Friday, June 19, 2026
Blackrock CEO says the world is on track to lose climate change fight- oil and gas 360

Blackrock CEO says the world is on track to lose climate change fight

World Oil (Bloomberg) –BlackRock Inc. Chief Executive Officer Larry Fink said emerging economies need about $1 trillion a year over the next three decades for the world to achieve carbon neutrality. “Right now the emerging world is getting about $150 billion a year, so we’re on a pathway of failing,” Fink said Tuesday at the Institute of International Finance annual

Europe’s green transition has been ‘management by chaos,’ energy expert says- oil and gas 360

Europe’s green transition has been ‘management by chaos,’ energy expert says

CNBC Europe’s handling of the transition to a green economy has been “management by chaos” and high energy prices could persist until 2025, according to Johannes Benigni, chairman of analysis firm JBC Energy. Natural gas futures soared to 13-year highs on the New York Mercantile Exchange, with Europe in particular feeling the pinch due to global supply shortages and its reliance

Locked-out Texas refinery workers to vote on Exxon contract proposal -union- oil and gas 360

Locked-out Texas refinery workers to vote on Exxon contract proposal -union

Reuters HOUSTON – Workers locked out of their jobs at a Beaumont, Texas, refinery for nearly six months by Exxon Mobil Corp will vote on the company’s latest contract proposal, a United Steelworkers’ union official said on Monday night. The vote on the contract by 650 workers locked out of the 369,024 barrel-per-day refinery and adjoining lubricant oil plant is

TotalEnergies and Qnergy work to reduce methane emissions on the Barnett field- oil and gas 360

TotalEnergies and Qnergy work to reduce methane emissions on the Barnett field

World Oil PARIS – As part of its effort for continuous progress and sustainable development, TotalEnergies announces deployment of an innovative technology developed by Qnergy, to significantly reduce methane emissions related to its operations on the Barnett gas field in the United States. The solution proposed by Qnergy uses a technology allowing to convert methane powered instrumentation to compressed air

Biden’s options to tame gas prices clash with his climate agenda-oil and gas 360

Biden’s options to tame gas prices clash with his climate agenda

Bloomberg President Joe Biden is under intensifying pressure to keep a lid on rising gasoline and natural gas prices that threaten the economic recovery and Democrats’ political ambitions. But he has little power to control global energy markets. “The toolbox is actually pretty limited,” said Kevin Book, managing director of research firm ClearView Energy Partners. “The U.S. government doesn’t have