U.S. climate envoy John Kerry on Tuesday urged oil and gas companies to do more to diversify and adopt low-carbon technologies to tackle climate change.
The main U.S. oil industry lobby group, the American Petroleum Institute, is weighing endorsing a price on carbon emissions, a major shift after long resisting mandatory government climate policies, a source familiar with the decision-making said.
OPEC sees a generally positive oil market outlook with last year's uncertainty easing, but downside risks caused by the pandemic persist, the group's secretary general and its experts said on Tuesday. "We have come a long way from a year ago," OPEC chief Mohammad Barkindo said.
The energy industry is already starting to recover from one the worst years in recent history after the coronavirus pandemic roiled global markets, Baker Hughes Chief Executive Lorenzo Simonelli said on Monday during CERAWeek by IHS Markit.
- A winter storm that hit parts of the southern United States over the past week led several energy companies to report stronger-than-expected results after they were called on to provide more power at higher prices, while others faced millions of dollars in losses.
- A winter storm that hit parts of the southern United States over the past week led several energy companies to report stronger-than-expected results after they were called on to provide more power at higher prices, while others faced millions of dollars in losses.
Brazil's oil sector regulator ANP does not see President Jair Bolsonaro's appointment of a new Petrobras CEO altering the country's policy of opening up the domestic refinery market to private investment, ANP director-general Rodolfo Saboia said on Monday.
TULSA, Okla. and VANCOUVER, British Columbia, Feb. 19, 2021 -- Jericho Oil Corporation (JROOF) is pleased to support the Hydrogen Councils new report released Wednesday highlighting hydrogens role in a rapid and deep decarbonizing world, including its cost competitiveness and various end applications.
* Mining, oil sector shares jump on commodities rally. * Oil at one-year high, copper highest in nearly a decade. * China shares falter on return from Lunar New Year. * Bond yields steady after sell-off. * Sentiment still positive on recovery hopes. * Graphic: Global asset performance http://tmsnrt.rs/2yaDPgn. * Graphic: World FX rates http://tmsnrt.rs/2egbfVh. By Marc Jones.
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