(Oil & Gas 360) – During the Cold War the United States had a clear strategy on which it could hang its foreign policy. That strategy changed from containment to Reagan’s “We win, they lose” strategy so the policies changed but there was always a strategy. To prevail in foreign affairs, a strategy is the first requirement to provide guidance
(Oil & Gas 360) – A dozen environmental groups have indirectly targeted some of the country’s largest oil and refining companies. The groups claim that the Environmental Protection Agency (EPA) has failed to hold the companies’ coke-making plants accountable for violating the Clean Water Act. The groups say the EPA has never set a national standard for water pollution from
(Oil Price) – Eni SpA has closed the sale of its upstream assets in Alaska to U.S. privately-owned oil and gas producer Hilcorp for $1 billion as the Italian energy major looks to divest non-core assets. Eni sold 100% of its Nikaitchuq and Oooguruk assets in Alaska after receiving approvals from all relevant authorities, the company said on Monday. The Italian firm will
(BOE Report) – OTTAWA – Oil and gas producers in Canada will be required to cut greenhouse gas emissions by about one-third over the next eight years under new regulations being published today by Environment Minister Steven Guilbeault. The regulations, still only in draft format and about two years behind schedule, could further strain relations between Ottawa and the Alberta government
(World Oil) – ADNOC and AIQ announced today at ADIPEC the launch of ENERGYai, the world’s first-of-its-kind custom-built agentic artificial intelligence (AI) solution for the global energy transformation. ENERGYai will combine large language model technology with cutting-edge ‘agentic’ AI – AI ‘agents’ that are trained in specific tasks across ADNOC’s value chain. These specialized AI agents bring a new level
(Oil Price) – California authorities are about to make gasoline even more expensive for local drivers following a further tightening of emission rules, scheduled to be voted on this week. The vote would amend the state’s Low Carbon Fuel Standard, a program that began back in 2011 with the aim of incentivizing fuel producers to make lower-emission products by creating a carbon credit
(Investing) – Oil prices rose more than 2% on Monday on a decision by OPEC+ to delay by a month plans to increase output, while the market braced for a crucial week that includes the U.S. presidential election. U.S. Democratic candidate Kamala Harris and Republican Donald Trump remain virtually tied in opinion polls ahead of Tuesday’s Election Day, and the winner
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