Saturday, April 26, 2025
Pandemic Causes Record Decline In U.S. Carbon Emissions - oilangas360

Pandemic Causes Record Decline In U.S. Carbon Emissions

Forbs Last week BloombergNEF (BNEF) published a new report that quantifies the impact of the Covid-19 pandemic on U.S. carbon dioxide emissions. The report estimates that 2020 emissions will be 9.2% lower than in 2019, reaching a level last seen in 1983. At that time, BNEF notes, the economy was 60% smaller than it is today. Although U.S. carbon dioxide emissions

Adnoc makes 22bn barrel unconventional find -oilandgas360

Adnoc makes 22bn barrel unconventional find – producing 5mn bpd by 2030

Energyvoice Adnoc has made an unconventional discovery of 22 billion stock tank barrels onshore, Abu Dhabi’s Supreme Petroleum Council (SPC) has said. This came in addition to a 2 billion barrel conventional oil discovery, taking the country’s total to 107bn barrels. Adnoc is now capable of producing 4 million barrels per day, it said. It aims to be able to

Savion sells 30-MW Virginia solar project to Falck Renewables and Eni US- oilandgas360

Green Is Good for Power Traders Chasing $430 Billion Market

Bloomberg Shell, Vitol on hiring sprees to cash in on renewables Traders guaranteed as much as $3 million for changing jobs The itch is back for Paul Mead. After almost a decade investing in vineyards and startups in his native New Zealand, the former Barclays Plc and Enron Corp. trader wants to return to the power market. What’s luring Mead is the realization that

oil & Gas 360

US will fall behind China as world’s largest oil refiner in 2021

Bloomberg Earlier this month, Royal Dutch Shell Plc pulled the plug on its Convent refinery in Louisiana. Unlike many oil refineries shut in recent years, Convent was far from obsolete: it’s fairly big by U.S. standards and sophisticated enough to turn a wide range of crude oils into high-value fuels. Yet Shell, the world’s third-biggest oil major, wanted to radically

Turkey raises Tuna-1 gas discovery reservies to 405 bcm

Turkey can not afford any more sanctions and wants to keep EU ties

Bloomberg President Recep Tayyip Erdogan called on the European Union to keep its promises to Turkey and avoid discrimination as the threat of EU sanctions looms over the country. “We see ourselves in Europe, not anywhere else, and we want to build our future with Europe,” Erdogan said Saturday in a video conference during his ruling Justice and Development Party’s