Natural Gas Services Group, Inc. Reports Third Quarter 2021 Financial and Operating Results

This post was originally published on this siteMidland, TX, Nov. 11, 2021 (GLOBE NEWSWIRE) Third Quarter 2021 Highlights Rental revenue of $16.2 million, an increase of 4% when compared to the second quarter of 2021 and 9% when compared to the third quarter of 2020. Net loss of $1.3 million ($0.10 loss per basic and […]

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Democrats Press Biden to Consider Oil Export Ban

This post was originally published on this site(Bloomberg) President Joe Biden faces growing pressure from fellow Democrats to address rising gasoline prices by taking steps that include a possible ban on oil exports and the release of crude from the nation’s strategic reserves.Eleven Democratic senators, including several known for their concerns on climate change, urged

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Biden Urges Net-Zero Aviation by 2050 in Huge Leap Beyond Cars

This post was originally published on this siteBy Keith Laing Nov 9, 2021 (Bloomberg) President Joe Biden’s administration is targeting one of the tougher sources of climate-warming greenhouse gases with a plan that calls for the U.S. aviation sector to reach net-zero emissions by 2050.Aviation has been more challenging to decarbonize than automobiles, which can essentially

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Oil driller merger is only partly defensive

This post was originally published on this siteGLASGOW, Nov 10 (Reuters Breakingviews) – Europe’s Maersk Drilling (DRLCO.CO) and U.S. rival Noble (NE.N) have droll timing. The pair announced a transatlantic merger on Wednesday, just as negotiators at Glasgow’s COP26 climate talks unveiled the first fruits of their labours. That included a draft pledge to phase out subsidies for fossil fuels.

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Saudi says climate fight shouldn’t shun any particular energy source

This post was originally published on this siteSaudi Energy Minister, Prince Abdulaziz bin Salman bin Abdulaziz Al Saud is surrounded by media during the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 10, 2021. REUTERS/Phil Noble GLASGOW, Nov 10 (Reuters) – Saudi Arabia’s top energy official said on Wednesday that efforts to combat

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Show Us the Money: India Holds Back on Climate Pledge Until Rich Nations Pay $1 Trillion

This post was originally published on this siteNov 10, 2021 (Bloomberg) India has declined to update its official climate goal at the United Nations climate negotiations, holding out for rich countries to first offer $1 trillion in climate finance by the end of the decade.The resistance from India stands in contrast to its surprise announcement on Nov. 1,

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