Sunday, October 20, 2024
The Oil and Gas Industry: Growing Commitments to Financial and ESG Stewardship: Highlights and Presentations from EnerCom Dallas: The Energy Investment & ESG Conference on April 6-7- oil and gas 360

The Oil and Gas Industry: Growing Commitments to Financial and ESG Stewardship: Highlights and Presentations from EnerCom Dallas: The Energy Investment & ESG Conference on April 6-7

Oil & Gas 360 Growing public expectations around Corporate Social Responsibility has increased the emphasis by investors on making investments in oil and gas companies that are actively addressing ESG concerns, more focused on financial sustainability, and pursuing good corporate citizenship.  EnerCom Dallas provided institutional investors an early 2021 opportunity to meet CEOs from leading independent E&Ps, including some of

Fate of Dakota Access pipeline at stake at Friday court hearing- oil and gas 360

Fate of Dakota Access pipeline at stake at Friday court hearing

Reuters NEW YORK – The fate of the Dakota Access pipeline could be decided at a U.S. court hearing Friday, where federal regulators could set in motion a months-long shutdown of the line while the Biden Administration completes an environmental review. The market has been increasingly worried about a possible shutdown as the White House aims to reduce the nation’s

U.S. renewable fuels market could face feedstock deficit- oil and gas 360

U.S. renewable fuels market could face feedstock deficit

Reuters NEW YORK  – Demand for feedstocks from renewable fuel producers is expected to surge in the United States in coming years as companies scramble to expand output. Energy from material that comes from plants and animals, or biomass, currently accounts for roughly 5% of U.S. energy use, slightly more than wind and solar energy. Most U.S. energy use is

Banking on the Biden boom: Siemens Energy pins hopes on U.S.- oil and gas 360

Banking on the Biden boom: Siemens Energy pins hopes on U.S.

Reuters FRANKFURT – German engineering group Siemens Energy wants its slice of the $2.3 trillion U.S. President Joe Biden plans to spend on infrastructure, including power grids and renewables, as the company targets higher sales in its biggest market. “We see great opportunities for wind energy, onshore but above all in the area of offshore,” Tim Oliver Holt, who is

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

U.S. rig count increased by 2 this week, at 432

Oil and Gas 360 This week’s Baker Hughes rig count shows that U.S. had an increase of  2 over last week, resulting in a total count of 432 rigs. Canada had a decrease of 11 over last week, resulting in a total Canadian count of 58 rigs. Breakdown by region Of the regions tracked by Baker Hughes, 2 regions, the

Commodities trader Trafigura launches carbon trading desk- oil and gas 360

Commodities trader Trafigura launches carbon trading desk

Reuters LONDON -Trafigura has begun launching a carbon trading desk led by Hannah Hauman, the global commodities trading firm said on Friday, as part of its push to gain a foothold in the global energy transition. The Geneva-based firm set up a renewables and power division in 2019 to be a third core pillar alongside metals and oil trading. It

Oil prices dip on mixed supply and demand outlook- oil and gas 360

Oil prices dip on mixed supply and demand outlook

Reuters LONDON -Oil prices edged lower on Friday on rising supplies from major producers and concerns over a mixed picture on the COVID-19 pandemic’s impact on fuel demand. Brent crude futures for June fell 32 cents, or 0.32%, to $62.88 a barrel by 1230 GMT while U.S. West Texas Intermediate (WTI) crude for May was at $59.43, down 17 cents.

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