Category: oil & gas

Global Energy Agency Proposes Car-Less Sundays to Help Reduce Oil Use

March 23, 2022
International Energy Agencyoil & gaspetroleumRussiaUkraine invasionUncategorizedUnited StatesUS
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Adopting a 10-point plan that includes car-less Sundays would eliminate 2.7 million barrels of oil consumption per day within four months if fully implemented by advanced nations in response to Russia’s invasion of Ukraine, the International Energy Agency (IEA) claims. “If fully carried out in advanced economies, the measures recommended by the IEA’s new 10-Point Plan…

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Global Energy Agency Proposes Carless Sundays to Help Reduce Oil Use

March 23, 2022
International Energy Agencyoil & gaspetroleumRussiaUkraine invasionUncategorizedUnited StatesUS
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Adopting a 10-point plan that includes carless Sundays would eliminate 2.7 million barrels of oil consumption per day within four months if fully implemented by advanced nations in response to Russia’s invasion of Ukraine, according to the International Energy Agency (IEA). “If fully carried out in advanced economies, the measures recommended by the IEA’s new 10-Point…

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Federal Officials Not Energy Executives Are Behind Soaring Gas Prices, House Panel Told

March 8, 2022
energyFederal Energy Leasesgas pricesHouse Energy & Commerce Committeeoil & gasPoliticsRussiaRussian Invasion of UkraineUncategorizedUSUS News
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President Joe Biden’s green energy policies are the key cause of skyrocketing gas prices, not the Russian invasion of Ukraine or the fact that federal leases for oil and gas exploration are not being fully utilized, according to an energy industry expert. “Wide swaths of the elected government and administrative state have decided that investments…

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COP26: Trudeau’s Heightened Climate Demands on Oil & Gas Sparks Criticism Back Home

November 3, 2021
Business & EconomyCanadaCompaniesCOP26G20oil & gasTrudeauWorld
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Trudeau increased the pressure on Canada’s energy sector with talk of a hard cap

In Rapid Push Toward Net Zero and ESG, Transition Plans Lag for Energy Workers

July 28, 2021
BusinessCanadaCompaniesESGnet zero 2050oil & gasWorld
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Government agencies and companies are accelerating their push toward net zero by 2050 and raising their emphasis on environmental, social, and governance (ESG) principles in their operations.

Oil & Gas Stocks Soar, Though OPEC+ Impasse Casts Uncertainty

July 7, 2021
BusinessCanadaCompaniesoil & gasOPECWorld
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The past year has seen oil & gas stocks flourish amid a Goldilocks environment.