Red States vs. Banks. Cut Legislators Per Diem? Conoco Pushes Ahead in AK.

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NEWS OF THE DAY: From the Washington Examiner, Daily on Energy: RED STATES VS. BANKS: Officials in a host of states with major fossil fuel interests are teaming up and employing their “financial leverage” to pressure banking partners against withholding financing from oil, coal, and gas projects as part of corporate social and environmental policies. The chief fiduciaries of 15 … read more

Friday Fact Check: Hilcorp’s Approach to the Energy Transition

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How America’s Biggest Privately Owned Oil Company Takes A Divergent Approach To The Energy TransitionDavid Blackmon, Forbes, November 29, 2021 Contrary to popular belief, extraction of oil and natural gas from shale formations has not been the focal point for all U.S. producers over the last 20 years. While it is true that production from older, mature basins and formations … read more

Majors Ramp Up Spend. Markets Love Carbon Cutting. Japan Backs Oil & Gas.

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NEWS OF THE DAY: The Majors’ accelerating tilt to new energySimon Flowers, Wood Mackenzie, December 2, 2021 When will spend on low carbon catch up with oil and gas? Big Oil is determined to show it’s part of the solution for climate change. That much is clear from the rapid acceleration of investment in new energy. I asked Tom Ellacott and Greig Aitken of … read more