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Tag: Energy

Oil Rig

Big Oil has a do-or-die decade ahead because of climate change

The 2020s are poised to be to energy firms what the 2010s were to utilities—disruptive As revolutionary slogans go, it hardly had the resonance of ¡No pasarán! But when Repsol, a Spanish oil company, said in December it would reduce the net carbon footprint of everything it produces to zero within 30 years, it marked the most powerful…
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Westwook Oil Rig

Westwood Global Energy Group: Appetite for finding oil not diminishing

Around the world the energy transition and extinction discussions and debates led the energy news  agendas in company boardrooms in 2019, but the impact on exploration drilling is not yet apparent, according to market research provider Westwood Global Energy Group. Westwood said on Thursday that the global high impact well count in 2019 was 91 wells,…
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