Oil & Gas Top Stories

Most seabirds off northern Californian coast unlikely to collide with future wind turbines – study

A recent study shows that almost 80% of seabirds off the northern Californian coast fly far below the height at which potential wind turbines would operate.

Staff Writer | May 28, 2024 | 5:15 am

South African Shell-BP refinery purchase raises clean-up concern

State-owned Central Energy Fund has agreed to buy the 180,000-barrel-a-day…

Bloomberg News | May 27, 2024 | 2:13 pm

Elliott notches win with Suncor as shares rise to 16-year high

Canada’s second-largest oil producer by market value said it boosted…

Bloomberg News | May 21, 2024 | 1:46 pm

Metal waste can be turned into catalyst for hydrogen production

Swarf, a byproduct of the metal machining industry, can anchor…

Staff Writer | May 21, 2024 | 6:06 am

Robots recruited to manufacture wind turbines

US-based researchers have incorporated robotic assistance in the manufacturing of…

Staff Writer | May 7, 2024 | 6:06 am

New technology uses sand to store renewable energy

Particle thermal energy storage doesn’t rely on rare earth metals or materials that have complex and unsustainable supply chains.

Staff Writer | April 4, 2024 | 6:06 am

Senegal’s new president announces oil, gas and mining sector audit

Newly elected President Bassirou Diomaye Faye reassured investors they were welcome in the country.

Reuters | April 3, 2024 | 3:11 pm

Column: China PMI boosts sentiment, but commodity imports may have front-run

The return of China's key manufacturing index to positive territory for the first time in six months has sparked optimism.

Reuters | April 3, 2024 | 7:54 am

Pairing cryptocurrency mining with green hydrogen could boost deployment of renewable energy – study

Cornell University researchers found that pairing cryptocurrency mining with green hydrogen could provide the foundation for wider deployment of renewable energy.

Staff Writer | April 1, 2024 | 6:06 am

Banks shying away from fossil fuels bolster private credit deals

The value of private credit deals in the oil and gas industry topped $9 billion in the 24 months through 2023, up from $450 million arranged in the preceding two years.

Bloomberg News | March 26, 2024 | 6:48 am

US awards record $6bn to back industrial emissions reduction projects

The initiative, the single largest industrial decarbonization investment in US history, will subsidize 33 industrial projects in 20 states.

Reuters | March 25, 2024 | 5:58 am

Coal, oil, gas resources should remain in the ground to reach Paris Agreement goals – study

In a paper published in the journal Nature Communications, UB scientists present a global atlas of unburnable oil.

Staff Writer | March 19, 2024 | 6:06 am

Global commodity trading profits topped $100 billion for second-best year ever

While earnings fell from 2022’s blockbuster records, profits across the sector still easily eclipsed prior highlights such as in 2008-2009.

Bloomberg News | March 18, 2024 | 7:57 am

Industry executives expect the world to reach net zero by 2060 – report

The 2050 deadline seems too close for 600 executives in mining, oil and gas, utilities, chemicals and agribusinesses, according to Bain & Company.

Staff Writer | March 17, 2024 | 7:19 am

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