markets covering oil and gas, carbon capture, utilisation and storage (CCUS), decarbonisation, offshore wind and hydrogen (H2) technologies. Chief Business Development Officer …
KENT REPORTS OVER $900 MILLION IN NEW CONTRACTS IN H1 2023 Read More »
HOUSTON, Sept 22 (Reuters) – The large crude distillation unit (CDU) was shut on Friday at TotalEnergies’ 238,000 barrel-per-day (bpd) Port Arthur, Texas, refinery following an interruption of feed, said people familiar with plant operations. In addition to the 150,000-bpd ACU-1 CDU, the 60,000-bpd vacuum distillation unit-2 (VDU-2) was also taken out of production because …
TotalEnergies Port Arthur, Texas, large CDU shut, sources say Read More »
Summary Benchmarks close down for first time in four weeks US Fed officials flag further hikes US oil rig count falls to lowest since February 2022 Transneft suspends diesel deliveries to key terminals HOUSTON, Sept 22 (Reuters) – Oil prices held steady on Friday but closed the week lower on profit-taking and as markets weighed …
Oil Ends Week Lower as Demand Concerns Face Russia Supply Ban Read More »
By Pallavi Rao Article/Editing: Niccolo Conte Graphics/Design: Christina Kostandi Courtesy of Visual Capitalist – See More From Visual Capitalist HERE Charted: The World’s Biggest Oil Producers in 2022 In 2022 oil prices peaked at more than $100 per barrel, hitting an eight-year high, after a full year of turmoil in the energy markets in the wake of …
Charted: The World’s Biggest Oil Producers – Visual Capitalist Read More »
