
ExxonMobil creates low carbon technology business
ExxonMobil Low Carbon Solutions will initially focus on carbon capture and storage, and is advancing plans for more than 20 new carbon capture and storage opportunities around the world.
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ExxonMobil Low Carbon Solutions will initially focus on carbon capture and storage, and is advancing plans for more than 20 new carbon capture and storage opportunities around the world.

C-Innovation will supply and complete all project management and engineering to provide a complete RLWI system utilising technology from Baker Hughes, Caltex Oil Tools and Halliburton.

Chevron has announced an US$11 million 4Q20 loss.

Most of the company's 2021 budget will be allocated towards operations in Guyana.

Affiliates of the two companies have entered into an agreement to jointly develop a futures contract for the physical delivery of crude oil in the Houston area.

American Petroleum Institute President and CEO Mike Sommers has issued a statement on the Biden administration's decision to temporarily suspend oil and gas permitting on US federal lands and waters.

Oil prices have fallen today over concerns about reported rising US oil storage levels and China adding travel restrictions.

API has issued a statement confirming that it stands ready to work with President Joe Biden and his administration.

Oil prices have risen on enthusiasm about a new policy era in the US and on anticipation for a decline in crude inventories.

As Joe Biden’s inauguration approaches, Wood Mackenzie experts share how his administration could impact trade, climate change goals, and changes to the energy sector in Asia Pacific.

Total has said that API's climate positions were only "partially aligned" with its own.

The US Energy Information Administration expects production of all fossil fuels – crude oil, coal, dry natural gas, and natural gas plant liquids – to increase in 2022, but forecast fossil fuel production will remain lower than the 2019 peak.