(Reuters) – Russia’s central bank has warned the Kremlin’s policy makers the United States and OPEC have the capacity to flood the oil market and cause a repeat of the prolonged price collapse of the 1980s – which contributed to the downfall of the Soviet Union. The warning came weeks before Russian and U.S. Presidents …
Russian Central Bank Sees Chance of Prolonged Low Oil Price Cycle Read More »
By Steven Globerman What the History of Technological Change Tells Us About the Likely Economic Consequences of Artificial Intelligence Artificial Intelligence (AI) is an emerging General Purpose Technology (GPT). That is, it is an innovation that can be used for many activities across different industries and sectors and can be expected to have a major …
TG Natural Resources, majority owned by Tokyo Gas, is looking to add Haynesville locations as inventory grows scarce, CEO Craig Jarchow said.
U.S. oil major Chevron said on Friday its Chairman and Chief Executive Officer Michael Wirth was paid $32.7 million in 2024, according to a filing with the Securities and Exchange Commission. The total compensation received by Wirth represents a 23.4% increase from the prior year. However, the median annual compensation for Chevron employees, in the U.S. …
Chevron CEO Michael Wirth’s Pay Rises to $32.7 Million in 2024 Read More »
Kinder Morgan will continue as Natural Gas Pipeline Co. of America’s operator following Brookfield Infrastructure’s sale of a 25% stake to Arclight Capital Partners.
(Reuters) – The future of Canada’s six-year-old carbon pricing system is on shaky ground after 14 oil and gas CEOs and the political opposition leader this week called for its repeal. Scrapping the system, which aims to reduce pollution by giving heavy industry a financial incentive to cut carbon emissions, however, puts the viability of …
Canadian Opposition, Oil CEOs Call for Scrapping Federal Carbon Price System Read More »
Building on synergies with the oil and gas sector, geothermal companies seek to go hotter and deeper to unleash energy.
India’s Cairn Oil & Gas, part of Vedanta Group, plans to deliver its first shale well using U.S. shale techniques honed by oilfield service companies, in June or July.
Here is a look at some of this week’s renewable energy news, including a move by U.S. President Donald Trump to boost domestic production of critical minerals.
(Reuters) – U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, rose by one to 593 in the week to March …
US Oil and Gas Rigs Rise for First Time in Three Weeks, Baker Hughes Says Read More »
