Tag: oil and gas
The real reason why oil and gas companies are bullish on carbon capture
Two years ago, oil and gas company Occidental bought carbon capture startup Carbon Engineering. The transaction was hailed as a win-win: A climate...
Colombia's president orders national oil company to cancel US venture over environmental concerns
BOGOTA, Colombia (AP) — Colombian President Gustavo Petro on Tuesday ordered the state-run oil company Ecopetrol to cancel a joint venture with a...
Oil giant BP is killing 18 hydrogen projects, chilling the nascent industry
Tucked inside a 32-page earnings report, oil and gas giant BP revealed it was killing 18 early-stage hydrogen projects, a move that could...
Russia says it's the bigger person for not cutting Europe's natural gas supply — but that's not all there is to it
Russia's oil and gas profits are under pressure.Before the war, Russia supplied 40% of Europe's gas. It's now down to 15%.Russia's Foreign Minister...