#oil and gas

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www.independent.co.uk
2 months ago
UK news

Tory minister criticises party's Budget and slams key part as deeply disappointing'

Conservative minister criticizes government's windfall tax extension on oil and gas firms.
Ministerial job at risk due to public disagreement with government position. [ more ]
WSJ
4 months ago
Business

Occidental to Acquire CrownRock in $12 Billion Deal

Occidental Petroleum acquires CrownRock in a $12 million deal
The acquisition includes CrownRock's 94,000 net acres in the Permian Basin [ more ]
WSJ
5 months ago
Business intelligence

Energy & Utilities Roundup: Market Talk

Equinor's Capital Markets Day could lead to a reassessment of the company's oil and gas business.
The expansion into renewable energy and low-carbon solutions may contribute to uncertainty for Equinor's shares. [ more ]
www.theguardian.com
5 months ago
London

Police make 630 arrests of climate protesters in London in one month

Police have made 630 arrests of peaceful protesters campaigning against new oil and gas production in the UK.
The arrests were made under the government's anti-protest legislation and have been condemned by civil rights group Liberty. [ more ]
www.cbc.ca
5 months ago
Environment

Canada's oil and gas emissions cap is coming here's what to expect | CBC News

Canada's federal government is expected to release an oil and gas emissions cap framework soon.
Recent legal setbacks have caused delays in developing the framework, but the government is committed to tackling pollution without infringing on provincial jurisdiction. [ more ]
WSJ
5 months ago
Environment

Oil-and-Gas Companies Account for Only 1% of Clean-Energy Investment Globally, IEA Says

The fossil-fuel industry is not investing enough in decarbonization, spending just 2.5% of their investment on clean energy.
Oil-and-gas companies should allocate about half of their capital expenditures towards clean energy projects by 2030 to meet the Paris climate agreement target.
Tackling methane leaks in oil-and-gas operations is a cost-effective way to reduce greenhouse gas emissions. [ more ]
WSJ
5 months ago
Fundraising

Kimmeridge's Neda Jafar Says Raising Oil Investment Funds Takes 'Resilience'

Kimmeridge Energy Management raised over $1 billion for its Kimmeridge Fund VI, the largest pool in the firm's history.
Neda Jafar, partner at Kimmeridge Energy Management, led fundraising efforts for the private-equity firm.
Investors are still willing to commit significant capital to oil and gas businesses despite challenges in the energy industry. [ more ]
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