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

Oil Whiplash. Crappy Carbon Tax.

In Uncategorized by wp_sysadmin

Today’s Key Takeaways:  ConocoPhillips is challenging a land use permit issued by the state of Alaska for Santos’ Pikka project. Experts predict gasoline prices will rise even higher. Oil sunk below $100 a barrel as fears of a COVID-19 lockdown in China’s capital ease the global demand crunch. Top Republican on House climate change panel harangued the American Petroleum Institute for … 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