The new US climate law has a gigantic methane leak
The Inflation Reduction Act, the biggest climate bill in US history, marks a turning...
The Inflation Reduction Act, the biggest climate bill in US history, marks a turning point in the battle against methane. It imposes a fee of $900 per metric ton of methane emissions starting in 2024, rising to $1,500 by 2026. It’s the first time the US has imposed a fee or tax on any form of greenhouse gas emissions.
The only problem is: The fee won’t apply to most of the country’s methane emissions.
Don't expect Iran to start pumping more oil anytime soon. Goldman Sachs warned in a...
Don't expect Iran to start pumping more oil anytime soon. Goldman Sachs warned in a note to clients that a stalemate between the US and Iran could be "mutually beneficial," not to mention Russia threatens the chances of an agreement coming to fruition. To the bank, a nuclear deal remains far off.
Russia expects prices for its natural gas exports to soar to $730 this year. According...
Russia expects prices for its natural gas exports to soar to $730 this year. According to a Reuters report, that forecast is a 140% jump from 2021 and a 39% hike from its previous expectation for 2022. Here's what you want to know.
High gas prices will offset the decline in export volume, while crude oil exports will remain roughly flat. Moscow predicts total energy export revenue will jump 27% this year to $337.5 billion.
Continental Resources promotes Lawler to President and COO
Continental Resources (NYSE:...
Continental Resources (NYSE:CLR) said on Thursday it has promoted Doug Lawler to President and Chief Operating Officer, effective immediately.
Lawler is well known in the industry serving as CEO of Chesapeake Energy during 2013-21; previously, he spent time with Kerr-McGee and Anadarko Petroleum.
He joined Continental (CLR) in February as COO and Executive Vice President.
Consumer prices in the UK increased to 10.1% year-over-year in July on higher food costs, according to a government report yesterday. The numbers confirm a stark Bank of England forecast earlier this month predicting 13% inflation as the country anticipates a likely recession this fall.
