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Oil companies

Oil CEOs Push Carbon-Capture Efforts Ahead of Climate Talks
A group of 13 major oil companies charted out a plan on Monday to promote investments in carbon capture, use and storage (CCUS), ahead of a gathering in New Yor…
Shell Leads Big Oil in the Race to Invest in Clean Energy Tech
Major oil companies are poised to do a record number of clean-energy deals this year, with Royal Dutch Shell Plc leading a group of European majors that are we…
Shell Leads Big Oil in the Race to Invest in Clean Energy Tech
Major oil companies are poised to do a record number of clean-energy deals this year, with Royal Dutch Shell Plc leading a group of European majors that are wel…
$20B Danish Fund Ditches Oil Supermajors Over Climate Concerns
The US$20-billion Danish fund MP Pension said on Tuesday it is excluding the world’s largest oil companies from its portfolio, looking to secure long-term retu…
Oil & Gas Trade
Chinese Oil Refiners Want Changes to Tax Laws on the Consumption and Sale of Fuel Oil
Chinese oil refiners want changes to tax laws on the consumption and sale of fuel oil in order to start producing low-sulphur marine fuel when new global clean …
Russian Oil Extraction Hits Three Year Low
The contamination of Urals oil with chlorides and the subsequent suspension of the Druzhba pipeline, which accounts for 20% of Russia’s oil exports, has forced…
Top 20 Oil Companies Improved Cash Flow By $34 Billion
It is true that in recent years oil companies have collectively outspent their revenues. But two important issues are often overlooked in the stories about nega…
PDPU to Rope in Oil Companies to Harness Geothermal Energy
The state is now exploring geothermal renewable energy and it is ready to set up its first geothermal power plant of 10-20 kilowatt capacity.

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