Despite Biden’s highly-touted trip to Saudi Arabia just last month, leaders of the oil-rich nation are already proposing cuts in production to stabilize global supply and demand. Biden made the trip to secure a boost in production and the Whitehouse made a show of highlighting what they deemed as...
In recent years, the global push to make energy operations cleaner was accelerated during the pandemic when the international community saw the possibilities of a world curbing its oil and gas consumption. In response, energy firms have been quick to invest in, and promote, their ESG initiatives to show...
Congress may have just opened more doors for energy firms looking to develop their green hydrogen sectors by passing a bill that makes renewable energy more attractive. Tax credits for hydrogen production could see the U.S. develop this part of its energy industry, which is currently falling behind Europe...
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Stinson, LLP Shares Advice on Handling Employment Claims The Impact of the Pandemic on Employment Law Claims in the Oil and Gas Industry The oil and gas industry is not immune to the staggering labor and employment issues caused by the global pandemic. This industry experienced nearly 200,000 job cuts, approximately...
Russian President, Vladimir Putin, is putting on a masterclass on how to bring modern Europe to its knees. With a reliance on Russian oil and gas despite voicing objections about their actions in Ukraine, European nations are facing an existential crisis as they move into the fall and winter...
The massively bloated Inflation Reduction Act (IRA) is set to be voted on by the end of the week. With democratic holdouts like Manchin suddenly jumping onboard, there seems to be a chance the bill makes it through the Senate. However, with an agenda as diverse as the Village...
One crisis after another—it seems like Biden can’t catch a break. But what if Biden’s failure to act was just that? An act to ensure his Green New Deal was the only option left on the table when all else failed. We’ll look at global events taking place and...
As cryptocurrency is plummeting in value, it is catching the eyes of a public that is facing rising consumer bills, while digital currency miners are being scrutinized because of their high energy demand. With media articles highlighting the huge amount of electricity needed to produce Bitcoin and other digital...
Through a series of reactionary blunders, the current administration has served to drain our country’s strategic petroleum reserve (SPR) to levels not seen since the 1980s. A far cry from energy security amid global conflict, releasing reserves has thus far exceeded domestic refining capacity and therefore necessitated exporting. At...
For the future of renewable energy to be successful, America’s aging energy infrastructure needs a vast amount of investment. The U.S. grid requires significant work to prepare for the rise in renewable energy sources across the country. States are picking up the pace of their electrification plans, but a...