Surging US oil production is impacting trade flows and price differentials more than global supply levels and benchmark pricing according to analysis from the Oxford Institute for Energy Studies. But that could change over the longer term as backed out West African crudes play a larger role in Brent price formation. “While the USA largely… Keep reading →
The latest round of economic sanctions against Russia enacted by the US and European Union are designed to blunt Russia’s ability to tap western technology and expertise needed to develop complex oil deposits and shale resources. “The biggest edge that Western energy companies still have is their technological edge — that’s why these sanctions have… Keep reading →
Financial results from 127 global oil and natural gas companies showed increased use of debt to help fund operations – along with asset sales – in recent years amid flat oil prices. Low borrowing rates facilitated this phenomenon, though the long-term sustainability of this strategy is questionable. “Using debt to fuel growth is a typical… Keep reading →
The Sacred Rivers Carbon Project utilizes Hivemind’s cutting edge mycelium technology, a fungi that breaks down plant and woody material to develop healthier soil, to create carbon banks within critical watersheds throughout Southeast Asia. These sites will help stop catastrophic climate change and also prevent habitat and biodiversity los…
Keeping an eye on what happens with domestic oil and gas regulation is a bit like herding cats. We’ve seen encouraging progress on air quality issues related to oil and gas, but an equally critical front that’s seen major action is protection of our land and water resources. More than 30 states actively regulate oil… Keep reading →
If you’ve been focused on recent reports of climate disaster, or on the Trump administration’s relentless attacks against environmental safeguards and climate science, you’re probably worrying we’re not making progress – at all. But look a little closer, right here in the United States, and you’ll see that people aren’t waiting around. Instead of giving in to… Keep reading →
I’m a certified oil and gas tech nerd, and I’ve never been so excited about my job. I love data, the insights that come with it, and especially the ways of applying those insights to catalyze continuous improvement. There are few decisions I make without an Excel spreadsheet – and after spending several years working… Keep reading →
The U.S. Environmental Protection Agency (EPA) released its annual update to the 2016 U.S. Inventory of Greenhouse Gas Emissions (GHGI) yesterday, showing a slight decrease in total greenhouse gas emissions from 2015 to 2016. Methane, a potent greenhouse gas and the main constituent of natural gas, is responsible for roughly a quarter of global warming we see… Keep reading →
A new study from the Western Regional Air Partnership — a collaboration of state, tribal, and local air agencies, the Environmental Protection Agency, federal land managers, and other local stakeholders — finds methane emissions from New Mexico’s oil and gas facilities are higher than previous estimates and notes regulations could help address the problem. The research draws… Keep reading →
The U.S. Environmental Protection Agency (EPA) has released a draft of its annual update to the U.S. Inventory of Greenhouse Gas Emissions (GHGI). The draft, which now includes emissions data for 2016, estimates oil and gas operators released 8.1 million metric tons (MMT) of methane of the course of the year through leaks, venting, and… Keep reading →
