Oil and gas company valuations are based, in part, on their reserves – volumes of oil or gas yet to be developed from assets in their possession. But the International Energy Agency has said that to avoid catastrophic climate change, a third of global fossil fuel reserves must be off-limits until 2050. And if governments… Keep reading →
Quartz
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We will never sell or share your information without your consent. See our privacy policy.Quartz carried a piece yesterday about enhanced oil recovery – which covers a pretty broad range of techniques, from pumping water into wells to push more oil out of a reservoir to steam-assisted gravity drainage, which is used to develop oil sands – based on the findings of a Lux Research report. $100 per barrel may… Keep reading →