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Insights, Alerts & Trends | ENERGY IAT  |  ENERGY IAT NOVEMBER 24

Energy Industry News

Rhode Island’s new carbon reduction law, greenhouse gas emissions credits and more

Top of the news:

U.K. energy company Bulb will be put into administration.


President Biden is calling for other governments to release crude from their own Strategic Petroleum Reserves in light of potential rises in gas, Oil Price reports.


Colorado lawmakers are working to determine if legislation meant to put the financial onus of cleaning up oil drilling sites on oil companies will properly cover all of the bases while voices from both sides of the debate speak out, The Denver Post writes.


Arbor Renewable Gas, LLC has selected a location in Texas to construct its new renewable gas plant, Hydrocarbon Engineering reports.

The Wall Street Journal argues that trading in greenhouse gas emission credits won’t help drastically reduce carbon in the atmosphere.


There’s a reason why President Biden is making his pleas: oil prices have been rising in light of reports that the OPEC+ could increase oil production, Reuters writes.

Oilfield services company Saipem has been awarded a $940 million deal with Petrobras for work on their Buizos 7 project, Rigzone reports.


Oil and gas tech provider TechnipFMC and tech commercialization company Petronas Technology Ventures are teaming up to help put a carbon reducing membrane out onto the market, Hydrocarbon Engineering writes.


PPL Corp.‘s acquisition of Narragansett Electric is on hold until regulators can determine if it could comply with Rhode Island’s new carbon emissions law, Energy News reports.


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