Royal Dutch Shell has set its first-ever short-term goals to cut the carbon footprint of its operations and product sales as the oil and gas industry is under intense investor and shareholder pressure to address to climate change.
Brazil and the United States could work together to build small nuclear reactors, Brazil’s mines and energy minister told Reuters on Friday.
The trip next week by right-wing Bolsonaro, who modeled his foreign policy and political style on U.S. President Donald Trump, is expected to bring closer economic, political and military ties between the two countries.
A Polish journalist in Venezuela was beaten by police in the troubled South American country, he said in accounts published by his newspaper and Venezuela’s press union on Friday.
The account added to a long list of allegations of brutality and arbitrary arrest of media workers in Venezuela, mostly targeting Venezuelans not working for state media but also increasingly foreign correspondents.
The union published photos of Surdel’s bloodied and bruised face.
Five months after green-lighting a new oilsands project, Imperial Oil Ltd. has reversed course and is slowing construction work on the $2.6-billion Aspen development as new oil production growth stagnates.
Imperial specified the Alberta government’s order forcing producers to curtail their output beginning in January.
In response to record-setting discounts for Western Canada Select heavy oil blends, Alberta Premier Rachel Notley announced in December that oil producers in the province would need to cut back their output by roughly 10 per cent in a bid to lift prices.
He Interior Department finalized changes Friday to protections for the sage grouse bird.
A CNN investigation found that Bernhardt’s former client, the Independent Petroleum Association of America, repeatedly met and emailed Interior officials about the sage grouse bird.
In July and August 2017, IPAA lobbyist Samantha McDonald emailed an Interior staffer about the agency issuing new guidance on maps related to sage grouse and the staffer responded that Interior was “working on it,” according to emails obtained by the Western Values Project.
US Gulf of Mexico operator Talos Energy is ramping up its oil and gas drilling program in that arena, aided by recent small bolt-on purchases that even though in the early stages of evaluation and drilling appear to add value to the mid-sized company.
In another core area, Talos’ Ram Powell production facility offers the same potential for multiple tiebacks.
Talos’ Pompano, Amberjack and Ram Powell fields represented 19,300 b/d of oil equivalent in Q4.
One year after the Federal Energy Regulatory Commission rocked pipeline sector stocks by moving away from a tax benefit for midstream companies organized as master limited partnerships, the story of the impact on companies continues to unfold.
At issue is FERC’s March 15, 2018, proposed policy statement asserting that it no longer planned to allow oil and gas pipeline MLPs to recover an income tax allowance in cost-of-service rates.
For now, FERC is working its way through informational filings it required from gas pipelines to help discern whether companies need to lower rates due to FERC’s altered tax policy along with the lowered corporate income tax rate under the Tax Cut and Jobs Act of 2017.
The Inter-American Development Bank on Friday voted to replace the representative of Venezuelan President Nicolas Maduro with an economist backed by opposition leader Juan Guaido.
The decision makes the IADB, Latin America’s largest regional lender, the first financial institution to recognise Guaido and would eventually free up development lending to Venezuela if Maduro steps down.
IMF approval would also allow the World Bank, the world’s largest development institution, to make a decision on Guaido.