Carbon Pricing: A Strategic Gamble for the Oil and Gas Sector
Carbon Pricing: A Strategic Bet for Oil and Gas Companies Oil and gas companies are backing carbon pricing—not just for emissions reduction, but to create a predictable business environment. Observer Labs In November 2021, U.S. Energy Secretary Jennifer Granholm asked the National Petroleum Council (NPC) to conduct a study on the at-scale deployment of low- […]
GeoPark Purchases Repsol’s Colombian Oil and Gas Assets for $530 Million
GeoPark acquires Repsol’s Colombian oil and gas assets for $530 million GeoPark Limited, a prominent independent energy company operating across Latin America, has signed Sale and Purchase Agreements (SPAs) with Repsol Exploración S.A. and Repsol E&P S.A.R.L to acquire key oil and gas assets in Colombia. The acquisition encompasses Repsol Colombia O&G Limited’s 45% non-operated […]
Will It Reduce Carbon Emissions or Limit Production? • Carbon Credits
Will It Cut Carbon or Curb Production? • Carbon Credits Canada’s upcoming emissions cap on the oil and gas sector aims to cut greenhouse gas emissions by 37% by 2030 from 2022 levels. However, the energy industry and provinces like Alberta are strongly opposing it. The plan, unveiled Monday, introduces a cap-and-trade system designed to […]
Why Investing in Carbon Capture Stocks Can Be Challenging
Carbon capture is often seen as key technology for battling climate change. But from a stock investor’s standpoint, it’s been a challenging theme to build into a portfolio. There are few pure-play stocks in this space, its performance has been poor, and while some see promise in the concept, others are skeptical about its cost-effectiveness […]