To pay for the renewable incentives, the House bill is expected to repeal about $ 21 billion in tax subsidies extended to
big oil and gas producers like Exxon Mobil Corp, ConocoPhillips and Chevron Corp..
Not exact matches
Wang Mei said she
and her husband were working for PetroChina (ptr), China «s
biggest oil -
and -
gas producer, in Inner Mongolia, but moved home to Suide county in Yulin, after their salaries were slashed.
Chinese investors appear increasingly bullish about opportunities in Western Australia's energy sector, following revelations a division of China's
biggest offshore
oil and gas producer, CNOOC, was a significant influence in one of the state's
biggest battery storage trials.
The push by the U.S. energy industry into hydraulic fracking
and horizontal drilling unleashed an energy boom, making the United States the world's
biggest producer of natural
gas and just recently the second - largest
producer of
oil, surpassing Saudi Arabia.
Lending to
oil and natural
gas producers poses a
bigger threat to U.S. banks than most other industrial sectors, said Bill Haas, deputy comptroller for midsize bank supervision at the Office of the Comptroller of the Currency, which regulates 1,620 national banks
and thrifts.
Petro China Co., the
biggest oil -
and -
gas producer by volume in China, said its third - quarter net profit fell by more than 80 %.
Russia, the world's
biggest crude
oil producer and its fifth - largest emitter of greenhouse
gases, signed the Paris agreement but has delayed formally ratifying it.
Meanwhile, a looming strike at several Norwegian
oil and gas fields which threatened to cut output in Western Europe's
biggest producer also helped support prices on Tuesday.
A rush to invest
and drill Top
producers Chesapeake Energy
and Exxon Mobil Corp., along with hundreds of
big and small
oil and gas producers, are pouring billions of dollars into developing North American shale formations.
It has, in fact, worked so well that the United States will overtake Russia this year as the
biggest combined
oil and natural
gas producer on the planet
and is expected to pass Saudi Arabia as the number one
oil producer by 2017.
This week, Peter Dykstra shares with host Steve Curwood his insights on a Department of Energy report that shows the US is now the globe's
biggest oil producer,
and US transportation emits more greenhouse
gases than electricity generation.
Beyond the Headlines listen / download This week, we cover a Department of Energy report that shows the US is now the globe's
biggest oil producer,
and US transportation emits more greenhouse
gases than electricity generation.
The quick reaction time by some of the high - cost
producers, notably the American shale
oil drillers, is why one of the world's foremost oilmen, Sadad Al - Husseini, the former executive vice-president of Saudi Aramco, the world's
biggest oil and gas company, is becoming bullish on
oil even as Brent prices sink to the low $ 60s.
BloombergBusiness — The U.S. has taken Russia's crown as the
biggest oil and natural -
gas producer in a demonstration of the seismic shifts in the world energy landscape emanating from America's shale fields.
As attorney general for a state that is one the nation's
biggest oil, natural
gas and grain
producers, Pruitt has been at the forefront of lawsuits challenging EPA regulations on carbon emissions
and water pollution,
and he is expected to lead the effort to erase much of President Barack Obama's environmental agenda.
We need a carbon tax, collected
and returned to US citizens, to force the
big fossil fuel
producers to get serious about alternative energy sources
and move away from coal,
oil and gas as quickly as possible.
After a dip in transactions in 2015
and 2016 as
oil prices slumped, the fund regained its appetite for deals late last year, investing in Turkey's
biggest poultry
producer, Rosneft,
and U.K.
gas company National Grid Plc, all within a couple of months.