Tag: oil

June 12, 2023

Irving Oil is undergoing a strategic review of the company to decide the future of its fueling business. As published by the firm in a press release, the options being evaluated include the sale of its assets. According to a […]

June 6, 2023

The International Energy Agency has released new data that shows the recovery from the slump caused by the Covid-19 pandemic and the response to the global energy crisis provoked by Russia’s war of aggression against Ukraine have provided a significant […]

May 17, 2023

Abu Dhabi National Oil Company (ADNOC) is teaming up with US energy technology firm Baker Hughes (BKR:NYSE) to develop and commercialise new technology solutions used for the production of green and low-carbon hydrogen, as well as graphene. The two companies […]

March 2, 2023

Think about oil and gas companies and climate change and chances are you’ll think dark thoughts. It’s true Exxon Mobil had remarkably detailed knowledge of global warming in the 1970s. Some seeded doubt by funding climate denier organizations and scientists […]

July 18, 2022

European leaders should minimize gas use in the power sector and temporarily ramp up coal- and oil-fired generation while accelerating low-carbon sources to guard against energy market turmoil that has grown “especially perilous,” the head of the International Energy Agency […]

February 15, 2022

Gas flaring refers to burning off excess gas at an oil or gas well. Flaring can be temporary or routine. Temporary flaring is when an operator is completing the installation of a well. Routine flaring refers to natural gas that […]

February 14, 2022

Oil prices have rocketed above $90 per barrel, and, with “big oil” companies like ExxonMobil, Chevron and BP reporting huge profits, no one should be surprised that the banking world is eager to provide financing for the sector again. Indeed, […]

December 17, 2021

Alimentation Couche-Tard Inc. has agreed to buy Slidell Oil Company including 17 convenience stores and 23 wholesale fuels accounts across three southeastern states. The assets and accounts are owned and operated by Slidell Oil Company of Slidell, Louisiana. Most c-stores […]

December 9, 2021

Despite exacting a heavy environmental and financial toll, routine flaring remains a persistent practice in the oil and gas sector. This gas could be captured and used for productive purposes, but a lot of it simply isn’t. While flaring levels […]

July 6, 2021

Last month Priority Power Management, LLC (Priority Power), an independent energy services provider announced that it has entered into a Solar Development Services Agreement (DSA) with FireBird Energy LLC, an upstream oil and gas company operating numerous properties in the […]

June 16, 2021

NHPC Limited and Bihar State Power Holding Company (BSHPC) have signed a memorandum of understanding (MOU) for implementation of the 130.1-MW Dagmara hydroelectric project in the Supaul district, Bihar State, India. The MOU was signed and exchanged by the signatories […]

June 2, 2021

This week, ACCIONA said it has received the go-ahead to construct its first Kentucky solar farm from the state’s siting board. The 188-MW Fleming County project is one of four in Kentucky, Ohio, and Illinois that were part of a […]

April 22, 2021

Ocergy Inc., a company developing a couple of new offshore wind energy solutions, announced last week that Chevron Technology Ventures and Moreld Ocean Wind (MOW) were investing in its Series A round of funding. The money is expected to help […]

April 16, 2021

Over the past 60 years, U.S. oil production has seen its ups and downs. From the decline that began in 1970 through the fracking boom of the 2000s, U.S. presidents have overseen a wide range of oil production changes. As […]

March 15, 2021

A big-time fossil fuels player is jumping into the energy transition in a bolder, more focused way. Kinder Morgan Inc. has formed a new Energy Transition Ventures group to identify and pursue commercial opportunities within the low-carbon sector. The company […]

January 27, 2021

Utility-scale renewable energy developer Intersect Power, LLC announced that it secured $127 million in equity funding from Climate Adaptive Infrastructure, LLC and Trilantic North America In addition, the company said it has also closed on a $482 million debt facility […]

December 18, 2020

This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use the interactive dashboards. Furthermore, they allow you to uncover other insights as well. These interactive presentations […]

December 4, 2020

Parkland Corporation, through its wholly owned U.S. subsidiaries Parkland USA, has entered into a series of transactions to acquire the retail and commercial fuel assets of Story Distributing Company, and Carter Oil Company. The acquisitions will expand Parkland’s presence in […]

November 30, 2020

Penny stocks are often seen as opportunities for huge returns. However, this happens on rare occasions with the rest of the time investors losing money. There could be an opportunity in small oil companies now given the recent events and […]

November 20, 2020

The global peak in oil consumption may already be past us, according to a new report from Carbon Tracker — and the rapid transition to low-carbon transport in China and India is the reason why. The report released Friday underscores […]