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Oil and Gas Industry Braces for Punitive Methane Fee

2021-09-13 16:20:00| OGI

Heres why even oil and gas producers that support cracking down on emissions are up in arms over a proposal to tax American methane pollution.

Tags: industry gas oil fee

Chevron Braces for Activist Challenge with Engine No. 1 Meeting

2021-09-07 22:05:00| OGI

Chevron plans to lay out more carbon-reduction targets and is also considering adding a new director with environmental expertise to its board, the Wall Street Journal reported.

Tags: engine meeting challenge activist

US Heavy Oil Prices Rise as Market Braces for Mexico Supply Hit

2021-08-25 15:24:05| OGI

Prices of heavy sour crude oil grades have been rising in the U.S. Gulf Coast, traders said on Aug. 24, as the market braces for a disruption of supplies from Mexico in the wake of a fire that has cut state-run Pemex's oil output by about 25% since Aug. 22.

Tags: market prices hit mexico