May 2021 - Page 2 of 10

Shell ordered to deepen carbon cuts in landmark Dutch climate case

May 27, 2021

A Dutch court ordered Royal Dutch Shell to drastically deepen planned greenhouse gas emission cuts on Wednesday, in a landmark ruling that could trigger legal action against energy companies around the world. Shell said it was "disappointed" and plans to appeal the ruling, which comes amid rising pressure on energy companies from investors, activists and governments to shift

Vertex Energy to acquire Shell’s Mobile, Alabama refinery

May 27, 2021

| Archives

Royal Dutch Shell is selling its Mobile, Alabama refinery to Vertex Energy for $75 million, the company said on Wednesday. Vertex is a Texas-based specialty refiner of alternative feedstocks. Shell is shrinking its refining and chemicals portfolio as part of a broader shift by oil majors to reduce hydrocarbon emissions and shift to lower-carbon fuels. Shares of Vertex surged more

Biden defends Conocos Arctic drilling plan originally approved by Trump

May 27, 2021

| Archives

The Justice Department is defending the Trump administration’s approval of a massive ConocoPhillips Alaska Inc. project in federal court, over the objections of environmentalists who say the government didn’t adequately consider the venture’s effect on polar bears and the climate. In a filing with the U.S. District Court for the District of Alaska, the Biden administration said Wednesday

Rig Lynx Weekly Rundown – After 186 rescued, still scores missing offshore India west coast

May 24, 2021

| Weekly Rundown

After 186 rescued, still scores missing offshore India west coast The Indian Navy mounted a massive air and sea rescue mission on Tuesday for 79 oil workers and crew whose barge sank in heavy seas following a powerful cyclone that tore up the west coast killing at least 29 people Read More Seadrill Limited provides first quarter update, backlog at

Cabot Oil & Gas, Cimarex Energy to merge to create $17 bln producer

May 24, 2021

| Archives

Cabot Oil & Gas Corp and Cimarex Energy Co on Monday agreed to merge to form a U.S. oil and gas producer with an enterprise value of about $17 billion, the latest deal in a sector rebounding from one of its worst downturns. The deal frenzy reflects hopes to ride a recovery in oil and gas prices as fuel demand

TNG on IEA net zero report – Entire report emphasizes ongoing role of oil and gas globally

May 24, 2021

| Archives

Last Tuesday, the International Energy Agency (IEA) released a report detailing its “net-zero pathway”. The report covered hundreds of different steps the world could begin to take today to reach net-zero emissions by 2050. Most notably, the report outlined an extreme scenario for global oil and gas producers, which included no new investment in fossil-fuel supply projects. As anti-fossil fuel

Chernobyl Booze, IEA, Spain O & G, Kluber’s Heat, Pillar 94.5 to the Face, UFC 262, Triller OT EP 19

May 24, 2021

| OVERTIME

Listen to "Ep 19: Booze from Chernobyl, IEA Report, Spain Bans O & G, Kluber Throws the Heat, Pillar Takes 94.5 to the Face, UFC 262, Triller and UFC" on Spreaker. Join Greg and Ryan for another episode of Overtime Live! - Oil Prices - IEA Report - Spain Bans Oil and Gas Exploration - Corey Kluber Throws 2nd No-Hitter in Two Days - Kevin Pillar Takes

Sonodrill Contract Award, Sonatrach MOU, Halliburton and Algeria, BP & Eni Combine Assets, Shell Talks Nigeria Way Out WAW 12

May 24, 2021

| West Africa Weekly

Listen to "EP 12: Sonodrill Contract Award, Sonatrach MOU, Halliburton and Algeria, BP & Eni Combine Assets, Shell Talks Nigeria Way Out" on Spreaker. Join Greg for another episode of West Africa Weekly Live! This week: - Oil Prices - Seadrill JV Sonodrill Awarded 12 Well Contract for the Quenguela - Sonatrach Signs MoU on E&P with Equinor - Halliburton Awards

North America Rig Count: U.S. up 2 and Canada down 1

May 22, 2021

| Weekly Rig Count

Baker Hughes Rig Count: U.S. +2 to 455 rigs U.S. Rig Count is up 2 from last week to 455 with oil rigs up 4 to 356, gas rigs down 1 to 99, and miscellaneous rigs down 1 to 0. U.S. Rig Count is up 137 rigs from last year's count of 318, with oil rigs up 119 gas

U.S. District Court orders Dakota Access pipeline to remain open

May 22, 2021

| Archives

A U.S. federal court judge denied on Friday a request by Native American tribes to shut the Dakota Access oil pipeline after a key environmental permit was scrapped last year. The 570,000 barrel per day (bpd) pipeline out of North Dakota that travels under a Missouri River reservoir is likely to stay running at least until an environmental

Month: May 2021

Shell ordered to deepen carbon cuts in landmark Dutch climate case

Vertex Energy to acquire Shell’s Mobile, Alabama refinery

Biden defends Conocos Arctic drilling plan originally approved by Trump

Rig Lynx Weekly Rundown – After 186 rescued, still scores missing offshore India west coast

Cabot Oil & Gas, Cimarex Energy to merge to create $17 bln producer

TNG on IEA net zero report – Entire report emphasizes ongoing role of oil and gas globally

Chernobyl Booze, IEA, Spain O & G, Kluber’s Heat, Pillar 94.5 to the Face, UFC 262, Triller OT EP 19

Sonodrill Contract Award, Sonatrach MOU, Halliburton and Algeria, BP & Eni Combine Assets, Shell Talks Nigeria Way Out WAW 12

North America Rig Count: U.S. up 2 and Canada down 1

U.S. District Court orders Dakota Access pipeline to remain open

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