Kerry Pivots on Gas. Russia Halts Gas. Exxon Does it Again.

In Home, News by wp_sysadmin

Today’s Key Takeaways:  Russia targets European economies by halting gas supplies. Exxon has three new discoveries in Guyana. John Kerry said yesterday that natural gas companies will be part of a clean energy transition, can help cut methane emissions. ESG minded investors invest heavily in coal stocks. Democrats downplay Manchin’s Build Back Better efforts. NEWS OF THE DAY: Russia halts … read more

Big Bite in Oil Demand. “A” for Exxon’s Methane Emissions Management.

In Home, News by wp_sysadmin

Today’s Key Takeaways:  Biden blocks petroleum expansion in petroleum reserve. Three things will take a bite out of global oil demand this year. Exxon receives top grade for methane emissions management in the Permian. Ucore Rare Metals Inc. streamlined management, technical teams and secured new feedstock for rare earths separation plant. Democratic Senator Joe Manchin is exploring an energy and … read more

Clean Energy Projects Galore! Insurers Invest in Fossil Fuels.

In Home, News by wp_sysadmin

Today’s Key Takeaways:  Grid can’t handle all the clean energy projects on the horizon. American Petroleum Institute proposes carbon tax that could raise gas prices. AIDEA approves funding for study on Ambler Access Project. Insurance companies invested $536 billion in fossil fuels in 2019. NEWS OF THE DAY: The US has more clean energy projects planned than the grid can … read more