They are set to propose a landmark initiative at an upcoming OECD meeting, urging the world's wealthiest nations to cease subsidies for foreign oil, gas operations, and coal mining as reported by Financial Times.
November 20, 2023
A recent report by the Energy Transitions Commission highlights the indispensable role of carbon capture, utilization, and storage (CCUS) in certain industries' decarbonization efforts.
November 20, 2023
In a pivotal divergence of opinion, U.S. investors, including major players BlackRock, Vanguard, State Street, and JPMorgan, voted against climate resolutions proposed by activist group Follow This at the shareholder meetings of five leading western oil firms.
November 12, 2023
US oil major Chevron's recent acquisition of Hess for $53B grants them access to Guyana's offshore oil reserves, totaling a substantial 11B bbl. according to Financial Times.
November 05, 2023
In the midst of global climate change and environmental degradation resulting from rapid industrialization, Guyana finds itself facing a paradox.
October 09, 2023
In the latest Dallas Fed Energy Survey in the US, executives from 138 oil and gas firms were surveyed regarding their expectations for the impact of the ongoing energy transition on oil prices five years into the future.
October 08, 2023
Opinions in recent news offer contrasting perspectives on the future of oil prices.
October 08, 2023
The prominent exploration and production company is forging ahead with an electrification project set to transform Norway's Yggdrasil area oil and gas project in the North Sea.
October 08, 2023
US investment bank's CEO, David Solomon, has stood firm against mounting pressure from climate activists demanding that the bank cease its financing of oil and gas companies.
October 01, 2023
French major energy firm remains resolute in its commitment to emissions reduction while concurrently planning to augment oil and gas production by up to 3% over the next five years.
October 01, 2023
