President Joe Biden will take additional executive action on Wednesday to combat climate change, including temporarily blocking new leases for oil drilling on federal lands and waters, ordering a review of fossil-fuel subsidies and other measures to overhaul U.S. energy. SourceContinue Reading
Texas Regulator Slams BP For Flaring | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Jan 27, 2021, 9:00 AM CST The Texas Railroad Commission has gotten a chance to strike back at...Continue Reading
With crude prices and refining margins buoyed by the rollout of Covid-19 vaccines and the prospect of an economic rebound, investors will be watching for signs in Big Oil’s fourth-quarter earnings that higher crude prices will translate into much-needed increased cash flows this year. SourceContinue Reading
After pushing Texas energy regulators to end the practice of natural gas flaring for environmental reasons, BP filed 121 flaring requests that test the limits of the rules and call into question the company’s pledge to reduce carbon emissions. SourceContinue Reading
With crude prices and refining margins buoyed by the rollout of Covid-19 vaccines and the prospect of an economic rebound, investors will be watching for signs in Big Oil’s fourth-quarter earnings that higher crude prices will translate into much-needed increased cash flows this year. SourceContinue Reading
Big Oil’s Exploration Cuts Exacerbate Supply Deficit | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Jan 26, 2021, 7:00 PM CST The idea that crude oil could ever again hit three-digit price...Continue Reading
Underinvestment In Oil And Gas May Cause Major Problems | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info Premium Content By Tsvetana Paraskova – Jan 26, 2021, 6:00 PM CST Following an unpredictable and shocking 2020, stability...Continue Reading
