Residents fetch water from a well contaminated by oil pollution at Ogale Town, Eleme in southeast Nigeria, on June 13, 2015.Afp Contributor | Afp | Getty ImagesOver 13,000 residents from two Nigerian communities are seeking damages from Shell in the High Court...
Month: February 2021
CNBC | Oil giant reports record annual profits
Shell said last month that windfall taxes imposed by the European Union and U.K. following the surge in profits would cost the group about $2 billion.Paul Ellis | Afp | Getty ImagesBritish oil giant Shell on Thursday posted its highest-ever annual profit,...
Epoch Times | Bipartisan Bill Introduced to Protect US Strategic Petroleum Reserve
Chairman of the U.S. Senate Committee on Energy & Natural Resources Sen. Joe Manchin (D-W.Va.), in a bipartisan effort led with Sen. Ted Cruz (R-Texas), on Wednesday introduced legislation to prohibit the Biden administration selling crude oil from the U.S....
Rigzone | Beware tech stocks — these cash-rich names are a better bet: Analysts
Forget growth stocks like tech. Analysts are recommending that investors go for companies with lots of cash. The market rallied in January — including the tech-heavy Nasdaq Composite, which rose nearly 10.7% last month for its best monthly performance since...
Rigzone | Biden moves toward approval for Alaska oil drilling project
Alaskan oil extraction site.Lowell Georgia | Getty ImagesPresident Joe Biden's administration on Wednesday recommended a scaled-down version of a major oil drilling project in the North Slope of Alaska, taking a step toward approving the $8 billion Willow plan...
Rigzone | Exxon, Chevron earnings, buybacks show cheap gas isn’t coming back
If you want a quick outlook on whether U.S. gas prices are likely to return to pre-Covid levels, a good place to start is earnings reports from Chevron and Exxon in the last week.The outlook: Don't count on it. In their fourth-quarter earnings reports, both...
Basin Breakdown December 2022
Tavis and RARE PETRO's newest cohost, Scott McNear, talk about the largest stories from basins across the US to wrap up 2022. Find older episodes here Music: https://www.bensound.com/royalty-free-music
Rigzone | Norway’s sovereign wealth fund loses $164 billion in 2022
Norway's sovereign wealth fund was established in the 1990s to invest the surplus revenues of the country's oil and gas sector.Bloomberg | Bloomberg | Getty ImagesNorway's sovereign wealth fund on Tuesday reported a record loss of 1.64 trillion Norwegian kroner...
Monday Madness: Jan 30 ’23
In this episode we take a look at how OPEC is prepping for February 1st and how India plans to use more coal in the coming years. CLICK YOUR PREFERRED STREAMING PLATFORM TO LISTEN TO THE PODCAST Other Episodes Audio Transcript Alrighty everyone, welcome back! This is...
Enverus | Increase Visibility and Efficiency With OpenTicket Mobile
In the face of ongoing cost inflation and economic uncertainty, operators are under increasing pressure to demonstrate efficiencies and fiscal discipline. For operations and accounts payable teams, reviewing and approving high volumes of field tickets continues...
FNB | Syrian government forces behind 2018 Douma chemical attack, watchdog group says
A global chemical weapons watchdog group released the results of a nearly two-year-long investigation into the use of chemical weapons in Douma, Syria, in 2018, on Friday, concluding that Syrian government forces were behind the attack. The Organization for the...
Epoch Times | Chevron Annual Profit Hits Record but Q4 Miss Hits Shares
HOUSTON—Chevron Corp. on Friday posted a record $36.5 billion profit for 2022 that was more than double year-earlier earnings, but the bottom line fell shy of Wall Street estimates, undercut by asset writedowns and rising costs. The second largest U.S. oil...