Kissler: OPEC+ Likely to Buoy Crude Prices—At Least Somewhat
By keeping its voluntary production cuts, OPEC+ is sending a clear signal that oil prices need to be sustainable for both producers and consumers.
CERAWeek’s Yergin on What to Expect at Big Energy Conference
Meeting demand and transitioning to clean energy amid geopolitical tensions will dominate conversations among industry heavyweights at CERAWeek in Houston next week. More than 7,000 people are headed to Houston this week to attend CERAWeek by S&P Global with a key question in mind: How to meet increasing demand for power amid the transition to …
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U.S. Appeals Court Temporarily Pauses SEC Climate Disclosure Rules
A U.S. appeals court on Friday temporarily paused new rules issued by the Securities and Exchange Commission (SEC) requiring public companies to report climate-related risks. The New Orleans-based 5th U.S. Circuit Court of Appeals granted a request from Liberty Energy Inc. and Nomad Proppant Services LLC to put the rules on hold while it considers …
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Biden Set to Crack Down on Auto Emissions to Accelerate EV Sales When the Country Simply Isn’t Ready
EPA expected to finalize tailpipe emission limits within days Formula for calculating electric vehicle fuel use also coming The Biden administration is preparing to roll out the toughest-ever limits on pollution from the nation’s cars and light trucks after making changes likely to mollify some automakers. Emissions limits set to be finalized by the Environmental …
Exxon-Led Group Strikes New Oil and Gas Discovery Off Guyana
Exxon Mobil on Friday disclosed a new oil and gas discovery in the prolific Stabroek block offshore Guyana, the company’s first announced discovery in the South American country this year. The Bluefin discovery joins more than 30 already since 2015 in the Stabroek block, an 6.6 million acre (26,800 square kilometers) area that has been …
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E&P Highlights: March 15, 2024
Here’s a roundup of the latest E&P headlines, including a new discovery and offshore contract awards.
Baytex Prices Upsized Private Placement of Senior Notes
Baytex intends to use the proceeds to pay a portion of outstanding debt on its credit facilities and general corporate purposes.
M4E Lithium Closes Funding for Brazilian Lithium Exploration
M4E’s financing package includes an equity investment, a royalty purchase and an option for a strategic offtake agreement.
Exclusive: Carbo Sees Strong Future Amid Changing Energy Landscape
As Carbo Ceramics celebrates its 45th anniversary as a solutions provider, Senior Vice President Max Nikolaev details the company’s five year plan and how it is handling the changing energy landscape in this Hart Energy Exclusive.
Emeren, Glennmont to Develop 155 MW of Battery Storage Projects
The collaboration between Emeren Group and Glennmont Partners marks a strategic move to enhance renewable energy storage capacity in the region.