Jim Mellon says Venezuela's oil recovery is 5+ years away, but US refiners could benefit: 'I'd suggest loading up on oil and gas'

Billionaire investor Jim Mellon said that Venezuela’s oil industry faces a long and difficult road to recovery, with ...
TechCrunch

The real reason why oil and gas companies are bullish on carbon capture

Two years ago, oil and gas company Occidental bought carbon capture startup Carbon Engineering. The transaction was hailed as a win-win: A climate tech company scored a significant exit, and a fossil ...
Aberdeen American News

Coal, oil seek to join forces on North Dakota energy production

Senator John Hoeven encourages North Dakota's coal and oil industries to collaborate for mutual benefit and meet energy demands. The proposal involves using carbon dioxide from coal plants to enhance ...
Seeking Alpha

Occidental Petroleum: $500 Million For Lower Carbon Venture

Occidental Petroleum's South Texas Direct Air Capture Hub aims to capture carbon dioxide. Secondary recovery could enhance oil and gas production for decades to come while storing carbon dioxide ...
Crude Oil Prices

The American Shale Patch Is All About Depletion Now

Goehring & Rozencwajg: U.S. shale production peaked in late 2023 and is now declining. Geological depletion rather than market dynamics poses the biggest challenge. Novel technologies like CO2 ...
Los Angeles Times

World’s largest brick-based battery powers up at California oil field

A Bay Area startup has turned on the world’s largest industrial heat battery. Rondo Energy is helping power Holmes Western Oil Corp.’s enhanced oil recovery system. Holmes replaced one of its natural ...
E&E

Trump reshaped a climate program to extract more oil. This company stands to profit.

The megalaw that President Donald Trump signed last month includes a raft of provisions to pump up the fossil fuel industry. But one driller with ties to Trump could get an outsize boost: Occidental ...