This post was originally published on this siteReuters HOUSTON — Global crude-oil refiners will not be able to follow a single roadmap to lower carbon emissions, and each region will adopt its own approach, energy company executives said at a Houston conference on Tuesday. Refiners could be among the most exposed to the industry shift […]

This post was originally published on this siteDec 7 (Reuters) – The United States should produce and export more natural gas to tackle climate change, the country’s top producer EQT Corp (EQT.N) said in response to U.S. Senator Elizabeth Warren’s recent criticism of the energy sector for spiraling gas prices. “LNG exports have the potential to be

This post was originally published on this siteHOUSTON, Dec 7 (Reuters) – Alberta’s energy minister  said on Tuesday the Biden administration’s worries about high fuel prices could have been avoided had it not rejected the Keystone XL oil pipeline. U.S. President Joe Biden canceled Keystone XL’s permit on his first day in office in January,

This post was originally published on this siteA road sign directs traffic towards the Nord Stream 2 gas line landfall facility entrance in Lubmin, Germany, September 10, 2020. REUTERS/Hannibal Hanschke/File Photo WASHINGTON, Dec 7 (Reuters) – U.S. officials have told members of Congress they have an understanding with Germany about shutting down the Nord Stream

This post was originally published on this siteLONDON, Dec 7 (Reuters Breakingviews) – Saudi Aramco has handed both Larry Fink and Mohammed bin Salman a win. The BlackRock (BLK.N) chief executive is part of a group that on Monday announced it was paying $15.5 billion for 49% of a 20-year lease over the oil giant’s gas pipeline network, ultimately controlled

This post was originally published on this siteHOUSTON, Dec 7 (Reuters) – A coming transition from oil and gas to renewables will be “messy” for many years and lead to sharp energy price volatility as demand and supply clash, top energy executives said on Tuesday. The World Petroleum Congress, a gathering to discuss the future

This post was originally published on this siteHOUSTON, Dec 7 (Reuters) – Top energy executives this week urged a more cautious transition of energy policy away from oil and gas, but a U.S. Energy Department official said the industry has a moral obligation to address climate change and the economic opportunity it represents. Executives from

This post was originally published on this siteDENVER, Dec 6 (Reuters) – Oilfield services firm Halliburton (HAL.N) on Monday said the world was headed for a period of oil scarcity following years of underinvestment in fossil fuel development. “I think that for the first time, in a long time, we will see a buyer looking for a

This post was originally published on this siteDec 7, 2021 (Bloomberg) Oil extended gains on optimism that the omicron virus variant may not be as severe as feared, easing concern over the demand outlook.Futures in New York advanced beyond $71 and those in London topped $75 as equity markets rallied. Initial data shows that the surge in omicron cases hasn’t

This post was originally published on this siteDec 6, 2021 (Bloomberg) U.S. natural gas collapsed to the lowest level in more than four months as record-high temperatures kill heating demand ahead of winter. Futures for January delivery plunged 12% Monday, making the commodity the worst performer among U.S.-traded raw materials. Gas has already shed about 40%