Downstream

This post was originally published on this siteFrench oil giant TotalEnergies operates oil and gas production facilities, refining and chemicals sites and service stations throughout the globe. Last year, the company launched the industry’s first internet enabled helmet to help plant workers carry out complex procedures. The helmet leaves workers with their hands free but […]

This post was originally published on this siteDec 20, 2021 (Bloomberg) President Joe Biden’s economic agenda now hinges on whether Democrats can make enough changes to satisfy moderate Joe Manchin, a pivotal vote in the Senate whose objections Sunday ground the roughly $2 trillion plan to a halt.The administration and its allies in Congress will look

This post was originally published on this siteDec 20, 2021, (Bloomberg) Tesla Inc.’s stock went on a tear after an October deal with Hertz Global Holdings Inc. signaled broader mainstream adoption of its electric cars. But that 35% rally is gone now. Tesla slid 3.5% on Monday, closing at $899.94. That put the shares below where they’d closed

This post was originally published on this siteDec 21, 2021 (Bloomberg) Oil rose as traders assessed the outlook for demand amid the rapid spread of omicron.Futures in London climbed above $72 a barrel in a volatile trading session on Tuesday, having fallen about 5% over the past two days. The new virus variant accounted for 73% of all

This post was originally published on this siteby Irina Slav See More Articles from Irina Slav Poorer German families may need to choose which rooms of their flats to heat this winter because of sky-high electricity prices, The Independent reported this week, citing an official from a children’s charity. Electricity prices in the country are about 30%

This post was originally published on this siteDecember 21, 2021 HOUSTON and RIYAD, Saudi Arabia, Dec. 21, 2021 (GLOBE NEWSWIRE) Vantage Drilling International (“Vantage”), announces today that its board of directors has ratified and approved the entry into that certain Share Purchase Agreement (the “Agreement”) by one of its directly-held subsidiaries, Vantage Holdings International (“VHI”), with

This post was originally published on this siteThe world’s need for affordable oil isn’t going to disappear anytime soon. If supply doesn’t pick up, that won’t bode well for any of us. By Julian Lee Julian Lee is an oil strategist for Bloomberg First Word. Previously he worked as a senior analyst at the Centre

This post was originally published on this site(Bloomberg) -U.S. solar shares plunged after President Joe Biden’s $1.75 trillion signature economic and clean energy plan suffered a crucial blow. Sunrun Inc., the biggest U.S. residential solar installer, fell as much as 12% Monday before paring some of the losses. First Solar Inc., the country’s top panel

This post was originally published on this siteDec 20, 2021 (Bloomberg) The U.K. proposed a series of climate change tests to determine whether new oil and gas fields can be built off its shores, but said its net-zero pledge doesn’t require the industry to be shut down.New projects could potentially still be allowed if they can

This post was originally published on this siteDec 19, 2021 (Bloomberg) Senator Joe Manchin left Democrats with few options for reviving President Joe Biden’s economic agenda after blindsiding the White House on Sunday with his rejection of the roughly $2 trillion package.The White House and Senate Majority Leader Chuck Schumer now must determine whether they can