Posted on · Houston and much of Harris County’s nearly 5 million residents are under a boil water notice, as harsh weather and frigid temperatures continue to impact infrastructure in the region and across Texas.
Posted on · Royal Dutch Shell also says it hit peak carbon emissions in 2018, and has a comprehensive strategy to reach net-zero emissions by 2050. In general, European energy companies are touting more robust plans to address climate change than their US counterparts.
Posted on · Plus: the oilfield services sector added more than 8,000 jobs last month after losing more than 100,000 in 2020.
Posted on · Overall in 2020, ExxonMobil recorded more than $21 billions in losses. ConocoPhillips reported $2.7 billion in losses for the year, and BP (which has its US headquarters in Houston) recorded a full-year loss of $5.7 billion.
Posted on · Criticism and support for the President's actions on climate change largely fall along party lines, a policy brief from Rice University’s Baker Institute says energy and climate are potential areas for bipartisan action.
Posted on · In an expected move, President Biden will most likely halt oil and gas leases on federally owned lands and waters. In Texas only 2% of land is federally owned, meaning most oil and gas drilling occurs on private land.
Posted on · Trade groups representing the oil and gas industry say revoking a key permit needed for cross-border construction of the pipeline will cost jobs. Plus: ExxonMobil is accused of over-valuing a key asset in the Permian Basin.
Posted on · Like many oil and gas companies, ExxonMobil had a rough 2020. But what does that mean for Houston?
Posted on · Plus: oil and gas companies are among the corporations rethinking political contributions, amid increased calls from investors and the public for businesses to cut off donations to lawmakers who voted to challenge Biden’s victory.
Posted on · After nearly a year of devastatingly low oil prices, West Texas Crude is once again back to $50 per barrel. Also this week, Exxon reveals emissions details for customer use of its products, plus the state legislature could take up flaring in the upcoming session.
Posted on · For years the Texas-based oil major has released data about the company’s direct and indirect greenhouse gas emissions, but the most recent report is the first time Exxon has included estimated emissions from consumer use of their products.
Posted on · One bill would significantly limit the practice of natural gas flaring and venting. The other House Bill directs the state to further study the impacts.
Posted on · As Texas moves into Phase 1B, people over 65 and those at least 16 with underlying chronic health conditions can begin receiving their first doses of a COVID-19 vaccine.
Posted on · Throughout 2020 producers have had to cope with low prices, and it looks like that struggle will continue into January. Also this week, layoffs at Parsley Energy and Halliburton.
Posted on · Granholm will help oversee the Coronavirus recovery as well as the shift to a clean energy economy. Also this week, Exxon cuts 700 Houston workers and Parsley Energy sheds 230 from its Austin workforce.