What Does the Red Sea Crisis Mean for Oil Prices?
Many energy and shipping firms have begun rerouting tankers, adding delays and extra costs to journeys that would put upward pressure on oil prices.
Posted inGreenhouse Gas Emissions Natural Gas Oil (Petroleum) and Gasoline Organization of the Petroleum Exporting Countries United Nations Framework Convention on Climate Change
Oil Producers Back Climate Deal Despite Fossil Fuel Language
At the United Nations climate conference, the final statement included elements that pleased oil and gas producers.
Posted inCrownRock LP Drilling and Boring Global Warming Hollub, Vicki (1960- ) Houston (Tex) Hydraulic Fracturing Mergers, Acquisitions and Divestitures Natural Gas Occidental Petroleum Corporation Oil (Petroleum) and Gasoline Permian Basin (North America) Prices (Fares, Fees and Rates) Production Shale
Occidental Is Latest Oil Company to Buy a Smaller Producer
The oil company said it would buy CrownRock, a smaller producer, for $12 billion just weeks after Exxon Mobil and Chevron announced acquisitions.
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Tiny Electric Vehicles Pack a Bigger Climate Punch Than Cars
Two- and three-wheeled vehicles, used by billions of people, are moving away from fossil fuels to batteries faster than cars in countries that have made the energy transition a priority.