Sunday, February 23, 2025
Latam lags in energy transition race; urgent needs unmet- oil and gas 360

Latam lags in energy transition race; urgent needs unmet

Reuters MEXICO CITY – As oil majors and developed nations push for a faster transition to clean energy, much of Latin America is struggling just to cover its basic supply needs for fossil fuels, which is forcing some countries to actually rely more on dirty energy sources. Experts speaking at this year’s all-virtual CERAWeek conference said a portion of Latin

Texas grid operator made $16 billion price error during winter storm, watchdog says- oil and gas 360

Texas grid operator made $16 billion price error during winter storm, watchdog says

Reuters  Texas’ power grid operator Electric Reliability Council of Texas (ERCOT) made a $16 billion pricing error in the week of the winter storm that led to power outages across the state, Potomac Economics, which monitors the state’s power market, said. ERCOT kept market prices for power too high for more than a day after widespread outages ended late on

U.S. rig count had an increase of 1 this week, at 585- oil and gas 360

U.S. rig count increased by 1 this week, at 403

Oil and Gas 360 This week’s Baker Hughes rig count shows that U.S. had an increase of  1 over last week, resulting in a total count of 403 rigs. Canada had a decrease of 22 over last week, resulting in a total Canadian count of 141 rigs. Breakdown by region Of the regions tracked by Baker Hughes, 1 region, the

Colorado Oil & Gas taunts the North Face at mock award ceremony

4CBS Denver DENVER (CBS4)– The North Face is being celebrated by the very industry it snubbed. The Colorado-based company recently rejected an order for 400 jackets from a Texas oil and gas company because it reportedly didn’t want to be associated with an industry that doesn’t meet its brand standards. Ironically, the jackets and almost every product The North Face