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US Oil Industry Group Pledges to Fight Possible Biden Fracking Limits

2020-11-24 11:19:36| OGI

If U.S. President-elect Joe Biden tries to restrict development of oil and gas drilling on federal lands, the American Petroleum Institute (API) will use every tool at its disposal including legal action, chief executive Mike Sommers said in an interview with Reuters on Nov. 23.

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Suncor to Operate Syncrude Oil Sands by 2021

2020-11-24 11:14:29| OGI

Suncor, as 58.74% owner of the Syncrude Joint Venture, said Nov. 23 that together with the other Syncrude joint venture ownersImperial Oil Resources Ltd., CNOOC Oil Sands Canada and Sinopec Oil Sands Partnershiphave agreed in principle for Suncor to become the operator of the Syncrude project by the end of 2021.

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Audi and KIT working on recycling for automotive plastics via pyrolysis oil

2020-11-24 09:55:36| Green Car Congress

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Colorado Regulators Approve Tougher Rules for New Oil, Gas Wells

2020-11-23 21:16:18| OGI

Colorados oil and gas regulator on Nov. 23 approved tougher permitting rules for new oil and gas wells, including requiring a 2,000-ft (610 m) separation between wells and homes or public spaces, from the current 500-foot setback.

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Whats Affecting Oil Prices This Week? (Nov. 23, 2020)

2020-11-23 19:00:00| OGI

The world witnessed the long-waited announcements related to successful trial results of several vaccines, which are the preliminary requisite for quick regulatory approvals that will then translate into mass production and distribution. 

Tags: week prices nov oil

 

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