NEWS OF THE DAY: China vows to end funding for overseas coal power plantsCecilia Jamasmie, Mining.Com, September 22, 2021 China’s president Xi Jinping has pledged to stop backing new coal power plants overseas a move that would cut off a key source of financing for projects involving the dirty fossil fuel. “China will step up support for other developing countries in developing … read more

NEWS OF THE DAY: Conoco Buys Shell’s Permian Assets for $9.5 BillionLuke Johnson, Energy Intelligence, September 20, 2021 ConocoPhillips has agreed to buy Royal Dutch Shell’s assets in the Permian Basin for $9.5 billion in cash, marking a major expansion for the independent in the US’ premier oil play as the Anglo-Dutch supermajor exits amid legal and investor pressure to … read more

NEWS OF THE DAY: National Energy Tax to Sting American Families, Manufacturers, Small BusinessesMarcellus Shale Coalition Energy Blog, September 13, 2021 Congress is weighing a new natural gas tax that will sting American consumers and all businesses, despite President Biden’s pledge not to increase taxes on working families. The measure is buried in the massive $3.5 trillion budget reconciliation bill … read more