The options in the draft on the future of fossil fuels range from a less-stringent ‘phasedown of unabated coal power’ to a simple but dramatic ‘orderly and just phase out of fossil fuels’ The Associated Press DUBAI, United Arab Emirates — After days of shaving off the edges of key warming issues, climate negotiators Tuesday …

COP28’s Burning “Core Document”: Should Fossil Fuels be Phased Out or Phased Down? Read More »

U.S. incentives, 45Q tax credit and project-level economics likely to yield favorable returns CALGARY, Alberta (Dec. 6, 2023) — Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS platform, has released a new report that explores blue hydrogen production technologies and incentives available in the U.S. and models the resulting project-level …

Blue Hydrogen: Greening the Bottom Line – Enverus Read More »

On track to deliver ~$14 billion of further earnings and cash flow growth potential over the next four years Expecting capital investments to generate average returns of ~30%, with payback periods less than 10 years for greater than 90% of the capex2 Pursuing more than $20 billion in lower emissions opportunities, up $3 billion Generated $9 …

ExxonMobil Corporate Plan more than doubles earnings potential from 2019 to 2027; 18% compound annual earnings growth significantly outpaces peers Read More »

Since the dawn of the Industrial Revolution, carbon dioxide levels in the earth’s atmosphere have increased by 50%. This critical statistic — combined with rising temperatures and fears of a climate crisis — has made limiting greenhouse gas emissions the top priority of world governments and industries across sectors. Over the years, carbon capture and storage …

Carbon Capture and Storage – What Did We Learn in 2023? Read More »

Summary Companies Oil prices tumble on Wednesday, adding to four-day losing streak Russia’s Vladimir Putin flies to UAE, Saudi Arabia on Wednesday Saudi Arabia cuts OSP for Arab Light to Asia in January China trade data scheduled for Thursday after Moody’s downgrade Dec 6 (Reuters) – Oil prices continued to fall on Wednesday, as investors …

Oil Drops as Markets Mull OPEC+ Cuts’ Efficacy, China Demand Concerns Read More »

(Bloomberg) Exports of US crude are nearing a record of 6 million barrels a day — flooding the market with oil and weighing on prices from Europe to Asia. Shipments for the week ended Dec. 1 could reach about 5.7 million barrels a day, according to ship-tracking firms Kpler and Vortexa. Macquarie, meanwhile, sees exports …

Unprecedented U.S. Exports Are Weighing on Global Crude Market Read More »

MANCHESTER, United Kingdom — ESG, a leading global energy software provider, and Utility Dive’s studioID, a premier industry research company, recently completed a market survey of 150 energy providers across the U.S. and U.K. This survey revealed insights into how energy retailers and suppliers are using advanced data and technology to make more informed decisions about …

ESG and Utility Dive Survey Reveals Key Data & Technology Trends for Energy Providers Read More »

U.S. natural gas futures climbed about 3% on Tuesday on forecasts for colder weather and higher heating demand next week than previously expected and as record amounts of gas flowed to U.S. liquefied natural gas (LNG) export plants. That price increase came despite near record U.S. output that has allowed utilities to leave more gas …

U.S. Natgas Prices Gain 3% on Colder Forecasts, Record LNG Feedgas Read More »

(Bloomberg) The stage was set for difficult diplomatic negotiations at COP28 as debate over the future of fossil fuels picked up. Saudi Arabia said it won’t agree to a phase down of the use of dirty energy, raising questions for many over the energy industry’s contribution to fight climate change. It came hours before the release of …

COP28 Latest: Tough Diplomacy on Fossil Fuels Looms in Dubai Read More »

HOUSTON, Dec. 04, 2023 (GLOBE NEWSWIRE) — Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today announced that its Board of Directors has declared a dividend of $0.0625 per share of common stock (annualized $0.25/sh) to the stock holders of record at the close of business on December 15th 2023, payable on December 29th 2023. All …

Epsilon Energy Ltd. Announces Quarterly Dividend and Provides Operational Update Read More »