June 21, 2017

From Bloomberg: A combative billionaire commodity trader and a nation at the center of a political storm in the Middle East are about to join the board of Russia’s largest oil producer. They’ll feel right at home. The current directors of Rosneft PJSC, which pumps more oil than any other traded company, are already well versed in political intrigue or bare-knuckle

From Reuters: In the boreal forests and on the remote prairies of Alberta, a handful of firms are running pilot projects they hope will end a two-decade drought in innovation and stem the exodus of top global energy firms from Canada’s oil sands. They are searching for a breakthrough that will cut the cost of pumping the tar-like oil from

From Reuters: Energy giants including Exxon Mobil (XOM.N) and Royal Dutch Shell (RDSa.L) risk wasting more than a third of their budgets on projects that will not be needed if climate targets are to be met, a thinktank report shows. More than $2 trillion of planned investment in oil and gas projects by 2025 could be redundant if governments stick