The Biden Administration could couple releases from the Strategic Petroleum Reserve (SPR) with a longer-term policy to support the U.S. oil industry if it wants to reduce the soaring gasoline and oil prices and ensure America’s energy security, Mike Wirth, chief executive at supermajor Chevron,...
Mitsubishi Heavy Industries, Ltd. (MHI) is pleased to announce that today it has joined "ACT FOR SKY," a voluntary organization established jointly by JGC Holdings Corporation Co.,Ltd., REVO International Inc. All Nippon Airways Co., Ltd. and Japan Airlines Co.,Ltd. (Headquarters: Shinagawa-ku, Tokyo, President: AKASAKA Yuji,...
PetroNor E&P ASA (OSE ticker: “PNOR”) reports a 10 per cent increase in production for the fourth quarter compared with the previous quarter. Increased sales volume and higher oil price led to all-time high revenues and profitability in the quarter. Oil and gas revenue (net of...
Hydrogen would fuel olefins plant, reduce integrated site emissions by up to 30% Carbon capture project would be one of world’s largest; double company’s industry-leading capacity Hydrogen and carbon capture capacity to help industry reduce emiss...
IRVING, Texas--(BUSINESS WIRE)--ExxonMobil today issued the following statement regarding the situation in Ukraine. ExxonMobil supports the people of Ukraine as they seek to defend their freedom and determine their own future as a nation. We deplore R...
GreenFire Energy Inc., a developer of innovative geothermal technology, announced that it has completed the initial closing of its Series A financing round led by Baker Hughes, an energy technology company. Helmerich & Payne, Inc. (NYSE: HP), a global leader in rig technologies and drilling...
Lotte New York Palace & Virtually – Thursday, March 10, 2022 RYE, N.Y.--(BUSINESS WIRE)--Gabelli Funds is hosting its 13th Annual Specialty Chemicals Symposium at the Lotte New York Palace in New York City on Thursday, March 10, 2022. The conferen...
Procures Additional 1.5GW of First Solar’s Modules for Advanced-Stage Pipeline REDWOOD CITY, Calif.--(BUSINESS WIRE)--SB Energy Global LLC (“SB Energy”), a subsidiary of SoftBank Group Corp., announced today that it has placed a multi-year order for 1...
HOUSTON--(BUSINESS WIRE)--Hess Midstream LP (NYSE: HESM) (“Hess Midstream”), announced the filing of its annual report on Form 10-K for the fiscal year ended December 31, 2021 with the Securities and Exchange Commission on March 1, 2022. A copy of the ...
International Monetary Fund (IMF) Managing Director Kristalina Georgieva and World Bank Group President David Malpass today issued the following statement on the war in Ukraine. “We are deeply shocked and saddened by the devastating human and economic toll brought by the war in Ukraine. People are...
HOUSTON--(BUSINESS WIRE)--$HESM--Hess Midstream LP (NYSE: HESM) (“Hess Midstream”) today reiterated its first quarter and full-year 2022 guidance, which includes approximately 95% minimum volume commitment (“MVC”) revenue, as Hess Midstream’s physical ...
The European business community has been united in condemning the invasion of Ukraine by Russia. We have a common concern about the situation. Due to the current situation and the uncertainty in the market, Neste has mostly replaced Russian crude oil with other crudes, such as...