Harnessing Oil and Gas: Canada’s ‘Trump Card’ in a Trade War
Leveraging oil and gas could be Canada’s ‘trump card’ in a tariff war “The fentanyl issue is just a smokescreen for what is a long term goal of reshoring American jobs and reshoring American investment, and stirring up the shitstorm of uncertainty for investors, ”says the research chair in Canada-U.S. relations at St. Francis Xavier University. […]
Carbon Pricing: A Strategic Gamble for the Oil and Gas Sector
Carbon Pricing: A Strategic Bet for Oil and Gas Companies Oil and gas companies are backing carbon pricing—not just for emissions reduction, but to create a predictable business environment. Observer Labs In November 2021, U.S. Energy Secretary Jennifer Granholm asked the National Petroleum Council (NPC) to conduct a study on the at-scale deployment of low- […]
Bill to Separate Oil and Gas Operations from Schools Progresses in House
Bill to move oil and gas away from schools advances in House Adrian HeddenCarlsbad Current-Argusachedden@currentargus.com Oil and gas companies could be forced to build drilling rigs and other facilities a mile from all schools in New Mexico if a bill advancing through the New Mexico Legislature becomes law. House Bill 35 was advanced by the […]
BP Strikes Oil and Gas Reserves in the Mediterranean Sea
BP hits oil & gas pay in Mediterranean Sea UK-headquartered energy giant BP has found more oil and gas in the northern Mediterranean within the Egyptian Exclusive Economic Zone (EEZ). The announcement of BP’s new oil and gas discovery in King Mariout was made by Dr. Mostafa Madbouly, Egypt’s Prime Minister, during a press conference on February 6, […]
Equinor Announces $5 Billion Share Buyback and Cuts Renewables Investment Amid Rising Oil and Gas Production – Equinor (NYSE: EQNR)
Equinor Unveils $5 Billion Buyback, Trims Renewables Spending As Oil & Gas Output Rises – Equinor (NYSE:EQNR) Equinor ASA EQNR shares are trading lower after the company reported fourth-quarter FY24 results. Revenue and other income fell 5% year-over-year (Y/Y) to $27.654 billion and adjusted revenue declined 7% Y/Y to $26.418 billion. The consensus estimate stood at $25.973 billion. Total […]
Exclusive: BP Set to Invest Up to $25 Billion in Kirkuk’s Oil and Gas Sector in Iraq
Exclusive-BP poised to invest up to $25 billion in Iraq’s Kirkuk oil and gas By Aref Mohammed and Ahmed Rasheed BAGHDAD (Reuters) – Oil major BP is expected to spend up to $25 billion over the lifetime of a project to redevelop four Kirkuk oil and gas fields, a senior Iraqi oil official told Reuters, […]
Multi-Billion Dollar Ventures at Risk: UK’s Largest Untapped Oil & Gas Partners Face Setback, Yet Shell, Equinor, and Ithaca Stay Optimistic
Multi-billion projects at stake: Another blow for UK’s largest untapped oil & gas duo but Shell, Equinor, and Ithaca remain upbeat In the wake of a new court ruling, the development of two hydrocarbon projects – said to be the largest undeveloped oil and gas fields off the coast of the United Kingdom (UK) – has […]
Proximity to Active Oil and Gas Wells May Elevate COVID-19 Mortality Risk
Living Near Active Oil and Gas Wells May Have Increased Risk of Dying from COVID-19 On Feb. 6, 2020, a week after the World Health Organization declared the global coronavirus outbreak a public health emergency, the first Californian died of COVID-19 in San Jose. The next month, cases ballooned around the San Francisco Bay Area, […]
TriMas Finalizes Sale of Arrow Engine to IES, Exits Oil and Gas Sector
TriMas Completes Arrow Engine Sale to IES, Exits Oil & Gas Market 01/31/2025 – 08:45 AM BLOOMFIELD HILLS, Mich.–(BUSINESS WIRE)– TriMas (NASDAQ: TRS) today announced the successful completion of the previously announced sale of its Arrow Engine business, thereby exiting its direct presence in the oil and gas market sector. The sale was finalized with […]
Offshore Oil & Gas Paints and Coatings Market Analysis Reveals Significant Growth Potential
Offshore Oil & Gas Paints and Coatings Market Analysis Shows Sky Offshore Oil & Gas Paints and Coatings Market The global offshore oil and gas paints and coatings market generated $537.6 million in 2020, and is expected to reach $764.9 million by 2030, witnessing a CAGR of 3.7% from 2021 to 2030. According to the report published […]