Biden’s Big, Bold, Surprising Plan for a Green Transition (I Hope)

Our energy policy is a mess. The president needs to devise a new strategy with America’s biggest oil producers.

#alternative-and-renewable-energy, #biden-joseph-r-jr, #conocophillips, #gasoline-tax-us, #houston-tex, #oil-petroleum-and-gasoline, #saudi-arabia

S&P 500 Drops 2% in Worst Day Since May

Investors, weighing the prospect of the Federal Reserve preparing to reduce its purchases of government debt, sold off bonds, pushing the 10-year’s yield to its highest level since June.

#amazon-com-inc, #apple-inc, #conocophillips, #etsy-inc, #exxon-mobil-corp, #facebook-inc, #federal-reserve-system, #google-inc, #government-bonds, #halliburton-company, #inflation-economics, #interest-rates, #microsoft-corp, #nasdaq-composite-index, #new-york-life-insurance-co, #oil-petroleum-and-gasoline, #quantitative-easing, #schlumberger-ltd, #senate-committee-on-banking, #shopify-inc, #standardpoors-500-stock-index, #stocks-and-bonds, #united-states-economy

Royal Dutch Shell Is Selling Its Permian Basin Oil Holdings to ConocoPhillips

The deal with ConocoPhillips comes with oil prices high, Permian production strong and Shell under pressure to move faster to cut carbon emissions.

#conocophillips, #greenhouse-gas-emissions, #mergers-acquisitions-and-divestitures, #oil-petroleum-and-gasoline, #permian-basin-north-america, #royal-dutch-shell-plc

Court Blocks a Vast Alaskan Drilling Project, Citing Climate Dangers

The multibillion-dollar ConocoPhillips plan, known as Willow, was approved under the Trump administration and then legally supported by the Biden administration.

#alaska, #biden-joseph-r-jr, #bureau-of-land-management, #conocophillips, #global-warming, #greenhouse-gas-emissions, #interior-department, #oil-petroleum-and-gasoline, #suits-and-litigation-civil, #trump-donald-j, #united-states-politics-and-government

Here Are America’s Top Methane Emitters. Some Will Surprise You.

Oil and gas giants are selling off their most-polluting operations to small private companies. Most manage to escape public scrutiny.

#carbon-dioxide, #conocophillips, #environment, #environmental-protection-agency, #global-warming, #greenhouse-gas-emissions, #hydraulic-fracturing, #methane, #natural-gas, #oil-petroleum-and-gasoline, #private-equity

Biden’s Fossil Fuel Moves Clash With Pledges on Climate Change

Over the past month the Biden administration has defended three significant oil and gas projects, raising concerns among environmentalists that climate policy is being undermined

#alaska, #biden-joseph-r-jr, #conocophillips, #drilling-and-boring, #environment, #global-warming, #greenhouse-gas-emissions, #haaland-deb, #interior-department, #national-petroleum-reserve-alaska, #native-americans, #natural-gas, #oil-petroleum-and-gasoline, #pipelines, #suits-and-litigation-civil, #trump-donald-j, #united-states-politics-and-government

Biden Administration Defends Huge Alaska Oil Drilling Project

The administration says the country must pivot away from fossil fuels but backed a project set to produce more than 100,000 barrels of oil each day for 30 years.

#alaska, #alaska-natives, #biden-joseph-r-jr, #conocophillips, #drilling-and-boring, #global-warming, #greenhouse-gas-emissions, #national-petroleum-reserve-alaska, #oil-petroleum-and-gasoline, #reserves-natural-resources, #suits-and-litigation-civil, #trump-donald-j, #wildlife-sanctuaries-and-nature-reserves

As Oil Prices Rise, Executives Aim to Keep Them High

An industry known for boom-bust cycles is resisting the temptation to pump more oil — for now.

#american-rescue-plan-2021, #biden-joseph-r-jr, #chevron-corporation, #conocophillips, #coronavirus-2019-ncov, #drilling-and-boring, #international-relations, #international-trade-and-world-market, #oil-petroleum-and-gasoline, #organization-of-the-petroleum-exporting-countries, #persian-gulf, #pioneer-natural-resources-company, #prices-fares-fees-and-rates, #production, #russia, #saudi-arabia, #shale, #stocks-and-bonds, #texas, #united-states-economy, #wirth-michael-k

Oil Industry Turns to Mergers and Acquisitions to Survive

With the price of a barrel stuck around $40 and no recovery in sight, companies are combining to cut costs and ride out the pandemic.

#chevron-corporation, #concho-resources-inc, #conocophillips, #coronavirus-2019-ncov, #devon-energy-corporation, #layoffs-and-job-reductions, #mergers-acquisitions-and-divestitures, #natural-gas, #noble-energy-inc, #oil-petroleum-and-gasoline, #permian-basin-north-america, #prices-fares-fees-and-rates, #shale, #stocks-and-bonds, #texas, #wpx-energy-inc