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Schlumberger adjusts operations planning as U.S. COVID-19 cases soar

This post was originally published on this siteJan 7 (Reuters) – Schlumberger (SLB.N), the world’s largest oilfield services company, is adjusting operations planning as COVID-19 infections have soared among its U.S. workforce, the company said on Friday. Schlumberger has had around 14 employees per day test positive for the virus this month, compared to roughly […]

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Biden Administration to Scrap Trump Plan for Wider Alaska Oil Drilling

This post was originally published on this siteThe Biden administration announced on Monday that it will reverse a Trump-era policy that opened up vast swathes of Arctic Alaska land to new oil development. The U.S. Department of the Interior said it will scrap the Trump administration’s decision that authorized expanded leasing and development in the

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Explainer: What is at stake for the U.S. biofuel blending law in 2022 and beyond

This post was originally published on this siteNEW YORK, Jan 11 (Reuters) – The U.S. biofuel blending program known as the Renewable Fuel Standard (RFS) could see its most transformative year yet in 2022, as the Biden Administration must make decisions to reset statutes that mandate U.S. renewable fuel blending. The program was designed to

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Changes Needed: California Governor Wants Changes to Plan to Cut Solar Subsidies

This post was originally published on this site(Bloomberg) California Governor Gavin Newsom said changes need to be made to a contested state proposal that would slash incentives for rooftop solar systems.Newsom was asked Monday at a state budget press conference if a draft plan that would make it more expensive for residents to go solar

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European Power Prices Extend Decline as More LNG Offers Relief

This post was originally published on this siteJan 11, 2022 (Bloomberg) European electricity prices plunged as increasing supplies of liquefied natural gas is easing the region’s energy crunch. German power for next month fell for a third day, dropping as much as 8.2%, as Dutch gas extended its bearish streak this week. Warmer weather in central

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Oil Rallies With Equity Markets Before U.S. Releases Energy Data

This post was originally published on this siteJan 11, 2022 (Bloomberg) Oil gained as European equities bounced back, with crude continuing to follow the fortunes of wider markets in the first weeks of 2022. West Texas Intermediate added 1.2% as stock markets in Europe rallied. The industry-funded American Petroleum Institute will release its weekly U.S. oil

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Irina Slav on Energy: Here’s Why Everyone Should Watch Assassin’s Creed – Part 1

This post was originally published on this siteMore From Irina Slav I’m sure this is not a headline you expected to see here but bear with me and it will all become clear. “Assassin’s Creed” is a 2016 adaptation of the same-name videogame series, in which the Order of the Assassins fights with the Knights

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