The Sniffers also participates in the UN’s OGMP 2.0 reporting framework an initiative of CCAC, UNEP, and EDF. Some 62 companies representing 30% of the world’s oil and gas production have joined the partnership and commit to reporting against OGMP 2.0. After the event, Verhoeven told Oil...
oil and gas companies scrambling for cash, Beal has been quietly building an oil and gas lending team at his Texas bank, and though he has yet to close on his first deal, he expects to pull the trigger soon. "We are trying to get real active in the oil patch," he says. "We're...
And then, really equally important is helping oil and gas companies shift their exploration and especially their extraction so that even when they are producing a barrel of oil it is a more climate-friendly barrel. It is cleaner oil, the process itself it isn’t giving off the methane that...
Chen Weidong, an influential policy guru at government-controlled China National Offshore Oil Corp., has a blunt message for oil sands companies and investors: Get out. The future, he says, is natural gas trapped in shale rocks. "The oil sands are too costly and too polluting," Mr. ...
2022 oil and gas industry outlook 2022 oil and gas industry outlook Oil and gas companies build momentum as they look to reinvent themselves By now, close to 50% of the world’s population has The positivity of such changes is reflected in our survey, received at least one dose of the CO...
Other basics such as salt and cooking oil have also doubled in price. Fuel costs have more than doubled for trucks that haul food to landlocked Burkina Faso, helping keep food prices high. Soaring gas prices drive U.S. scooter sales NEW YORK–Record gasoline prices are fueling a boom...
China's Thirst for Oil Crisis Group Asia Report N°153, 9 June 2008 fulfils its obligations, it will gradually allow private traders to import oil products and foreign firms to set up gas stations.154 Western oil and gas companies have also been playing an increasingly prominent role in ...
Deloitte says the oil and gas sector has seen a surge of investment in digital and innovation programs, even though many companies still have difficulty identifying the potential value to their business. It says the sector must continue to embrace digital in a purposeful manner, aligning...
the chief financial officer of Canadian Oil Sands Ltd., the largest investor in a consortium of oil companies called Syncrude Canada Ltd. 'These are huge dollars not being spent.'Oil-patch spending has a big multiplier effect, and boosted sectors such as construction and heavy equipment at a ...
Then he rode into town (Calgary) and told everyone. They rushed out and drilled a well, and that was the discovery well for the Turner Valley oil and gas field. They flared so much gas at Turner Valley producing the oil - at least $20 billion worth at today's prices - that the ...