for Oil Dependence
A new report warns that if left unchecked, emissions from the Permian could hit the administration's climate targets.
The White House wants to slash greenhouse gas emissions in half by 2030. But asking the OPEC+ cartel to pump more oil seems to undercut those aspirations.
Oil prices have sunk as concerns grow about the Delta variant.
The turmoil at the OPEC+ meeting injects uncertainty into the market—and may presage the challenges ahead.
In a bombshell report, the International Energy Agency states that the world must stop new fossil fuel projects immediately to hit net-zero emissions by 2050.
Petrostates remain ill-prepared for the global energy transition, and could see a budgetary gap of $9 trillion over the next two decades.
Iranian and Venezuelan hopes of a swift loosening of sanctions under the Biden administration are fading fast.
Likely Republican control of the Senate means President-elect Joe Biden's first policy actions will come from the President's pen, rather than Congressional legislation.
Low oil prices and high-profile deals point to a shift toward consolidation in the U.S. oil industry.
The Dakota Access pipeline shutdown could remove 570,000 barrels per day of takeaway capacity from the Bakken shale formation.