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Search Results for Oil
Oil Spill in Mauritius Calls for More Efforts to Safeguard Coral Reef Ecosystems
On July 25, 2020, a Japanese cargo ship struck a reef on the southeast coast of Mauritius, leaking tons of oil into coral reefs, pristine turquoise water lagoons and unique ecosystems of the island nation. The grounded ship split up,…
BP to Cut Oil Production 40% by 2030, and Invest Billions Into Green Energy
bp today introduces a new strategy that will reshape its business as it pivots from being an international oil company focused on producing resources to an integrated energy company focused on delivering solutions for customers. Within 10 years, bp aims…
The Oil & Gas Industry Doesn’t Have a Bright Future
The oil and gas industry has been in a recession, effectively since the global financial crisis 11 years ago. Each year, production volumes have increased by more than global demand, meaning that the market has been in decline, with lower…
Will the Historic Decisions Bring the Oil Industry Back From the Brink?
The IEA Oil Market Report (OMR) is one of the world’s most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining…
Oil Price Volatility Will Give a Boost to Renewables
Everyone loves low prices, but what the business community values most of all is predictability. The recent volatility in global oil markets — spearheaded by a fight to the death between Saudi Arabia and Russia — has sent the price…
Oil and Gas Industry Needs to Step Up Climate Efforts Now
Oil and gas companies are facing a critical challenge as the world increasingly shifts towards clean energy transitions. Fossil fuels drive the companies’ near-term returns, but failure to address growing calls to reduce greenhouse gas emissions could threaten their long-term…
Harmony Fuels Provides First Ever Carbon Neutral Heating Oil and Propane Products for Residential Customers from Maryland to Maine
New Division of Shipley Energy to Provide Unique Heating Options for Eco-Conscious Residents of the Northeast and Beyond
YORK, Penn.--(BUSINESS WIRE)--#carbonneutral--Shipley Energy today announced a new division, Harmony Fuels, that will provide the...