Marshall Adkins, head of energy at Raymond James, isn’t buying the prevailing wisdom that weakening Chinese oil demand, EV encroachment and a potential OPEC supply increase are legitimate threats to the oil market.
Summit said the motivation for the acquisition of Tall Oak Midstream III was to rebalance the company’s portfolio between oil and gas assets.
Exxon Mobil’s board has appointed Dan L. Ammann, currently Exxon’s low carbon solutions president, to assume Liam M. Mallon’s roles.
(Reuters) – The Biden administration on Tuesday ramped up its sanctions on Iran, targeting 35 entities and vessels that it said transported illicit Iranian petroleum to foreign markets as part of what the U.S. Treasury Department called Tehran’s “shadow fleet.” The sanctions build on those previously imposed on Oct. 11 and come in response to …
US Deepens Sanctions on Iran’s ‘Shadow’ Oil Fleet Read More »
Liam Mallon to retire after 34 years of service Dan Ammann appointed President, Upstream Company Barry Engle appointed President, Low Carbon Solutions SPRING, Texas–(BUSINESS WIRE)–ExxonMobil (NYSE: XOM) today announced Liam M. Mallon, president of ExxonMobil Upstream Company and vice president Exxon Mobil Corporation, will retire effective February 1, 2025. The Board of Directors has appointed Dan …
(Reuters) – U.S. President Joe Biden’s administration has awarded over $100 billion in grants created by its signature climate law, the Inflation Reduction Act, a senior administration official said. The administration hopes the spending milestone will help to continue the deployment of clean energy even after President-elect Donald Trump, a climate change skeptic who has …
Biden Pushes Out Over $100 Billion in Clean Energy Grants as Term Winds Down Read More »
A Department of Energy official has been reported to testify at the Dec. 4 hearing on the harmful effects of production and export of LNG.
Here is a look at some of this week’s renewable energy news, including a global scaleup of hydrogen and uncertainty in the solar sector.
The SRI International-led project, which received a Department of Energy grant, would use renewable energy to convert CO2 into liquid fuel.
Texas Attorney General Ken Paxton decried the “weaponization” of the financial industry in pushing for climate goals while BlackRock and State Street called the suit, filed by 11 states, baseless.
