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

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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

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