Between 18% and 22% of North Dakota's oil production was knocked offline Friday by a winter storm that...
Between 18% and 22% of North Dakota's oil production was knocked offline Friday by a winter storm that clobbered the northern US, but oil volumes were expected to make a swift recovery as conditions improve, said state Pipeline Authority Director Justin Kringstad. Drilling and completion activity was also expected to remain subdued for a few days.
Not all carbon emissions offsets are created equally, and in a world where accusations of greenwashing...
Not all carbon emissions offsets are created equally, and in a world where accusations of greenwashing abound, how can executives ensure they are offsetting their organization's emissions in a transparent and responsible way? Blake Lawrence from Cool Effect outlines five questions organizations should ask before buying carbon emission offsets.
U.S. stocks finish lower, extending last week's losses
U.S. stocks ended down Monday, with the technology-heavy Nasdaq...
U.S. stocks ended down Monday, with the technology-heavy Nasdaq Composite falling sharply, deepening last week's losses as concerns over an economic slowdown persisted. The Dow Jones Industrial Average DJIA closed 0.5% lower, while the S&P 500 SPX dropped 0.9% and the Nasdaq Composite COMP sank 1.5%, according to preliminary data from FactSet. All three major benchmarks fell last week amid recession fears, booking back-to-back weekly declines for the first time since September. On Monday, the National Association of Home Builders said its monthly confidence index fell in December for a 12th straight month, dragged down by high mortgage rates and inflation.
Latest quake spells more trouble for W. Texas producers
West Texas was struck by a 5.4 magnitude earthquake on Friday, the region's second earthquake of this...
West Texas was struck by a 5.4 magnitude earthquake on Friday, the region's second earthquake of this magnitude in little more than a month and one of the largest in the state's history. Regulators warned wastewater injections into deep wastewater disposal wells in the Northern Culberson-Reeves Seismic Response Area would be halted for 24 months if another quake of at least 4.5 magnitude hits the area, a move that could cause serious logistics issues and raise oil production costs for drillers in the region.
Big picture: Border cities are bracing for an influx of migrants once Title 42 ends...
Big picture: Border cities are bracing for an influx of migrants once Title 42 ends this week. El Paso, whose migrant support system has already been under intense strain in the past week, declared a state of emergency on Saturday so that people waiting outside in near-freezing temperatures can get additional resources.