News
Occidental is first U.S. oil major to target net zero mmissions
Occidental Petroleum Corp. became the first major U.S. oil producer to aim for net zero emissions from everything it extracts and sells, accelerating an industry trend that’s become commonplace in Europe. Source: FuelFix
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Power outages plague CenterPoint, anger customers
Reliability issues have become a liability for CenterPoint, angering homeowners and business customers alike. Source: FuelFix
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OPEC+ faces growing pressure to change course as ministers meet
OPEC and its allies gather Monday to assess the state of the market. No supply decisions are expected until Dec. 1 but, the cartel is under pressure to revise its plan to ease output cuts....
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Baker Botts launches carbon technology arm of energy law firm with eye to international clients
Houston-based Baker Botts, one of the top energy law firms in the U.S., launched a dedicated carbon capture, utilization and storage practice group within its energy sector, the firm said. After launching a hydrogen practice...
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Crude prices little changed after report shows inventories fell
The U.S. reported a drop of 3.8 million barrels of oil in its commercial crude oil inventories during the week ended Oct. 9. Source: FuelFix
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