Reuters LONDON – Deep output cuts by OPEC and other oil producing nations will not prevent a huge build up of crude, the head of the IEA said on Friday, urging the world’s richest economies to discuss broader ways to stabilise oil markets. Fatih Birol, executive director of the International Energy Agency, told Reuters that measures to contain the spread
Financing of up to CAD$921,000 by private placement
Reuters LONDON/WASHINGTON – Carbon dioxide emissions could fall by the largest amount since World War Two this year as the coronavirus outbreak brings economies to a virtual standstill, according to the chair of a network of scientists providing benchmark emissions data. Rob Jackson, who chairs the Global Carbon Project, which produces widely-watched annual emissions estimates, said carbon output could fall
CNBC Working at Royal Dutch Shell’s Deepwater division in New Orleans gives Barbara Waelde a front-row seat to how the right data can unlock crucial information for the oil giant. So when her supervisor asked her last year if she was interested in a program that could sharpen her digital and data science capabilities, Waelde, 55, jumped at the chance. Since
A. O. Smith to Hold 2020 Annual Meeting of Shareholders in Virtual Format
Minister of Transport issues Orders to reduce derailments and improve rail safety
TEEKAY LNG PARTNERS ANNOUNCES NEW LNG CHARTERS AND REFINANCING OF $225 MILLION UNSECURED CREDIT FACILITY
This week’s Baker Hughes rig count shows that U.S. had a decrease of 64 over last week, resulting in a total count of 664 rigs. Canada had a decrease of 13 over last week, resulting in a total Canadian count of 41 rigs. Breakdown by region Of the regions tracked by Baker Hughes, no regions saw an increase this week.
Europe Markets: European stocks drop after grim PMI data as coronavirus cases hit 1 million world-wide
Reuters WASHINGTON – U.S. President Donald Trump will meet with oil company executives at the White House on Friday afternoon to discuss a historic oil-price slump threatening their businesses, brought on by the coronavirus outbreak and a Saudi-Russia price war. The administration may offer ways to help the industry weather the crisis, including waiving royalty payments drillers must pay for
Why Alliance Resource Partners Units Fell 54% in March
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