‘Zombie’ Oil Wells in Canada Are a Climate Threat
Canada’s oil patch has nearly 100,000 suspended wells, neither active nor capped, and they’re a worrying source of planet-warming methane. The article 'Zombie' Oil Wells in Canada Are a C...
Month: October 2020
Oil prices rise with crude output curtailed by Norway strike and U.S. hurricane
Oil prices rise with crude output curtailed by Norway strike and U.S. hurricane The article Oil prices rise with crude output curtailed by Norway strike and U.S. hurricane was originally published a...
Venezuela, Once an Oil Giant, Reaches the End of an Era
Venezuela’s oil reserves, the world’s largest, transformed the country and the global energy market. Now its oil sector is grinding to a halt. Will it ever recover? The article Venezuela,...
Shell plans to cut up to 9,000 jobs as oil demand slumps during pandemic
Royal Dutch Shell says it is planning to cut between 7,000 and 9,000 jobs worldwide by the end of 2022 following a collapse in demand for oil and a subsequent slide in oil prices during the coronaviru...