Royal Bank of Canada’s travails show the fine line banks must walk in shifting toward a lower-carbon future. Bloomberg In November, Dave McKay traveled from his Toronto home to Ottawa, where he accepted a medal from the Royal Canadian Geographical Society. During a gala at the national war museum, the group showered the chief executive officer of Royal …
Canada’s RBC Struggles to Go Green While Financing Oil Read More »
(Reuters) – The world added less than half of the new renewable energy capacity needed to meet its climate goals last year, with rising energy demand and weak grid infrastructure slowing the shift from fossil fuels, a leading think tank said on Thursday. Global renewable capacity additions increased by 36% last year to reach around …
Renewables Growth Still Lags Climate Targets, Think Tank Says Read More »
Reuters) – There was no surprise that a top meeting of OPEC+ ministers opted to keep output policy unchanged since the global crude oil market is almost exactly where the exporter group wants it. OPEC+’s ministerial committee on Wednesday kept the current output targets but did note that some countries had been over-producing and had undertaken to …
OPEC+ Gets Oil Price to its Sweet Spot, the Trick is Keeping it There Read More »
(Reuters) – Vice President Kamala Harris and Environmental Protection Agency Administrator (EPA) Michael Regan on Thursday announced eight organizations that will oversee the spending of $20 billion in grants to fund tens of thousands of clean energy and transportation projects in disadvantaged communities across the United States. The $20 billion, made available through the $27 …
(Reuters) – The United States has not asked India to cut Russian oil imports as the goal of sanctions and the G7-imposed $60 per barrel price cap is to have stable global oil supplies while hitting Moscow’s revenue, an American treasury official said on Thursday. India has emerged as one of the top buyers of Russian sea-borne …
U.S. Has Not Asked India to Cut Russian Oil Purchases, American Official Says Read More »
Summary Lukoil refinery struggles to repair gasoline unit U.S. firm UOP says not helping Lukoil All Russian refineries use Western technology, software Ukrainian drones damage dozens of Russian plants (Reuters) – When engineers at Russian oil firm Lukoil discovered a turbine had broken at their largest refinery on January 4, they quickly realised the problem …
U.S. Sanctions Hamper Russian Efforts to Repair Refineries Read More »
(Reuters) – Oil prices were steady on Thursday, shored up by concerns about lower supply as major producers keep output cuts in place and on signs of stronger economic growth in the U.S., the world’s biggest oil consumer. Brent futures for June fell 5 cents to $89.30 a barrel at 0919 GMT. U.S. West Texas …
The acquisition of ChampionX vaults SLB’s chemical production business to No. 1 globally and orients SLB’s business toward resource recovery that is less tied to price volatility.
The acquisition of ChampionX vaults SLB’s chemical production business to No. 1 globally and orients SLB’s business toward resource recovery that is less tied to price volatility.
Nye Oil LLC has retained EnergyNet for the sale of a 27 property package in Frio and La Salle counties, Texas.
