Enlarge / The sun sets beyond an oil pumping unit, also known as a pumping jack, at a drilling site operated by Tatneft OAO near Almetyevsk, Russia. (credit: Andrey Rudakov/Bloomberg) Daimler Trucks, eBay and a US energy company were among the recent buyers of carbon offsets created by projects that involved injecting carbon dioxide underground […]
Tag: Oil
Feds allege destructive Russian hackers targeted US oil refineries
Enlarge / Critical infrastructure sites such as this oil refinery in Port Arthur, Texas, rely on safety systems. (credit: IIP Photo Archive) For years, the hackers behind the malware known as Triton or Trisis have stood out as a uniquely dangerous threat to critical infrastructure: a group of digital intruders who attempted to sabotage industrial […]
Everything you didn’t need to know about Aaron Rodgers’ oily enema cleanse
Enlarge / Quarterback Aaron Rodgers #12 of the Green Bay Packers warms up prior to the game against the Minnesota Vikings at Lambeau Field on January 02, 2022 in Green Bay, Wisconsin. (credit: Getty | Patrick McDermott) In what may be the worst bait-and-switch in the history of bait-and-switches, sports fans tuned in to The […]
Dutch court orders Shell oil company to cut carbon emissions 45% by 2030
Enlarge (credit: Bloomberg / Getty Images) On Wednesday, a court in the Netherlands ordered energy giant Royal Dutch Shell to cut its carbon emissions by 45 percent before the decade is over. Ruling on a suit filed by the Netherlands branch of Friends of the Earth, the court concluded that Royal Dutch Shell’s current plans […]
Oil prices Spike on hopes that a vaccine May Finish lockdowns for Great
Oil prices had been rallying radically on Monday, since the potential of a viable COVID-19 vaccine–along with also an end to stop-and-start lockdowns globally –seemed to ignite expectation that need could recuperate from an unparalleled fall this season. On early day Monday, Brent grew up 8.09percent to $42.64/barrel, although the WTI contract grew upward 9.18percent […]
Saudi Aramco Remains Asserting a dividend–Although it has Not got the Money
Saudi Aramco didn’t make enough money to pay its dividend, nevertheless left the payout rate at $18.75 billion to its third quarter as earnings dropped 45 percent and debt continued to climb. Gearing climbed to 21.8percent from 20 percent in June and away from {} at March, when Aramco had significantly more money than debt. […]
As tighter lockdowns Undermine Petroleum Requirement the Russian ruble Believes That the Strain
Even the ruble tumbled past 80 from the dollar, trading in its weakest level since March, as tighter lockdowns at Europe compromised demand for primitive, Russia’s primary export earner. The ruble was under stress for weeks amid fears of fresh sanctions, very low oil prices and increasing coronavirus instances. Concern that Joe Biden could crack […]