ConocoPhillips provides notice that it is exercising its preemption right to purchase the remaining 50% interest in Surmont

May 26, 2023 Business Wire HOUSTON – ConocoPhillips (NYSE: COP) today announced that it is exercising its preemption right to purchase the remaining 50% interest in Surmont from TotalEnergies EP Canada Ltd. for approximately $3 billion (CAD$4 billion), subject to customary adjustments, as well as contingent payments of up to approximately $325 million (CAD$440 million). ConocoPhillips currently holds a 50% …

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INFOGRAPHIC: The World of Plastics – ENERGYminute

Courtesy of ENERGYminute See more articles and infographics from ENERGYminute HERE The widespread use of plastics has been both a blessing and a curse. Being durable and low-cost, they have revolutionized many industries but are also a major source of global waste. The use of plastics in modern industries Packaging: Plastics are used in packaging due to …

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Commentary: My Stanford Law School experience – Alex Epstein

Stanford Law School (SLS) has been in the news this year due to an embarrassing incident on March 9 in which SLS students shouted down a guest speaker, Judge Stuart Kyle Duncan—and then an SLS official, the associate dean of DEI, endorsed the students and further attacked the judge. (For a full and fascinating discussion of …

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FFEDERAL DEBT LIMIT NEGOTIATIONS CONTINUE; RENEWABLE ENERGY SEES DECLINE

Analysis by Energy Workforce President Tim Tarpley President Joe Biden and House Speaker Kevin McCarthy met to discuss the federal debt limit negotiations on Monday. Direct negotiations over the debt limit had started to crumble over the weekend, with both sides accusing each other of playing politics. Meanwhile, U.S. Treasury Secretary Janet Yellen on Wednesday …

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Energy Industry Leaders Represent United States at Global LNG Event

VANCOUVER, British Columbia, May 25, 2023 (GLOBE NEWSWIRE) — The final line-up for LNG2023, the world’s preeminent meeting of the international LNG industry, has been announced, and the United States will be well represented by energy industry leaders, including Dan Brouillette, former US Secretary of Energy. The global conference and exhibition will take place July …

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OPEC+ Credibility on Line with Talk of More ‘Ouching’: John Kemp

Saudi Arabia’s energy minister has warned speculators to “watch out” – an implied threat to cut production again to drive prices higher when ministers from the expanded OPEC+ group of exporters meet on June 4. “I keep advising them (speculators) that they will be ouching, they did ouch in April, I don’t have to show …

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