May 2023

Exxon Mobil Corp. shareholders on Wednesday overwhelmingly supported the company’s views on climate reports and strategies, rejecting proposals for report on methane, greenhouse gas reporting and oil-spill preparations by a wide margin. None of the initiative proposals received more than 36% of votes cast, according to early results at the online shareholder meeting. Several of the …

Exxon Shareholders Soundly Reject all Climate-Related Petitions Read More »

Courtesy of Offshore Energy Courtesy of ENERGYminute See more articles and infographics from ENERGYminute HERE PowerX announced plans to develop the world’s first battery-powered oil tanker, aiming for completion by 2025. The ship would be built for short distances, up to 300 kilometers, and charge at power stations located near the ports. READ MORE HERE

(Reuters) – The bipartisan U.S. debt deal’s provisions to speed up energy infrastructure permitting will make it easier to build fossil fuel and clean energy projects but failed to tackle the mammoth issue of building transmission and pipelines needed to get their production to consumers. The Biden administration said the deal, announced over the weekend, …

U.S. Debt Deal’s Energy Permitting Reforms Leave Thorniest Issues For Later Read More »

LONDON, May 30 (Reuters) – OPEC and its allies, including Russia, meet in Vienna on June 4 to decide on their output policy. The group, known as OPEC+, agreed on April 2 to increase crude oil production cuts to 3.66 million barrels per day (bpd) or 3.7% of global demand, after several members pledged unilateral …

Explainer: Why is OPEC+ Cutting Oil Output? Read More »

Lund, Sweden. Axis Communications, a leader in network video, announces AXIS P1468-XLE Explosion-Protected Bullet Camera, the world’s first explosion-protected camera specifically designed for Zone and Division 2 hazardous locations. The camera is designed for Zone 2, 22 and Class I/II/III Division 2 according to international standards (ATEX, IECEx, NEC). Axis Communications launches world’s first explosion-protected …

Axis Communications Announces World’s First Explosion-Protected Camera Designed for Zone/Division 2 Hazardous Areas Read More »

U.S. natural gas futures dropped about 4% on Tuesday on record U.S. output and forecasts for milder U.S. weather and lower demand over the next two weeks than previously expected. U.S. energy company Equitrans Midstream Corp’s long-delayed $6.6 billion Mountain Valley gas pipe from West Virginia to Virginia could win federal approval as part of …

U.S. Natgas Futures Drop 4% on Record U.S. output, Lower Demand Forecast Read More »

HAMBURG, May 26 (Reuters) – Siemens Energy (ENR1n.DE) is considering setting up production in the United States to help modernise the country’s power grid, keen for a slice of what is expected to be a multitrillion-dollar market following the Inflation Reduction Act (IRA). The deliberations are part of a broader rethink at the German power conglomerate …

Siemens Energy plans U.S. power grids push to tap into IRA boost Read More »

The mother of all cases is finally here By Geoffrey Cann I’ve been waiting a long time for this moment. As far back as 2004, I explored the possibility of deploying cellular phones within an oil refining complex. The idea of persistent and safe communications with supervisors and lead hands by phone or text message …

Apple iPhones Now Permitted on Oil and Gas Sites – Geoffrey Cann Read More »

Ventbuster Instruments has gained a comprehensive understanding of emission characteristics through extensive testing on surface casing vents, leaking wells, and various hydrocarbon vents in Western Canada and the United States. This knowledge is crucial as the energy industry strives to achieve “net-zero” emissions by 2050. With their technology, the Ventbuster® providing continuous and unrestricted point-source …

Can Precise Emission Quantification Aid Industry in Achieving Net-Zero Emissions? Read More »

ConocoPhillips exercised its right to acquire TotalEnergies SE’s 50% stake in the Surmont oil-sands field for as much as $3.33 billion, giving it full control of the Canadian operation and thwarting efforts by Suncor Energy Inc. to buy into the site. The purchase includes a $3 billion price tag and as much as $325 million …

Conoco to Buy Full Control of Canadian Oil-Sands Site for $3 Billion, Thwarting Suncor Read More »