Friday, November 22, 2024
Exclusive Interview: Qnergy – stirling engines for addressing methane emissions - oil and gas 360

Exclusive Interview with Dan Cohen, President and Founder of FLITE Material Sciences: Sustainable, low-cost water management, treatment and recycling

Publisher’s Note: Dan Genovese with EnerCom interviewed Dan Cohen, President and Founder of FLITE Material Sciences, to discuss their new surface engineering techniques that lead to safer products and a cleaner environment. Industrial companies spend billions on coatings and lose trillions when coatings fail. FLITE’s patented laser techniques make permanent textures that prevent rust and contamination on surfaces. We can

Exxon posts biggest profit in seven years on high oil prices- oil and gas 360

Exxon posts biggest profit in seven years on high oil prices

Yahoo Finance HOUSTON -Exxon Mobil Corp on Tuesday reported a fourth-quarter profit of $8.87 billion, its largest in seven years, as the top U.S. oil producer benefited from strong energy prices. The company slashed spending after fuel demand cratered two years ago. Since then, earnings have topped pre-pandemic levels, helped by the rise in oil prices, with the global oil

Imperial Oil misses profit estimates as cold weather hits output-oil and gas 360

Imperial Oil misses profit estimates as cold weather hits output

Nasdaq Feb 1 – Canada’s Imperial Oil Ltd IMO.TO on Tuesday posted a quarterly profit that narrowly missed estimates, as extreme cold weather hit the company’s production.   Oil sands mining, which accounts for the bulk of Canada’s crude output, was hit by icy temperatures in December and January that slowed production. The company, majority-owned by Exxon Mobil Corp XOM.N, said fourth-quarter

JPMorgan sells shale driller it picked up following bankruptcy- oil and gas 360

JPMorgan sells shale driller it picked up following bankruptcy

World Oil (Bloomberg) –JPMorgan Chase & Co. is selling Bighorn Permian Resources LLC, an oil and gas producer it took over in 2020 after the company failed to attract bidders during its bankruptcy, to Earthstone Energy Inc. for $860 million. Formerly known as Sable Permian Resources, Bighorn was part of the late shale pioneer Aubrey McClendon’s empire. Amid the pandemic-driven