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

Donlin Gold Advancement! US LNG #2 for China. Price takers, not price makers.

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NEWS OF THE DAY: From the Washington Examiner, Daily on Energy: INDUSTRY PUSHES BACK: The oil and gas industry is bobbing and weaving as the Biden administration and congressional Democrats punch at domestic producers over high energy prices. President Joe Biden has found himself in the position of trying to address voter worries over rising prices — particularly gas prices … read more