At the conclusion of the 24th edition of the World Petroleum Congress, which was ambitiously titled Energy Transition: The Path to Net Zero, little progress appears to have been made on adv… Read More

At a panel discussion held at the 24th World Petroleum Congress, Shaikh Nawaf Saud Al-Sabah, deputy chairman & CEO of the Kuwait Petroleum Corporation, estimated that more than a b… Read More

It is a well established fact that increasing oil production leads to increased emissions, and that major reductions in oil production and consumption are necessary to avoid catastrophic cl… Read More

Canada, home to the world’s third-largest crude deposits, is poised to reshuffle global oil flows next year and potentially ease price surge worries in cash-strapped importing nation… Read More

An oil and gas industry lobby group under investigation for allegations of greenwashing has been marketing its members as leaders on the road to net zero on public transit agencies in Canad… Read More

On Friday, Scotiabank downgraded Cenovus Energy from a “sector outperform” rating to a “sector perform” rating. This news has caused concern among investors who have… Read More

The complaint, submitted by a handful of environmental groups, alleges Pathways Alliance misled Canadians in its advertising campaign touting its plan to achieve net-zero emissions by 2050… Read More

Oil sands producers plan to spend billions of dollars on emissions-reducing technologies so that they can boost production and sell more of their climate-warming products overseas, an indus… Read More

A national Indigenous group is fighting a proposed federal limit on oil and gas sector emissions by arguing it will harm First Nations, Métis and Inuit communities.  But the… Read More

(Calgary) Cenovus Energy says its capital spending budget will total between $4.0 billion and $4.5 billion in 2023, including about $2.8 billion in sustaining reinvestment. According to… Read More

The post Global Bitumen Refining Technology Market Growth Trends Analysis and Dynamic Demand appeared first on Newstrail.com authored by Analytics Market Research What is Global Bitumen Refi… Read More

Image Source: FreeImages The oil and gas industry is among the most volatile today. Many investors shy away from it because of its high risk. However, some opportunities within this sector c… Read More

CVE moves forward with Grand Rapids oil sands project in northern Alberta (Read more...) Categories: Oil Gas and Chemicals Tags: BPcvecvxshellxom The post Oil Sands: Cenovus production… Read More

The “sustainable” investing movement is in full swing, folks. It’s a trend defined by the evaluation of environmental, social and governance (ESG) factors when investing. I… Read More

US major ConocoPhillips reported a 480% increase in net earnings for Q1 2022 on May 5, driven by divestitures, higher realised prices and increased production, and committed to returning abo… Read More

Five of Canada’s largest oil sands producers said June 9 they would embark on a path to net-zero by 2050, utilising a range of technologies to slash greenhouse gas (GHG) emissions.The… Read More

Investor heat on oil majors to quickly jettison carbon-intensive assets to drive sales with Canada's 'Final Four' the logical buyers Author of the article: Yadullah Hussain Chevron Ca… Read More

US major ConocoPhillips announced May 4 that first quarter earnings of $1bn was a marked improvement over its $1.7bn loss during the same period last year.Conoco had reported losses for thre… Read More

Global Potassium Formate Market was valued US$ XX Mn. in 2019 and is expected to reach US$ XX Mn. by 2027, at a CAGR of 2.2 % during a forecast period. Global Potassium Formate Market The re… Read More

Shell Earnings Tumble in Q2, But Trading Offers Bright SpotShell generated $638mn in second-quarter adjusted earnings, down 82% from $3.46bn a year earlier, it said, blaming the result on we… Read More

Heavy Canadian crude prices narrowed to the smallest discount against U.S. benchmark futures since April as crude-by-rail shipments were forecast to increase. Western Canadian Select, an oil… Read More

Top Oil Stocks Quick Picks: 7. Obsidian Energy6. Baytex Energy5. Tourmaline Oil4. Whitecap ResourcesOur Top 3 Picks Trump’s protectionism policies have had a big impact on the volatil… Read More

Energy giant ConocoPhillips has agreed to divest assets in the San Juan Basin in the Southwestern U.S. to Hilcorp Energy Company for $3 billion. The partnership will pay $2.7 billion in cash… Read More

Experts at the International Energy Agency (IEA) said a continuing glut of oil will keep prices low and prevent them from rebounding until next year.Just a year ago the IEA, the Paris-b… Read More