(Reuters Breakingviews) – Sultan al-Jaber has a tough gig. In a fortnight the United Arab Emirates will host the 28th Conference of the Parties, the world’s key climate gathering. The chief executive of the Abu Dhabi National Oil Company (ADNOC) is tasked with making it a success. His best bet is to focus on correcting …
COP28’s Big Challenge: Green Cash for Poor States Read More »
By Montrose Environmental In today’s world, environmental compliance is a crucial aspect for organizations across many different industries. Meeting regulatory requirements and effectively managing emissions data is essential for sustainable operations. Montrose Environmental offers a comprehensive platform called TARGET ONLINE, along with a mobile app called TARGET TRACK. These innovative platforms provide numerous benefits for …
The Benefits of TARGET ONLINE & TARGET TRACK for Environmental Compliance Read More »
Chevron Corp said it is evaluating options for around 70,000 net acres of land in East Texas’ Haynesville shale formation after pausing development earlier this year, with sources saying a full sale is one option under consideration. The move would be a small first step by the energy major which is seeking to offload assets …
Chevron Reviewing Options for East Texas Assets After Shale Acquisitions Read More »
Investors continued to sell petroleum futures and options last week as sentiment became the most bearish since the middle of the year, before Saudi Arabia and its OPEC+ partners removed extra crude from the market. Hedge funds and other money managers sold the equivalent of 57 million barrels in the six most important futures and …
Oil Traders Turn Bearish, Daring OPEC⁺ to Cut Again: John Kemp Read More »
Evaporating lithium brines in Chile, courtesy of Reuters Courtesy of ENERGYminute See more articles and infographics from ENERGYminute HERE “Being salty” can be an expression of resentfulness or irritation. Like when your Edmonton Oilers fumble their season despite having two of the best players in the league and sack yet another head coach. Sometimes though, being salty is …
Lithium: ExxonMobil Has Entered the Game – ENERGYminute Read More »
Global efforts to reach net-zero carbon emissions are failing in almost every way, with one exception: the boom in electric vehicles Bloomberg News Global efforts to reach net-zero carbon emissions are failing in almost every way, with one exception: the boom in electric vehicles. That’s the conclusion of a study that was jointly conducted by the Bezos Earth …
EVs Only Bright Spot in World’s Failing Fight Against Climate Change Study Says Read More »
The department said it bought the oil at an average price of $77.57 a barrel from two companies after 18 bids were submitted. The administration of President Joe Biden last year conducted the largest ever sale from the SPR of 180 million barrels, part of a strategy to stabilize soaring oil markets and combat high …
U.S. Buys 1.2 Million Barrels of Oil for Strategic Petroleum Reserve Read More »
(Reuters) – The U.S. needs more natural gas pipeline capacity to maintain reliable gas supply during extreme cold weather, a trade group representing pipeline companies said on Monday in support of regulators who last week urged sought new rules to prevent a repetition of last winter’s power outages. The Federal Energy Regulatory Commission (FERC) and …
U.S. Needs More Pipeline Capacity for Reliable Gas Supply Read More »
(Bloomberg) Oil output from the Permian Basin will expand in November and December, marking the region’s longest run of monthly gains in two years. The world’s most productive shale patch is expected to pump a record 5.98 million barrels a day in December. In total, US crude output from the seven biggest shale regions will …
Oil Output to Grow Through at Least Year-End in Prolific Permian Read More »
Exxon Mobil Corp. plans to become one of the biggest suppliers of lithium for electric vehicles, marking the oil giant’s first major foray outside of fossil fuels in decades. Exxon will extract the metal from underground saltwater reservoirs in the Smackover Formation in southern Arkansas, employing a novel method called Direct Lithium Extraction not currently …
Exxon Aims to Become a Top Lithium Supplier for EVs by 2030 Read More »
