Post Tagged with: "oil firms"

Source: Reuters

FOCUS-Canada oil firms face losses as booming supply runs into Trans Mountain delays

Nasdaq


Canadian oil producers are bracing for further potential delays to the Trans Mountain pipeline expansion (TMX) that could cost them millions of dollars in lost revenues in coming months after they ramped up production ready to fill the expanded …

Source: Oil Price

Carbon capture doesn’t mean oil firms can continue business as usual

Oil Price


Carbon capture, utilization, and storage (CCUS) could play a vital role in the decarbonization of some industries but carbon removals cannot be used by oil and gas firms while they continue to pump fossil fuels as usual, a …

Source: Reuters

FOCUS-In Colorado, oil firms fix leaky wells ahead of new rules

Nasdaq


KERSEY, Colo. – Northern Colorado’s biggest oil producing region is emerging as a test case for energy companies hoping to tackle the industry’s most pressing regulatory and environmental problems: capping old wells that leak climate-warming methane and other emissions.…

Source: Reuters

Oil firms on EU’s Russian oil ban and end of Shanghai lockdown

Yahoo Finance


LONDON- Oil prices firmed on Wednesday after European Union leaders agreed to a partial and phased ban on Russian oil and as China ended its COVID-19 lockdown in Shanghai.

Brent crude was up $2.40, or 2.1%, at $118 …

Source: Reuters

Oil firms as dollar slips, but demand worries persist

Reuters


LONDON – Oil rose about 1% on Thursday after early declines on a weaker dollar and U.S. inventory drawdowns, but delays to vaccine rollouts and fresh travel curbs to prevent new coronavirus outbreaks kept further gains at bay.

Brent …