Shell said it authorized the major project after finding 20 percent in cost reductions and determining that it will produce a profit as long as the global benchmark for oil prices stays above $55 a barrel.
International oil producers are girding for carbon emission costs that may surge to almost 10 times the current prices in Europe, the world’s largest greenhouse gas market, as governments around the world step up efforts to curb climate change
The world is becoming more efficient in how it uses energy, but growing economies and an ever increasing world population will still mean an overall growing demand for energy in the coming decades, an industry expert said Saturday.
The South Texas Energy and Economic Roundtable will hold its first Eagle Ford Excellence Awards on Wednesday. The awards will recognize companies and contractors working in South Texas for environmental stewardship, safety and community and social investment. The awards presentation is at the Jack Guenther Pavilion at the Briscoe Western Art Museum. Master of ceremonies […]
The latest Beige Book from the Dallas Fed is out, and here’s what it says on everything having to do with the oil field. On the labor market – it’s a good time to work in at refining and petrochemical plants: “Refining and petrochemical contacts reported extreme difficulty finding engineers and construction laborers for current […]
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