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December 22, 2021

Exclusive Interview: Qnergy – stirling engines for addressing methane emissions - oil and gas 360

Exclusive Interview: Qnergy – stirling engines for addressing methane emissions

December 22, 2021

Publisher’s Note: Dan Genovese with EnerCom sat down with Ory Zik, CEO of Qnergy, to discuss their clean, reliable, electric power system based on Stirling engines for Compressed Air Pneumatics (CAP) product that helps customers eliminate methane emissions by converting the methane into a useable energy source. Qnergy’s product has been deployed extensively across the North American gas market, replacing

Decarbonization goals fuel talent acquisition in energy-intensive industries- oil and gas 360

Decarbonization goals fuel talent acquisition in energy-intensive industries

December 22, 2021

World Oil As companies target net zero emissions by 2050, industrial decarbonization gathers momentum to embrace novel technologies, smart policies, robust investments, and new business models. To drive such initiatives, talent hiring is on the rise across industries, according to GlobalData, a leading data, and analytics company. Kiran Raj, Principal Disruptive Tech Analyst at GlobalData, comments: “The recent boom around

Jerome Powell faces turbulent 2022 as Fed walks economic tightrope- oil and gas 360

Jerome Powell faces turbulent 2022 as Fed walks economic tightrope

December 22, 2021

Fox Business Federal Reserve Chairman Jerome Powell is entering 2022 with the American economy on shaky ground, teeing up a challenging year for the U.S. central bank as it accelerates its withdrawal of support, all while navigating the ever-changing landscape of the coronavirus pandemic – this time without the aid of trillions of dollars in fiscal stimulus. Wall Street forecasters are dialing back their growth

Texas lawsuit by laundromat owners seeks to block Shell refinery sale to Pemex- oil and gas 360

Texas lawsuit by laundromat owners seeks to block Shell refinery sale to Pemex

December 22, 2021

Reuters MEXICO CITY/HOUSTON -A pair of New York businessmen filed a lawsuit in a U.S. court seeking to block Mexico’s state oil company Petroleos Mexicanos (Pemex) from taking control of a Texas refinery, claiming the sale would raise U.S. gasoline prices. Royal Dutch Shell in May agreed to sell its majority stake in the 302,800 barrel per day (bpd) Deer

Continental Resources chairman snaps up $16 mln in company stock

December 22, 2021

Reuters Harold Hamm, founder and chairman of shale oil producer Continental Resources, this month bought more than $16 million in company share, his second purchase in less than two months, according to regulatory filings. Hamm has purchased some $21.25 million worth of Continental stock since November, or 475,520 shares, according to filings with the U.S. Securities and Exchange Commission. Hamm

Oil prices steady as Omicron caution lingers- oil and gas 360

Oil prices steady as Omicron caution lingers

December 22, 2021

Reuters Oil prices were steady on Wednesday, with market players on the lookout for fuel demand pointers amid COVID-19 concerns after Singapore suspended quarantine-free travel and Australia renewed its vaccination push due to a surge in Omicron variant cases. U.S. West Texas Intermediate (WTI) crude futures slighty dipped 5 cents, or 0.07%, to $71.22 a barrel after jumping 3.7% on

U.S. crude oil inventories increase by 0.5 million barrels- oil and gas 360

U.S. crude oil inventories decrease by 4.7 million barrels

December 22, 2021

Weekly Crude Oil Storage as of December 17, 2021   U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 4.7 million barrels from the previous week.  At 423.6 million barrels, U.S. crude oil inventories are about 8% below the five year average for this time of year, according to the EIA crude oil and petroleum

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